Revenue was down 11 percent to Rs 754.54 crore against Rs 854 crore.
Moneycontrol News
@moneycontrolcom
Share price of Avanti Feeds plunged 14 percent in the early trade on Monday after company reported weak set of numbers for the quarter ended September 2018.
The company's Q2FY19 net profit declined 60 percent to Rs 46.39 crore against Rs 116.34 crore.
Revenue was down 11 percent to Rs 754.54 crore against Rs 854 crore.
At 09:20 hrs Avanti Feeds was quoting at Rs 378, down Rs 44.65, or 10.56 percent on the BSE.
The share touched its 52-week high Rs 999.90 and 52-week low Rs 350 on 13 November, 2017 and 28 September, 2018, respectively.
Currently, it is trading 62.43 percent below its 52-week high and 7.33 percent above its 52-week low.
For more market news, click hereFirst Published on Nov 12, 2018 09:36 am
