Gold Silver Reports (NBR) – Avanti Feeds Falls Most In Over Two Months – Avanti Feeds Falls Most In Over Two Months – Shares of the Hyderabad-based shrimp feed maker fell as much as 16.91 percent, the most since March 26, to Rs 1,235 on the back of heavy volumes.
Trading volume was 4.3 times its 20-day average.
Shares of small-cap companies continued to underperform their larger peers for third day in a row.
The S&P BSE SmallCap index fell 1.5 percent. Asian Granito, KEI Industries and Shree Pushkar Chemicals were among the top losers from this space.
Shares of the debt-ridden telecom operator fell over 5 percent to Rs 14.95 after the company in an exchange said that it will not pay interest on non-convertible debentures until company completes the restructuring. Asset sale proceeds will be used for repaying debt including bonds in such manner as may be decided by the lenders’ panel, the filing added.
Sugar Stocks Surge As GST Panel Awaits Attorney General’s View On Sugar Cess
Shares of sugar manufacturers rose as much as 7 percent after a goods and services tax panel awaits Attorney General KK Venugopal’s opinion on a special cess to compensate sugarcane farmers as prices have plunged and cash-starved mills struggle to clear cane dues.
