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Adani Wilmar shares Q3 update; consolidated profit may fall 80%, retain Buy , says Nuvama

Adani Wilmar: Nuvama called the Q3 update a mixed performance and expects Adani Wilmar to log a 13 per cent fall in consolidated revenue, 56 per cent drop in consolidated Ebitda and 80 per cent YoY plunge in consolidated profit.

Adani-Hindenburg Case: Supreme Court Upholds SEBI s Investigation, Grants Relief to Adani Group

Adani-Hindenburg Case Latest News: In a landmark decision, the Supreme Court of India has upheld the Securities and Exchange Board of India's (SEBI) investigation into the allegations made by Hindenburg Research against the Adani Group. A three-judge bench, comprising Chief Justice DY Chandrachud, Justice JB Pardiwala, and Justice Manoj Mishra, delivered the verdict, refusing to interfere with SEBI's ongoing probe.

Adani Wilmar shares hit 10% upper price band; key levels to watch

Adani Wilmar share price: The stock jumped 10 per cent to hit its upper circuit of Rs 348.55. Although, the scrip has fallen 42.30 per cent in 2023 so far and 22.16 per cent in the last six months.

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