Meanwhile, the S&P BSE Sensex was down 93.52 points, or 0.25% to 37,598.37.

On the BSE, 2.04 lakh shares were traded in the counter so far compared with average daily volumes of 1.47 lakh shares in the past two weeks. The stock had hit a high of Rs 510.10 and a low of Rs 483.15 so far during the day. The stock hit a record high of Rs 999 on 13 November 2017. The stock hit a 52-week low of Rs 390 on 17 July 2018.

Avanti Feeds is the leading manufacturer of prawn and fish feeds and shrimp processor and exporter from India.