Shares of Avanti Feeds continued gaining streak on Monday and surged over 8 per cent on the Bombay Stock Exchange after board of the comlany announced stock split from Rs 2 to Rs 1 and issue of bonus shares in the ratio of 1:2.
Extending previous session rally, stocks of the company gained as much as 8.45 per cent and touched an intra-day high of Rs 1980.00 apiece on the Bombay Stock Exchange.
In a similar trend, shares of the firm were trading 5.98 per cent higher at Rs 1,934.05 apiece on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 35,609.13, up 165.46 points, or 0.47 per cent at 11:50 hours.