Avanti has just had a great Fy 2012-13 with revenues crossing Rs 600 Crs. Even at current price of Rs 180/share (has doubled from the Rs 100 at the time of this blog`s first recommendation), the stock still trades at a little less than a P/E of 6x.

Still cheap, but for all those who bought this at Rs 100(myself included), the bigger question of “when to sell” needs to be answered. Considering that the seafood industry is in a rapid growth phase, it is easy to assume that Avanti will continue to outperform. On the contrary, this is a very cyclical and unorganized industry raising fears that something may go wrong soon bringing the stock crashing down.