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For the three months that ended in September 2022, the Adani Group company recorded a 73% decrease in net profit. In comparison to the second quarter of the last fiscal, net profit decreased to Rs 49 crore from Rs 182 crore. Nevertheless, sales increased by 5% to Rs 14,209 crore in Q2 from Rs 13,584 crore in the September quarter of the prior fiscal year.
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Search here ... Bene몭ted From The 2022 Adani Wilmar Stock Rally? The Goal Of Rs 1,000 Is Still Attainable Home - Markets - Bene몭ted From The 2022 Adani Wilmar Stock Rally? The Goal Of Rs 1,000 Is Still Attainable Markets December 23, 2022
The current share price of Adani Wilmar: On February 8, 2022, the shares of Adani Wilmar were listed at a 3.91% discount to their issue price, or Rs 221. Since then, investors have received returns of 150.67%. Since becoming public, the value of Adani Wilmar’s shares has more than quadrupled, beating its sectoral competitors and benchmark indexes in 2022. On February 8, 2022, the shares of Adani Wilmar were listed at a 3.91% discount to their issue price, or Rs 221. Since that time, investors have received returns of 150.67%. On the BSE Thursday (December 22, 2022), the stock traded for Rs 554. The Adani Wilmar stock is now trading 37% below its all-time high of Rs. 878.35 set on April 28, 2022. The short-term tendency is similarly downhill. The stock has dropped 13.53% in one week. For the past seven sessions, shares of Adani Wilmar have been declining. The stock decreased 6.35% intraday to Rs 550.5 on BSE in the current session as well. The price of Adani Wilmar stock is below the moving averages of 몭ve, twenty, 몭fty, one hundred, and two hundred days. The Adani Group company’s market value on the BSE decreased to Rs 71,943 crore. 2.82 lakh shares of the company were traded in all, resulting in a BSE turnover of Rs 15.95 crore. The Relative Strength Index (RSI) for the Adani Wilmar stock is 27.4. Stocks are oversold when the value falls below 30 and overbought when the value rises beyond 70. As a result, the stock has an RSI oversold rating. The price-to-equity ratio for the company’s shares is 94.56. The stock is overpriced as a result of this indication. Since the Q2 earnings were released on November 3 of this year, shares of Adani Wilmar have decreased by 21%. On November 2, the stock reached a close of Rs 698.45. Ending off
For the three months that ended in September 2022, the Adani Group company recorded a 73% decrease in net pro몭t. In comparison to the second quarter of the last 몭scal, net pro몭t decreased to Rs 49 crore from Rs 182 crore. Nevertheless, sales increased by 5% to Rs 14,209 crore in Q2 from Rs 13,584 crore in the September quarter of the prior 몭scal year. You can share this post! Previous article Captain Cool MS Dhoni Joins MYK Laticrete As A Brand Ambassador Next article Rukam Capital, a D2C company, leads a $3 million Series A investment for Beco Related Articles Leave a Reply Your email address will not be published. Required 몭elds are marked * Comment *
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Wilmar Stock Rally? The Goal Of Rs 1,000 Is Still Attainable December 23, 2022 Captain Cool MS Dhoni Joins MYK Laticrete As A Brand Ambassador Popular Categories Trending Post Campaigns Digital Media In A Seed Funding Round, Contlo Raises $3.5 Million Fund Raising Marketing Markets Politics Startups Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations Bharat Krushi Seva Receives INR 43 Million in Startup Money from Renowned Investors © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz