At 11:09 am; Adani Total Gas was trading 14% higher, while Adani Green and Adani Energy Solutions were locked in the 10% upper circuit, as compared to nearly 1% decline in the BSE Sensex.
Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to start the share sale this month to comply with local securities law
Last week, shares of Adani Group tanked up to 28% after Gautam Adani, along with other executives, were charged by US prosecutors with bribery, fraud charges.
After announcing its July-Sept quarter results, Angshu Mallick, MD and CEO, and Shrikant Kanhere, CFO, spoke to Sharleen D'Souza in an exclusive interview
Edible oil firm Adani Wilmar Ltd on Thursday reported a consolidated net profit of Rs 311.02 crore for the second quarter of this fiscal year on higher income. The company had posted a net loss of Rs 130.73 crore in the year-ago period. Its total income rose to Rs 14,565.30 crore during the July-September period of this fiscal from Rs 12,331.20 crore in the year-ago period, according to a regulatory filing. Adani Wilmar is a joint venture between Adani Group and Singapore-based Wilmar. Adani Wilmar sells edible oils and other food items under various brands, including Fortune.
Q2FY25 company results: Godrej Consumer Products, PNB Housing Finance, Adani Gas, Bikaji, IndusInd Bank, Vadilal, and more to report second quarter earnings on October 24
Stocks to Watch: Life Insurance Corporation of India has increased its shareholding in Bank of Maharashtra from 4.05 per cent to 7.10 per cent following the allotment of shares during a QIP.
Rival Marico, which makes the "Parachute" coconut oils, said on Wednesday it expects Q2 consolidated revenue to grow in the high single-digit percentage range
Adani Wilmar is planning to purchase at least three brands specialising in spices, ready-to-cook foods, and packaged edibles
As Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.
With this, the existing shareholders of AEL will hold shares directly in Adani Wilmar
Adani Enterprises has approved demerger of the food FMCG business to Adani Wilmar along with AEL's strategic investment in Adani Commodities LLP
In volume terms, we will block at least 20-25 per cent growth over last year. Volume wise we should do more than a million tonnes to 1.2 million tonnes, said Angshu Mallick, MD and CEO, Adani Wilmar
Edible oil registered strong volume growth of 12 per cent YoY and surpassed one million tonnes in the quarter and its food & FMCG sales crossed Rs 1,500 crores in Q1
Edible oil major Adani Wilmar on Monday reported a consolidated net profit of Rs 313.20 crore for the first quarter of this fiscal on higher income. The company had posted a net loss of Rs 78.92 crore in the year-ago period. The total income rose to Rs 14,229.87 crore during the April-June period this fiscal from Rs 12,994.18 crore in the corresponding period of the previous year, according to a regulatory filing. Adani Wilmar, a joint venture between Adani Group and Singapore's Wilmar, is into edible oil, food & FMCG and industry essentials businesses. The company sells most of its products under the 'Fortune' brand.
AWL expects to close the deal in three to four months and it doesn't need government or regulatory approvals, it said in its filing
In Q1FY25, Adani Wilmar recorded a volume growth of 13 per cent year-on-year (Y-o-Y), led by market-specific strategies in each category, and aimed at gaining market share
Edible oil major Adani Wilmar on Friday said it has reported a 13 per cent volume growth in the June quarter. The double-digit growth was propelled by market-specific strategies in each category, aimed at gaining market share, especially in under-indexed markets, the company said in a business update. In the first quarter of the current fiscal, "the company achieved robust volume growth of 13 per cent YoY," the company said. Adani Wilmar has reported a 19 per cent year-on-year (YoY) volume growth in the first quarter from alternate channels such as e-commerce, quick commerce and modern trade channels. The company, which sells edible oils and some other food products under Fortune brands, has also strengthened the traditional channels as general trade. Besides, "the volume of our branded exports increased by 36 per cent in Q1," it added. In the edible oil segment, Adani Wilmar's business thrived due to robust execution in sales and distribution. Its food products business also ..
Other Adani Group entities also saw losses, which include Adani Green 0.45 per cent, Adani Energy Solutions 0.62 per cent, Adani Total Gas 0.53 per cent and Adani Wilmar 0.46 per cent
To drive growth in the category, the company is now targeting the premium consumer