20 Oct 2025 | 3 Mins Read

Three Stocks Plummet 13% in Strong Market Despite Q2 Optimism

Flipitmoney

Avantel shares fell 13% after reporting a 30% decline in consolidated sales and 63% drop in EBITDA. UTI AMC declined 10% due to a 23.5% revenue drop, employee cost increase, and market share loss. Tejas Networks reported its third straight quarterly loss, with a net loss of ₹307 crore and an 8.5% stock fall at ₹539.85.