Adani Enterprises Q1 profit surges 116%; to demerge food FMCG biz to Adani Wilmar
As part of the demerger, shareholders of Adani Enterprises will receive 251 shares of Adani Wilmar for every 500 shares they own.
adani wilmar fortune500 snapshot
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Adani Wilmar swings to profit in Q1; shares surge 6%
Due to the stability in edible oil prices, the edible oil company registered a total revenue of ₹14,169 crore this quarter, up by 10% from the same quarter last year.
Adani Wilmar posts ₹131 cr loss in Q2; shares drop
Revenue of Adani Wilmar slipped 13% year-on-year to ₹12,267 crore in the second quarter
Adani Green shares jump 10% on nod to produce solar cells in Mundra
Adani Green stock gains 9.8% in intraday trade to touch a high of ₹1,024.95 apiece
'Not in a position to comment': Adani Wilmar on report of Adani Group looking to exit JV
"The news item refers to one of the promoter of our Company and not to any actions by the Company," says Adani Wilmar.
Adani Wilmar shares drop 5% as Adani Group mulls stake sale
Adani Enterprises is reportedly looking to sell its entire 43.97% stake in Adani Wilmar, which is expected to be worth about $2.7 billion at the current share price.
Adani Group’s m-cap rises by ₹71,000 cr to ₹10.8 lakh cr in July
Adani Green Energy was the best performer among the group stocks with 15.58% increase in market cap, while NDTV was the least performer with 0.61% rise in value.
Adani Ent to grow 100 mn trees by 2030 as part of ESG pledge
Gautam Adani-led conglomerate releases a compendium of its environmental, social, and corporate governance performance for FY23
Adani Wilmar Q4 profit tumbles 60% on falling edible oil prices; revenue slips 7%
For FY23, the FMCG major posted 28% growth in profit at ₹582 crore, while revenue grew 7% to ₹58,185 crore.
Adani Group stocks rise up to 5%, all ten counters in green; here’s why
Shares of three Adani Group companies - Adani Transmission, Adani Total Gas and Adani Green Energy - hit their respective 5% upper circuit limits.
