Adani Wilmar stock is trading 53% lower to the 52-week high of Rs 841.90 hit on September 23, 2022. Adani Wilmar shares have lost 6.37% since the firm announced Q4 earnings on May 3
Shares of Adani Wilmar and Patanjali Foods (formerly called Ruchi Soya) have risen up to 29 per cent in a month as sentiment is upbeat due to the upcoming festive season. The shares of edible oil and packaged food products firms might further rally on bourses in the near future amid expectations of rising demand for their products. Adani Wilmar vs Patanjali Foods shares: Both Adani Wilmar and Patanjali Foods have been among the top picks of investors since they have given multibagger returns after their market debut/relisting.
Shares of Adani Wilmar fell for the second consecutive session today after rating agency CreditSights raised several concerns with regard to the conglomerate's business. Adani Wilmar stock lost 3.86 per cent intraday to Rs 663 today against the previous close of Rs 689.60 on BSE. Adani Wilmar shares closed 4.73 per cent lower on Tuesday against the previous close of Rs 723.85.