Adani Wilmar’s stock price saw a significant increase today, closing at ₹322.2, up 3.97% from yesterday’s closing price of ₹309.9. The stock opened at ₹294.4 and reached a high of ₹317 during the day. The company’s market capitalization currently stands at ₹40,277.04 crore.
The stock’s 52-week high and low are ₹678.5 and ₹292.5, respectively. The BSE volume for the stock today was 871,902 shares.
Adani Wilmar is a leading integrated agribusiness and food company in India. The company has a diversified portfolio of products that includes edible oils, sugar, pulses, and wheat. Adani Wilmar has a strong presence in both the domestic and international markets.
The company’s strong financial performance and positive outlook for the future have been driving investor interest in the stock. Adani Wilmar is expected to continue to benefit from favorable industry tailwinds, such as rising demand for edible oils and increasing urbanization.
Analysts believe that Adani Wilmar’s stock has the potential to reach ₹400 in the near term. The company’s strong fundamentals and positive outlook make it a compelling investment opportunity for long-term investors.