Latest news with #AWLAgriBusinessLtd
Business Standard
13 hours ago
- Business
- Business Standard
Volumes soar at AWL Agri Business Ltd counter
AWL Agri Business Ltd clocked volume of 1359.72 lakh shares by 10:46 IST on BSE, a 229.24 times surge over two-week average daily volume of 5.93 lakh shares Inventurus Knowledge Solutions Ltd, Nuvoco Vistas Corporation Ltd, Afcons Infrastructure Ltd, Clean Science & Technology Ltd are among the other stocks to see a surge in volumes on BSE today, 18 July 2025. AWL Agri Business Ltd clocked volume of 1359.72 lakh shares by 10:46 IST on BSE, a 229.24 times surge over two-week average daily volume of 5.93 lakh shares. The stock lost 0.34% to Rs.277.30. Volumes stood at 40.98 lakh shares in the last session. Inventurus Knowledge Solutions Ltd notched up volume of 3.09 lakh shares by 10:46 IST on BSE, a 44.55 fold spurt over two-week average daily volume of 6946 shares. The stock slipped 0.33% to Rs.1,607.35. Volumes stood at 2998 shares in the last session. Nuvoco Vistas Corporation Ltd saw volume of 3.1 lakh shares by 10:46 IST on BSE, a 16.87 fold spurt over two-week average daily volume of 18344 shares. The stock increased 3.62% to Rs.396.50. Volumes stood at 27024 shares in the last session. Afcons Infrastructure Ltd clocked volume of 3.6 lakh shares by 10:46 IST on BSE, a 11.32 times surge over two-week average daily volume of 31844 shares. The stock gained 1.52% to Rs.422.90. Volumes stood at 50266 shares in the last session. Clean Science & Technology Ltd registered volume of 31522 shares by 10:46 IST on BSE, a 8.19 fold spurt over two-week average daily volume of 3847 shares. The stock slipped 7.61% to Rs.1,335.90. Volumes stood at 2997 shares in the last session.
Mint
a day ago
- Business
- Mint
AWL share price jumps over 8% on record Q1 revenue; should you buy, sell or hold?
AWL share price soared more than 8% during Thursday's trading session, following the company's announcement of its highest quarterly revenue to date for the June '25 quarter, indicating strong underlying momentum in key areas despite a year-on-year drop in net profit. This surge follows a robust 21% year-on-year revenue increase for Q1FY26, which amounted to ₹ 17,059 crore, representing the company's best-ever performance for the first quarter. The revenue growth was propelled by increased realisations in the edible oil sector, which contributed ₹ 13,415 crore, reflecting a 26% year-on-year rise. AWL Agri Business Ltd has announced a 24% decrease in consolidated net profit to ₹ 237.95 crore for the first quarter of this fiscal year, attributed to increased expenses. The net profit was recorded at ₹ 313.20 crore during the same period last year. Total expenses rose to ₹ 16,954.14 crore, up from ₹ 13,789.67 crore. For the April-June quarter, revenue from edible oil increased by 26% year-on-year (YoY) to ₹ 13,415 crore, despite a 4% annual decline in volumes. In the first quarter, the food and FMCG sector reported revenue of ₹ 1,414 crore, reflecting an 8% YoY decline, impacted by several temporary challenges, as stated by the company. The revenue from industry essentials grew to ₹ 2,229.88 crore, compared to ₹ 1,986.26 crore previously. The company experienced a temporary drop in volume, mainly due to the integration of its regional rice operations and subdued consumer demand. However, it is noteworthy that the core categories achieved robust volume growth, with revenue increasing by 21% YoY, supported by higher realizations in edible oil, according to Angshu Mallick, MD & CEO of AWL Agri Business Ltd. In the 2024-25 fiscal year, AWL Agri Business Ltd, formerly known as Adani Wilmar Ltd, reported a net profit of ₹ 1,225.81 crore alongside a total income of ₹ 63,910.28 crore. Last December, the Adani Group revealed its decision to withdraw from Adani Wilmar Ltd, a joint venture with the Singapore-based Wilmar Group. Brokerage house, Nuvama Institutional Equities, indicated that due to a poor performance in Q1, they are lowering their FY26E/27E EBITDA forecasts by 6.8% and 5.3%, respectively. Updating their projections to FY27, the brokerage has calculated a sum-of-the-parts (SotP) target price of ₹ 397, down from the previous ₹ 401; they continue to recommend a 'BUY'.
Business Standard
a day ago
- Business
- Business Standard
Volumes spurt at Sona BLW Precision Forgings Ltd counter
Sona BLW Precision Forgings Ltd recorded volume of 26.91 lakh shares by 10:46 IST on BSE, a 18.53 times surge over two-week average daily volume of 1.45 lakh shares AWL Agri Business Ltd, Kalpataru Projects International Ltd, Thermax Ltd, Chalet Hotels Ltd are among the other stocks to see a surge in volumes on BSE today, 17 July 2025. Sona BLW Precision Forgings Ltd recorded volume of 26.91 lakh shares by 10:46 IST on BSE, a 18.53 times surge over two-week average daily volume of 1.45 lakh shares. The stock gained 3.32% to Rs.470.30. Volumes stood at 78704 shares in the last session. AWL Agri Business Ltd witnessed volume of 16.22 lakh shares by 10:46 IST on BSE, a 11.52 times surge over two-week average daily volume of 1.41 lakh shares. The stock increased 5.72% to Rs.277.35. Volumes stood at 2.74 lakh shares in the last session. Kalpataru Projects International Ltd saw volume of 47026 shares by 10:46 IST on BSE, a 11 fold spurt over two-week average daily volume of 4273 shares. The stock increased 0.47% to Rs.1,202.95. Volumes stood at 5751 shares in the last session. Thermax Ltd clocked volume of 39848 shares by 10:46 IST on BSE, a 7.46 times surge over two-week average daily volume of 5340 shares. The stock gained 5.78% to Rs.3,858.05. Volumes stood at 26589 shares in the last session. Chalet Hotels Ltd clocked volume of 15970 shares by 10:46 IST on BSE, a 5.23 times surge over two-week average daily volume of 3056 shares. The stock gained 3.28% to Rs.920.00. Volumes stood at 1986 shares in the last session.
Mint
3 days ago
- Business
- Mint
Cooling edible oil prices, good monsoon stoke AWL's optimism for strong demand
New Delhi: AWL Agri Business Ltd (AWL), which sells edible oils, flour and food, expects a significant rise in demand, particularly ahead of the festive season, spurred by a recent cooling in edible oil prices and strong monsoon showers that are key to the rural economy. This price decline is a direct result of the government's decision to lower duties on crude edible oil imports. Angshu Mallick, managing director and chief executive officer (CEO), AWL Agri Business, said in an interview with Mint that the company has fully passed on these price reductions on edible oils to consumers, and is expecting a pickup in demand July onwards. In the April-June quarter, the maker of Fortune edible oil reported a 5% year-on-year decline in overall volumes, even as the company posted a 21% rise in revenue, reaching ₹ 17,059 crore. The volume dip in the June quarter was largely attributed to edible oil and food. To be sure, the entire industry experienced a volume contraction in the edible oils category. Mallick emphasized that the government's decision to slash import duties on crude edible oils on 31 May led to delayed purchases, as buyers awaited price stabilization, hurting overall consumption. 'Due to the import duty cut on 31st of May, the entire trade was waiting, and they wanted to understand the impact of the duty cut, how the prices would be. So, everybody delayed their purchases. As a result, we had an impact due to that,' he said. Additionally, out-of-home consumption and B2B segments—purchases by other packaged food companies—remained subdued, reflecting a broader slowdown in consumer demand for categories like frying chips and snacks. Effective 31 May, the basic customs duty on crude soybean oil, crude palm oil and crude sunflower oil was halved to 10%. This change came after over eight months of higher import taxes on these oils. The effective import duty on these three products, which includes basic customs duty and additional fees, now stands at 16.5%, down from the previous 27.5%. 'Price (of edible oil) has come down between 1st April and now by almost 6 to 7%. Palm oil has come down by 14%. Palm (oil) was always costly and because of that the entire out-of-home consumption was also subdued. I am sure July onwards, we will see better consumption story,' he said. During the quarter, the food segment's performance was significantly impacted by the consolidation of the non-basmati rice business, where the company reduced its geographical footprint to just a few key states, which contributed to lower volumes in this category. The company also sells pulses and besan (gram flour), soya nuggets, sugar and poha (rice flakes). Revenue from the food and FMCG segment declined 8% year-on-year during the quarter to ₹ 1,414 crore due to multiple headwinds. However, excluding the G2G rice business, revenue from the segment increased by 4% year-on-year. G2G refers to rice traded under government-to-government agreements, often to meet food security requirements. The G2G business, involving rice sales to government-appointed export agencies, generated ₹ 316 crore in FY25, but was largely discontinued after Q3FY25, the company said in its June quarter earnings. In the wheat flour category, volumes were affected by soft consumer demand, higher brand premiums and increased local competition. With further planned initiatives, the company anticipates volume growth will continue to exceed industry rates, as stated in its earnings statement. Looking ahead, Mallick pointed to a rebound during the upcoming festive season. 'Festivals are around the corner—they are early this year. Demand will pick up; along with a good monsoon. Overall, it looks like urban and rural demand will be very robust till December. Prices are stable and these prices are very affordable,' he added.
News18
07-06-2025
- Lifestyle
- News18
World Poha Day: What You Didn't Know About Poha's Role in Indian Matchmaking
Last Updated: In many North and Central Indian households, the first meeting between a prospective bride and groom, typically with their families often features poha In the complex and colourful world of Indian matchmaking, much has been said about horoscopes, family background, and social compatibility. But one unlikely hero has quietly played a starring role in many matrimonial meetings across the country: Poha. Yes, the humble, fluffy, turmeric-tinged dish of flattened rice is not just a staple breakfast—it's a cultural signal, a conversation starter, and, believe it or not, an unofficial screening tool in Indian arranged marriages. And as matchmakers and modern families alike embrace tradition with a twist, the beloved dish of Fortune Poha continues to be at the center of it all, symbolizing comfort, familiarity, and good taste. Nutritionist Sonia Shah, Fortune Foods, AWL Agri Business Ltd shares all you need to know: A great ice-breaker In many North and Central Indian households, the first meeting between a prospective bride and groom – typically with their families – often features poha, which is commonly served as the welcome snack. Light yet filling, simple yet flavourful, it helps create a relaxed, homey atmosphere. It's a non-controversial, vegetarian, and easy-to-eat dish that does not create a mess. But more than just a dish, poha is a litmus test for the prospective couple – can the bride prepare the dish? Does the groom appreciate traditional food? While it might seem quaint to some, in numerous households, the preparation and presentation of poha is still seen as a sign of domestic capability, hospitality, and cultural alignment. In fact, the concept of this 'poha test' has become a popular tongue-in-cheek phrase in many households. It refers to the notion that making good poha reflects not just culinary skill, but also care, balance, and an understanding of tradition. It's not uncommon for older generations to joke that a perfectly made plate of poha could quietly sway opinions during a rishta meeting. This unspoken role of poha in matchmaking highlights how food, even a dish as humble as flattened rice, can become a potent cultural symbol — representing home, harmony, and the start of something new. Why poha? So why poha and not, say, samosas or sweets? The answer lies in the flattened rice dish's simplicity. Poha is light on the stomach, which is ideal for nerve-wracking first-meetings. It's quick to prepare, yet offers ample room for creativity — add peanuts for crunch, pomegranate for a splash of colour, or a squeeze of lime for that tangy brightness. What's more, the dish is universally loved across states, making it a safe choice regardless of the guest's specific preferences. This inherent appeal can be further enhanced by the quality of the poha itself. When prepared with Fortune Poha, the experience is even more elevated. Made from premium quality rice, Fortune Poha consistently delivers fluffy texture and absorbs flavours without turning soggy. Its clean, sorted grains cook evenly and lend themselves perfectly to both classic and contemporary recipes. For families hoping to make a lasting positive impression during such meetings, Fortune Poha offers an element of reliability. Whether it's the groom's mother preparing it for her guests or the prospective bride showcasing her culinary skills, Fortune Poha ensures the dish lives up to the moment. Modern twist to an age-old custom While the tradition of serving poha during matchmaking may have its roots in older customs, modern couples are reinterpreting it with contemporary flair. Some serve poha bowls with fusion toppings, others present it as poha bruschetta or mini poha cups as part of a high-tea spread. And yet, the sentiment that poha is comfort, authentic and home endures at its core. Even in today's fast-paced dating-app era, many Indian families continue to follow the 'girl-seeing' or 'rishta' meeting format. More often than not, a plate of warm, fragrant poha still sits quietly at the centre of the table, a humble witness to the beginning of countless new love stories. So, the next time you serve or eat poha, remember it might just be doing more than filling your stomach — it could be sealing a match! The News18 Lifestyle section brings you the latest on health, fashion, travel, food, and culture — with wellness tips, celebrity style, travel inspiration, and recipes. Also Download the News18 App to stay updated! tags : latest news lifestyle news18 poha Poha breakfast poha recipe Location : New Delhi, India, India First Published: June 07, 2025, 22:38 IST News lifestyle » food World Poha Day: What You Didn't Know About Poha's Role in Indian Matchmaking
