Hot Pursuit     12-Nov-18
Avanti Feeds slumps after dismal Q2 result
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.

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