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Actionable news in ANFI: AMIRA NATURE FOODS Ltd,

Amira Nature Foods: Buy While It's Still Cheap

Summary

Amira Nature Foods announced today that they will be filing financials from Q1 and Q2 FY 16 sometime this month.

This should reassure jittery investors who want to know the current financial health and outlook for the company.

Institutional buying continues to increase and the options market indicates a bullish near-term outlook for the company.

Investors should consider buying Amira Nature Foods while it is still cheap.

Introduction

Amira Nature Foods (NYSE:ANFI) announced today that they will be filing financials from the six months ended September 30, 2015 sometime this month. They will also be releasing full FY 16 data in July this year. This announcement should help reassure jittery investors who want to know the current financial health and projections for the company.

Although we still don't know the exact financial details of ANFI's recent performance, we do know that its historical performance has been excellent. With revenues of $700 million and nearly $100 million in adjusted EBITDA in FY 15, ANFI continues to impress.

The market and investors are beginning to take note. Institutional buying increased...


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