Stock Crash: Three stocks that are down up to 14% in a strong market after Q2 results
Published on 20/10/2025 10:00 AM
Stock Crash: Three stocks that are down up to 14% in a strong market after Q2 resultsWhile Avantel's margins halved, Tejas Networks reported a net loss for the quarter, in comparison to a net profit during the same quarter last year.By Hormaz Fatakia October 20, 2025, 10:00:01 AM IST (Updated)2 Min ReadChoose CNBC TV18 on Google
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Three stocks, Avantel, UTI AMC, and Tejas Networks fell up to 14% on Monday, October 20, in response to their quarterly results, that were reported after market hours on Friday and over the weekend.
Here's a look at how these companies fared:
Avantel
Shares of Avantel are down over 13% on Monday after it reported a 30% decline in its overall consolidated sales for the September quarter compared to the same quarter last year.
The company's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) declined by 63% from last year, while margins more than halved to 23.7% from 45.7% last year.
The stock is currently the top loser on the BSE Smallcap index.
UTI AMC
The stock is currently witnessing its biggest single-day fall since its listing back in 2020, in response to its results.
The company's revenue declined by 23.5% from the previous quarter, which was broadly in-line with expectations. Employee costs rose due to one-off items, which impacted the company's margins.
UTI AMC also reported a market share loss across all key segments.
The stock is down 10% but has gained over 100% from its IPO price of ₹554.
Tejas Networks
The Tata Group company reported its third straight quarterly loss, leading to a drag on the stock.
The net loss of ₹307 crore was primarily due to lower revenue and provisions due to manufacturing process losses, warranty and inventory obsolescence.
There was also a delay in the receipt of 4G add on purchase order of ₹1,526 crore for the shipment of 18,000 sites.
The stock currently trades with losses of over 8.5% at ₹539.85.Continue ReadingFirst Published: Oct 20, 2025 9:51 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsQ2 resultsshare market todayTejas NetworksUTI AMC