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Can Oswal Agro Mills (NSE: OSWALAGRO) Hold Above INR 37.50 After 12% Jump?

Can Oswal Agro Mills (NSE: OSWALAGRO) Hold Above INR 37.50 After 12% Jump?

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Highlights

  • Oswal Agro Mills shares climbed 11.95% during Wednesday’s trading session.
  • December quarter consolidated net profit stood at INR 435.66 lakh.
  • Investors tracked the stock after a rebound from recent lows.

Oswal Agro Mills Limited (NSE: OSWALAGRO) moved higher on 1 April 2026, with the stock trading near INR 37.94, up 11.95% from its previous close of INR 33.89. The stock opened at INR 36.45 and touched an intraday high of INR 38.94, while the day’s low stood at INR 36.44. VWAP for the session was recorded at INR 37.90.

The latest move placed the stock among the session’s top gainers after a rebound from recent lows near INR 34.00. Even so, Oswal Agro Mills continues to trade below its 50-day Simple Moving Average, indicating that the broader structure remains weak.

Fundamental View: December Quarter Profit Remains in Focus

For the quarter ended 31 December 2025, Oswal Agro Mills reported consolidated total income of INR 467.87 lakh. Profit before tax stood at INR 22.73 lakh, while net profit came in at INR 435.66 lakh. Earnings per share for the quarter was reported at INR 0.32.

The latest financial performance indicates that the company remained profitable during the quarter despite the recent decline in the share price. Investors appear to have revisited the stock after the latest rebound, although the broader earnings outlook remains limited.

Technical View: Stock Attempts to Stabilise After Prolonged Weakness

Oswal Agro Mills is trading near INR 37.93 and continues to remain below its 50-day Simple Moving Average near INR 46.85, indicating that the broader structure still reflects a corrective phase. The stock recently slipped toward INR 34.00 before witnessing a sharp intraday bounce.

Although the latest session indicates some stabilisation from lower levels, the stock has yet to reclaim the earlier breakdown zone near INR 40.00–44.00. The overall trend continues to show lower highs and lower lows, even as the pace of the decline has eased.

Momentum Indicator Shows Early Improvement

The 14-day RSI has moved up to around 38.43 after remaining near oversold territory in recent sessions. This suggests that downside pressure has moderated, though momentum remains below the neutral 50.00 level.

Key Technical Levels

At INR 37.93, immediate support is seen near INR 34.00, followed by stronger downside support around INR 32.00. On the upside, resistance is placed near INR 40.00–44.00.

A sustained move above INR 40.00 may indicate further recovery from recent lows, while failure to hold above INR 34.00 may keep the stock under pressure.

Source: TradingView

Key Risks

  • Failure to hold above INR 34.00 may weaken the rebound.
  • Resistance near INR 40.00–44.00 could restrict recovery.
  • Volatility remains elevated after recent sharp price swings.
  • Weak broader trend may continue below the 50-day average.

Summary

Oswal Agro Mills shares rose 11.95% to around INR 37.94 after rebounding from recent lows near INR 34.00. December quarter net profit stood at INR 435.66 lakh, while the stock remains below its 50-day moving average near INR 46.85. RSI has improved from weaker levels, though investors are likely to monitor whether the stock can hold above INR 34.00 and move toward INR 40.00.

FAQs

  1. Why did Oswal Agro Mills share rise nearly 12% today?
    The stock rebounded from recent lows and attracted renewed trading interest.
  2. What was Oswal Agro Mills’ December quarter net profit?
    The company reported consolidated net profit of INR 435.66 lakh.
  3. Which levels are important for Oswal Agro Mills shares now?
    Support is near INR 34.00–32.00, while resistance stands near INR 40.00–44.00.

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