India's Awfis Space Solutions surges after quarterly profit jump

Awfis Space Solutions

12/08/2025 06:40

** Shares of Awfis Space Solutions Ltd AWFI.NS up 7% at 598 rupees

** Stock set for best day in 2025, if gains hold

** AWFI's Q1 profit jumped 3.6x to 99.8 million rupees ($1.1 million), helped by strong demand for its flexible workspace solutions

** Stock rose as much as 11.7% earlier in the session

** About 3 mln shares traded in stock's busiest session in nearly a year, 12.4x the 30-day avg volume

** All three analysts tracking stock rate it "strong buy" on average; median PT is 891 rupees - data compiled by LSEG

** Stock down ~18% YTD

($1 = 87.6187 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))