Avanti Feeds shares jump 12%, snap two-day losing streak despite weak Q2 results

Avanti Feeds led Nifty 500 gainers at intraday trade, after surging as much as 12.06%, snapping a two-session losing streak. The rally comes a day after Avanti Feeds reported a 54.9% decline in Q2 net profit to ₹69 crore and a 59.8% drop in EBITDA.