Adani Wilmar stock climbed over 2.55% to Rs 418.75 against the previous close of Rs 409.55 on BSE. The stock has been gaining for the last two sessions.
In edible oil, the company said the segment s branded sales volume grew by 4 per cent during the quarter, on the back of good consumer demand due to softened edible oil prices.
Adani Wilmar share price today: Adani Wilmar stock slipped up to 2.26 per cent to Rs 667.05 in the afternoon session today amid highly volatile broader market.
Shares of Adani Wilmar plunged nearly 3 per cent in afternoon session today after the Adani Group firm reported a 73 percent fall in net profit for the quarter ended September. Net profit slipped to Rs 49 crore against Rs 182 crore profit in the second quarter of the previous fiscal. However, revenue rose 5% to Rs 14,209 crore in Q2 against Rs 13,584 crore in the September quarter of the previous fiscal.
Shares of Adani Wilmar gained nearly 8% today amid a rally in the broader market in line with positive global cues. Adani Wilmar stock climbed 7.71 per cent to Rs 724 against the previous close of Rs 672.15 on BSE. The stock has gained for the second consecutive session. A total of 3.87 lakh shares of the firm changed hands amounting to a turnover of Rs 27.27 crore on BSE. Market cap of the firm rose to Rs 93,121 crore on BSE. Later, the stock closed at Rs 672.15. The share hit a high of Rs 878.35 on April 28, 2022.