Adani Wilmar stock price: The listing of shares of Adani Wilmar, a company of the Adani Group, took place on 8 February 2022. Since then, the company’s shares have given returns of more than 130 per cent in about 35 trading sessions. Today the shares of Adani Wilmar reached its lifetime high of Rs 514.95 in the day’s trading. The company’s shares were listed on BSE at Rs 221 on February 8. Accordingly, the shares of Adani Wilmar have given a strong return of 133.01% to its investors in less than 2 months.
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108.67% up from the listing price
Let us tell you that the company’s IPO was open on 27 January. Adani Wilmar was listed in the stock market on 8 February. Shares of Adani Wilmar, the parent company of FMCG brand Fortune, were listed on the Bombay Stock Exchange at Rs 221 with a discount of around 4 per cent. At the same time, the shares of the company were listed on the National Stock Exchange (NSE) at Rs 227 with a discount of 1 per cent. The closing price of Adani Wilmar on Wednesday, March 30 is Rs 490.50 per share. That is, the company has given a return of 121.95% to its investors since the listing day. The firm’s market cap stood at Rs 64,853 crore on the BSE.
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company business
Adani Wilmar is a 50:50 Joint Venture between the Adani Group and the Singapore-based Wilmar Group. It is a company that sells cooking oil and some other food products under the Fortune brand.