Net profit of Avanti Feeds declined 26.81% to Rs 73.57 crore in the quarter ended December 2018 as against Rs 100.52 crore during the previous quarter ended December 2017. Sales rose 18.25% to Rs 835.32 crore in the quarter ended December 2018 as against Rs 706.43 crore during the previous quarter ended December 2017.

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Avanti Feeds will hold a meeting of the Board of Directors of the Company on 8 February 2019.

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Oriental Bank of Commerce, SREI Infrastructure Finance Ltd, India Cements Ltd and Hindustan Petroleum Corporation Ltd are among the other losers in the BSE's 'A' group today, 12 November 2018.

Avanti Feeds Ltd crashed 10.93% to Rs 376.45 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 2.34 lakh shares were traded on the counter so far as against the average daily volumes of 60234 shares in the past one month.

Oriental Bank of Commerce lost 8.18% to Rs 80.3. The stock was the second biggest loser in 'A' group.On the BSE, 6.28 lakh shares were traded on the counter so far as against the average daily volumes of 4.76 lakh shares in the past one month.

SREI Infrastructure Finance Ltd tumbled 6.73% to Rs 36.75. The stock was the third biggest loser in 'A' group.On the BSE, 3.59 lakh shares were traded on the counter so far as against the average daily volumes of 6.28 lakh shares in the past one month.

India Cements Ltd fell 5.67% to Rs 91.55. The stock was the fourth biggest loser in 'A' group.On the BSE, 8.09 lakh shares were traded on the counter so far as against the average daily volumes of 5.55 lakh shares in the past one month.

Hindustan Petroleum Corporation Ltd corrected 5.61% to Rs 227.1. The stock was the fifth biggest loser in 'A' group.On the BSE, 6.25 lakh shares were traded on the counter so far as against the average daily volumes of 9.56 lakh shares in the past one month.

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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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