AWL Agri Shares Plummet 4% Amidst Block Trades Amidst Steep Decline
AI Summary1 min read
TL;DR
AWL Agri shares dropped 4% to their lowest since October 28 due to block trades and a recent 21% profit decline, with Adani Group selling its remaining stake.
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AWL Agristock declineblock tradesAdani Groupprofit drop
AWL Agri shares fell 4% after 32.2 million shares traded in multiple blocks in opening deals. The company's stock fell to its lowest since October 28, with a total market capitalization of ₹34,551.96 crore. Adani Group sold its remaining 7% stake in AWL Agri last week, and the edible oil major reported a 21% decline in consolidated net profit to ₹244.85 crore in the September quarter.
