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Mint

Adani Wilmar share are down by -1.74%, Nifty up by 0.53%

Adani Wilmar Share Price Today on 19-09-2024: On the last trading day, Adani Wilmar opened at ₹355.3 and closed at ₹347.4. The stock reached a high of ₹357.75 and a low of ₹347.3 during the session.

Mint

Stocks to Watch: Reliance Infra, JK Tyre, Vedanta, Adani Wilmar, Poly Medicure, and more

Here?s a quick look at stocks likely to be in focus in today's trade.

Business Standard

Stocks To Watch: M&M, LIC, Adani Wilmar, Trent, Vedanta

Stocks To Watch: Adani Enterprises and Wilmar International plan to sell a 13 per cent stake in their listed consumer joint venture, Adani Wilmar, to meet Indian shareholding norms.

CNBC TV18

Adani, Wilmar to start stake sale in joint venture next month

Adani Wilmar’s stock climbed 2.1% on the news, and closed 1.4% higher on Monday. The shares have advanced 3% this year, giving the company a market value of $5.7 billion. The broader gauge S&P BSE Sensex has risen almost 15%.

The Economic Times

Adani, Wilmar to start stake sale in joint venture next month

Adani Enterprises and Wilmar International plan to sell a 13% stake in their joint venture, Adani Wilmar, to comply with Indian shareholding regulations. The sale could be completed in one or two tranches by February. Adani Wilmar's stock rose on the news.

Business Standard

Adani, Wilmar likely to start stake sale in joint venture from October

The majority owners of Adani Wilmar are planning to sell a roughly 13 per cent interest in the company - valued at about $736 million

The Economic Times

Adani, Wilmar to start stake sale in joint venture next month

Adani Enterprises Ltd. and Wilmar International Ltd. plan to sell a 13% stake in their joint venture Adani Wilmar Ltd. to comply with Indian securities laws. The sale, valued at $735 million, aims to reduce their combined shareholding from 88% to 75% by February.

Hindustan Times

Adani, Wilmar to start stake sale in joint venture next month: Report

Adani Enterprises and Wilmar International plan to sell a 13% stake in Adani Wilmar to comply with shareholding regulations.

Business Standard

Adani Wilmar eyes FMCG expansion, sets aside $1 billion for 3 acquisitions

Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles

Mint

Adani Wilmar is out shopping for three food companies with a billion-dollar wallet

Adani Wilmar is in talks to buy three food companies, as part of its most aggressive capex plan yet. It also marks a change in plans at the Adani group that had considered selling its Adani Wilmar stake as recently as last year.

Mint

Adani Wilmar Share Price Highlights : Adani Wilmar closed today at ₹363.6, down -0.89% from yesterday's ₹366.85

Adani Wilmar Share Price Highlights : Adani Wilmar stock price went down today, 29 Aug 2024, by -0.89 %. The stock closed at 366.85 per share. The stock is currently trading at 363.6 per share. Investors should monitor Adani Wilmar stock price closely in the coming days and weeks to see how it reacts to the news.

Mint

Stocks to buy: Adani Wilmar to Devyani International—SMC Global Securities lists four stocks to bet on this week

Stocks to buy: Domestic brokerage SMC Global Securities has recommended four stocks to buy this week based upon the fundamental and technical analysis in the current market scenario

The Economic Times

Top FMCG brands bet big on functional food market

Major food companies including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech are now prioritizing functional foods tailored for health-conscious consumers. These products, ranging from low cholesterol ghee to low glycemic index foods, are sold at steep premiums. Limited supply and technology costs contribute to the higher prices.

Business Line

Adani hopes for higher valuation in next attempt to divest Adani Wilmar stake

This time, it is hoping to get the valuation in the region of $4 billion that it was seeking earlier

Hindustan Times

Adani Group, Wilmar exploring to sell $670 million stake in JV: Report

Adani and Wilmar in talks to sell minority stake in Adani Wilmar Ltd to comply with shareholding regulations

Business Standard

Adani Wilmar to buy 67% stake in Omkar Chemicals, aims to expand footprint

AWL expects to close the deal in three to four months and it doesn't need government or regulatory approvals, it said in its filing

Business Standard

FMCG makers expect single-digit revenue growth, margin improvements in Q1

Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico and Adani Wilmar in their latest quarterly updates have reported a "gradual improvement" in demand trends in the April-June quarter, which was on the expected lines. Home-grown FMCG maker Dabur expects to register mid to high single-digit growth in its consolidated revenue, supported by mid-single-digit volume growth in the domestic market. Marico said its consolidated revenue grew in high single digits in the June quarter, while the domestic business posted a "modest uptick in underlying volume growth" on a sequential basis. Adani Wilmar, which sells edible oils and has some play in the food products under Fortune brands, has also reported an overall 13 per cent volume growth in the June quarter. Its food and FMCG business volum