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.
fortune brand
August 2023
May 2023
July 2022
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 Wilmar cuts edible oil prices by up to ₹30 per litre; stock rises 3%
Adani Wilmar, which sells its products under the Fortune brand, has lowered cooking oil prices by up to ₹30 per litre to pass on the benefit of falling global prices to consumers.
