Avanti Feeds lost 11.04% to Rs 376 at 14:21 IST on BSE after consolidated net profit dropped 56.46% to Rs 55.11 crore on 11.65% fall in net sales to Rs 754.54 crore in Q2 September 2018 over Q2 September 2017.
The result was announced on Saturday, 10 November 2018.Meanwhile, the S&P BSE Sensex was down 247.40 points, or 0.7% to 34,911.15
On the BSE, 2.31 lakh shares were traded in the counter so far compared with average daily volumes of 53,000 shares in the past two weeks. The stock had hit a high of Rs 383.75 and a low of Rs 363 so far during the day.
Avanti Feeds is the leading manufacturer of prawn and fish feeds and shrimp processor and exporter from India.
Powered by Capital Market - Live News