Adani Wilmar shares jump over 6% as Adani Enterprises to demerge food FMCG biz

Adani Wilmar shares jump over 6% as Adani Enterprises to demerge food FMCG biz

Shares of FMCG firm Adani Wilmar jumped 6.4% to Rs 370.7 in Friday’s intraday trade on BSE after billionaire Gautam Adani’s flagship entity Adani Enterprises on Thursday approved the demerger of the company’s food FMCG business to Adani Wilmar. “It is believed that the proposed demerger will unlock the direct value of the demerged company’s … Read more

adani wilmar shares: Big movers on D-Street: What should investors do with Adani Wilmar, DLF and RITES?

adani wilmar shares: Big movers on D-Street: What should investors do with Adani Wilmar, DLF and RITES?

Benchmark indices Sensex and Nifty hit intraday record high levels before closing almost flat on Monday ahead of the key US Fed interest rate decision later this week.Stocks that were in focus include names like Adani Wilmar, which gained 6.04%, DLF, which rose 4.7%, and RITES, whose shares jumped 14.2% on Monday. Here’s what Kushal … Read more