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Adani Wilmar shares have increased 11%, according to the analysts

Its market value has increased by almost Rs. 2,296 crore thus far, to Rs. 42,573 crores. Despite all Adani Group controversies, Adani Wilmar has risen 11% since 20th November 2023.

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Adani Wilmar shares have increased 11%, according to the analysts

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  1. Adani Wilmar shares have increased 11%, according to the analysts

  2. Adani Wilmar shares have jumped 5.7% on the B.S.E. (Bombay Stock Exchange) to reach an intraday high of Rs. 327.50 per share as of 21st November 2023. Its market value has increased by almost Rs. 2,296 crore thus far, to Rs. 42,573 crores. Despite all Adani Group controversies, Adani Wilmar has risen 11% since 20th November 2023. • Adani Wilmar Limited consistently established lower-top lower lows, signalling a well-established negative trend. It has recovered from the historical support of roughly 285 in the last two sessions, even if it has tested the bear trendline without closing above it. He continued, saying that the bulls might seize the initiative if they consistently close above the 320 levels. Nevertheless, given the significant volume that accompanies them, the previous bounce is real.On a daily closing basis, longs can be added with an upside objective of 360 in the 300–320 range and a stop-loss of 284.

  3. 03 About Adani Wilmar Ltd. The Wilmar Group, one of Asia’s top agribusiness groups and one of the largest listed companies by market capitalization on the Singapore Exchange as of February 2021, jointly incorporated the joint venture in January 1999. They gain from their solid parentage as a joint venture between the Adani and Wilmar Group. They profit from the Adani Group’s profound comprehension of regional markets, vast experience in domestic trade, and sophisticated logistics network in India. They also use the Wilmar Group’s technical know-how and worldwide sourcing prowess. Despite all the Adani Group controversies,

  4. Business Proposal | Oddball Imaging Studio Rise in Adani Wilmar Ltd. shares for the second straight session Despite the Adani Group controversies, Adani Wilmar Ltd.’s shares increased in trading for the second straight day on November 21, 2023. The stock surged 5.68% to close at Rs. 327.50, the day’s high. The counter has increased by 11.02% at this pricing in just two days. With a market capitalization (m-cap) of Rs. 40,277.04 crores, the counter’s turnover was Rs. 26.10 crores. The company has been questioned by the stock exchange BSE about the movement in the stock price.

  5. Adani Wilmar releases impressive Q3 results Adani Wilmar said on 14th February 2023, that its consolidated net profit for the third quarter ended in December had increased by 66% year over year to Rs. 211.4 crore. The company’s consolidated revenues for the reported quarter increased 40.6% yearly to Rs. 14,378.7 crore. The M.D. and C.E.O. of Adani Wilmar said in a statement released by the company that they have maintained their business performance in line with what they have demonstrated recently.

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