Opening Price Surge and Intraday Movement
On 3 Feb 2026, Avanti Feeds Ltd. opened sharply higher, registering a gain of 16.32% compared to its previous close. This gap up opening was a clear indication of overnight catalysts influencing market participants. The stock reached an intraday high of ₹960.8, marking a 20% increase from the prior session’s close. Despite this strong surge, the stock marginally underperformed the broader Aquaculture sector, which gained 16.46% on the same day.
The stock’s opening price was just 4.1% shy of its 52-week high of ₹965, underscoring its proximity to peak valuations within the past year. This proximity to the 52-week high often acts as a psychological resistance level, which the stock approached but did not surpass during the session.
Recent Performance and Trend Analysis
Avanti Feeds has demonstrated a positive trajectory over recent sessions, with two consecutive days of gains culminating in an 18.89% return over this period. The one-day performance of 13.89% significantly outpaced the Sensex’s 2.51% gain, while the one-month return of 3.63% also outperformed the Sensex’s decline of 2.39%. This relative strength highlights the stock’s resilience amid broader market fluctuations.
Technically, the stock is trading above all key moving averages — 5-day, 20-day, 50-day, 100-day, and 200-day — indicating a strong upward momentum across multiple timeframes. The daily moving averages suggest a mildly bullish trend, supported by weekly and monthly Bollinger Bands which are signalling bullish conditions. However, some technical indicators such as the MACD on weekly and monthly charts remain mildly bearish, reflecting a nuanced momentum picture.
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Sector Context and Beta Considerations
The Aquaculture sector, to which Avanti Feeds belongs, recorded a robust gain of 16.46% on the day, reflecting strong sectoral momentum. Avanti Feeds’ performance, while slightly trailing the sector by 0.53%, remains closely aligned with the broader industry trend. This correlation suggests that the stock’s movement is influenced by sector-wide developments as well as company-specific factors.
Avanti Feeds is classified as a high beta stock with an adjusted beta of 1.21 relative to the MIDCAP index. This elevated beta indicates that the stock typically experiences larger price swings compared to the broader market, which is consistent with the pronounced gap up and intraday volatility observed. High beta stocks often react more sensitively to market news and sector developments, which may explain the sharp price movement at the open.
Mojo Score and Rating Upgrade
MarketsMOJO assigns Avanti Feeds a Mojo Score of 71.0, categorising it with a Buy grade as of 22 Dec 2025, an upgrade from its previous Hold rating. This improvement in rating reflects enhanced confidence in the company’s fundamentals and market positioning. The stock’s market capitalisation grade stands at 3, indicating a mid-tier market cap classification within its sector.
The rating upgrade and positive score align with the recent price action, suggesting that the market is recognising improved prospects for Avanti Feeds within the FMCG sector.
Technical Indicators and Momentum Signals
Examining technical momentum, the weekly KST (Know Sure Thing) indicator is bullish, while the monthly KST remains mildly bearish, indicating some divergence in momentum across timeframes. The weekly On-Balance Volume (OBV) is mildly bullish, signalling that volume trends support the recent price gains. Conversely, Dow Theory assessments show a mildly bearish weekly outlook and no clear monthly trend, reflecting some caution among longer-term technical signals.
The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no definitive signal, suggesting the stock is neither overbought nor oversold at these intervals. This neutral RSI reading may imply room for further price movement without immediate risk of reversal due to overextension.
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Gap Fill Potential and Sustained Momentum
The significant gap up opening at 16.32% suggests strong overnight buying interest, likely driven by positive news or sectoral tailwinds. The stock’s ability to maintain gains and reach an intraday high of ₹960.8 indicates sustained momentum rather than an immediate gap fill. However, the slight underperformance relative to the sector and the proximity to the 52-week high may introduce some resistance, potentially limiting further upside in the short term.
Given the stock’s high beta nature, volatility is expected to remain elevated, which could lead to price retracements or consolidation phases following such sharp moves. The technical indicators present a mixed picture, with bullish signals on shorter timeframes balanced by cautionary signs on longer-term charts. This suggests that while the current momentum is positive, investors may observe some price fluctuations as the market digests recent gains.
Summary of Key Metrics
To summarise, Avanti Feeds Ltd. opened with a 16.32% gap up on 3 Feb 2026, touching an intraday high of ₹960.8, just 4.1% below its 52-week peak. The stock has gained 18.89% over the last two days and outperformed the Sensex over one day and one month periods. It trades above all major moving averages and holds a Mojo Score of 71.0 with a Buy rating, upgraded from Hold in December 2025. The Aquaculture sector’s strong performance and the stock’s high beta of 1.21 have contributed to the pronounced price movement. Technical indicators present a cautiously optimistic outlook, with mixed signals across different timeframes.
Conclusion
Avanti Feeds Ltd.’s strong gap up opening and sustained intraday momentum on 3 Feb 2026 reflect positive market sentiment and sectoral strength. While the stock remains near its 52-week high and shows some technical caution, the overall trend remains upward with notable outperformance relative to the broader market. The high beta characteristic suggests continued volatility, which market participants should monitor closely in the coming sessions.
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