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`Birdflu scare will affect results'

Our Bureau

Hyderabad, March 19

Srinivasa Hatcheries Ltd has informed the stock exchanges that in the wake of the recent alleged reports of prevalence of the bird flu epidemic, the prices of eggs and chicken have fallen steeply in many parts of the country including the company's area of operations. Following this, the company said its performance for the quarters ending March and June 2006 would be affected. However, the company said with the bird flu scare largely being unfounded, the consumption of the poultry products has started picking up and the situation was expected to improve gradually.

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