Avanti Feeds shares stumble 6% as profits came much lower

Avanti Feeds shares stumble 6% as Q2 profit more than halves to ₹69 crore AVANTIFEED SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Avanti Feeds, India's leading aquaculture company specialising in the production of shrimp and fish feed, saw a 6 per cent decline in its shares after it reported an over 50 per cent decline in profit for the quarter ended September 2026. Avanti Feeds' share price hit an intraday low of ₹680 on the National Stock Exchange (NSE), down 5.8 per cent. As of 11.30 AM, the stock was trading 2.14 per cent lower at ₹707.10 apiece, even as the benchmark Nifty 50 index traded 1.27 per cent higher at 25,364. Commenting on the stock post-earnings, Vipin Kumar, assistant vice president (AVP) of equity research - derivatives and technical analysts - Globe Capital Market, said: The stock has been consolidating in the ₹655–740 range for the past six weeks. Going forward, a decisive close above the ₹740 spot level would be a positive development that could push the stock toward the ₹835 level—its 2-year exponential moving average zone. On the downside, support is placed around ₹655. Amid US trade restrictions and tariff hikes, the small-cap stock has lost 19.75 per cent so far in 2026, on a year-to-date (YTD) basis. All this is for information This is not a buy/sell recommendation. SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826 Thank you, Technofunda24