India's AWL Agri Business gains on upbeat quarterly update
BUZZ-India's AWL Agri Business gains on upbeat quarterly update ** Food and fast-moving consumer goods company AWL Agri Business AWLA.NS shares rise as much as 3.89%, biggest intraday rise in over five weeks, to 183 rupees apiece
** Rise after AWLA says it delivered 12% year-on-year volume growth and 24% Y/Y revenue growth in the September quarter
** AWLA says revenue growth in Q2 aided by strong momentum in the food and FMCG portfolio and industry essentials, while edible oil business delivered steady volume growth
** Food and FMCG segment is likely to deliver a 33% Y/Y revenue growth, with the segment crossing 20 billion indian rupees ($207.54 million) of quarterly revenue for first time ever, AWLA projects
** AWLA shares down 23.3% in 2026 so far, according to exchange data
($1 = 96.3675 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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