The purchase comes after the stock rallied as much as 105% in the last six months. IFB Agro Industries is involved in the business of manufacturing alcohol, bottling of branded alcoholic beverages, processed marine foods for domestic and export markets and sale of feed.
IFB Agro Q2 snapshot
IFB Agro reported a strong rebound in Q2FY26, with consolidated profit after tax (PAT) rising sharply to Rs 22.70 crore, compared with Rs 2.09 crore in the year-ago quarter and Rs 17.18 crore in Q1FY26. Revenue for the quarter grew 38.9% year-on-year to Rs 532.88 crore from Rs 384.32 crore.For the first half of FY26 (April–September), the company posted nearly a 300% jump in PAT to Rs 39.88 crore, up from Rs 10.43 crore in H1FY25. Revenue during the period rose 24.1% year-on-year to Rs 948.61 crore.
Dolly Khanna turns bearish in Q3
The veteran market investor pared her stake in GHCL during the December quarter, trimming her holding to 1.1% from 1.2% in the previous quarter. The company is a leading manufacturer of soda ash (for detergents, glass, batteries) and sodium bicarbonate.
She has reduced her stake in Emkay Global Financial Services to 2.3% in the December quarter, down from 2.7% earlier. In Prakash Industries, Dolly Khanna cut her holding to 2.6% during the December quarter from 3.0% in the September quarter.Dolly Khanna lowered her stake in Som Distilleries to 2.1% in the December quarter, compared with 2.5% in the previous quarter. The investor also pared her holding in Coffee Day Enterprises, reducing her stake to 1.7% in the December quarter from 2.2% earlier.
Khanna also appears to have exited Prakash Pipes, either through a complete sale or by bringing his holding below the 1% disclosure threshold. It is engaged in manufacturing PVC pipes and fittings used in agriculture, housing and sanitation. The company has also diversified into flexible packaging, producing laminates and barrier films for food, pharmaceutical and FMCG applications, catering to both domestic and overseas markets.
With shareholding disclosures still being released, further portfolio changes cannot be ruled out.
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