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Adani Wilmar stock falls 26% from record high: Time to buy, sell or hold?

Shares of Adani Wilmar were trading higher for the second consecutive session today amid a weak broader market. The Adani Group stock, which has majorly traded above Rs 600 level since mid-May, gained up to 4.59 per cent to Rs 649.45 in early trade today. Shares of Adani Wilmar closed 4.93 per cent higher at Rs 620.90 in the previous session on BSE. The stock, which ended at Rs 591.75 on June 13, has climbed 9.75 per cent or Rs 57.7 in the next two sessions. However, the large cap stock has lost 26 per cent compared to the record high of Rs 878.35 on April 28, 2022.

Adani Wilmar stock hits upper circuit, rises after five days

Shares of Adani Wilmar hit upper circuit of 5 per cent in a volatile trading session today. Adani Wilmar stock rose 5 per cent to an intraday high of Rs 621.3 against the previous close of Rs 591.75 on BSE. The Adani Group stock has gained after five days of consecutive falls. The stock also touched an intraday low of Rs 576.55, down 2.57 per cent on BSE.

Adani Wilmar stock down 25% from record high, will it slip below Rs 600?

Shares of Adani Wilmar were trading 25 per cent lower compared to the record high in the afternoon session today. The share hit a high of Rs 878.35 on April 28, 2022. Considering the current market price, the stock has lost over 25 per cent till date. Adani Wilmar stock fell 1.12 per cent to Rs 655 on BSE today. The stock of the Adani Group firm has been losing for the last two sessions.

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