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Adani Wilmar Ltd News

Adani, Wilmar likely to pick banks for sale of stake in joint venture

Representatives for the Adani group and Nuvama did not offer any immediate comments, while representatives for Jefferies, SBI Capital and Wilmar International declined to comment

Adani, Wilmar likely to pick banks for sale of stake in joint venture
Updated On : 18 Jul 2024 | 8:11 PM IST

Adani, Wilmar considering to sell $670 million stake in joint venture

Shares of Adani Wilmar have slid 6.8% this year, valuing the company at about $5.1 billion

Adani, Wilmar considering to sell $670 million stake in joint venture
Updated On : 16 Jul 2024 | 7:16 PM IST

Adani Wilmar to buy 67% stake in Omkar Chemicals, aims to expand footprint

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

Adani Wilmar to buy 67% stake in Omkar Chemicals, aims to expand footprint
Updated On : 11 Jul 2024 | 9:39 PM IST

Adani Wilmar's shares rise on steady volume, exports growth in Q1 estimates

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

Adani Wilmar's shares rise on steady volume, exports growth in Q1 estimates
Updated On : 08 Jul 2024 | 10:49 AM IST

Adani Wilmar reports 13% volume growth in June quarter, exports up 36%

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 ..

Adani Wilmar reports 13% volume growth in June quarter, exports up 36%
Updated On : 05 Jul 2024 | 8:27 PM IST

Adani group stocks fall; ACC down 3%, Adani Ent slips 1.5%

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

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Updated On : 04 Jul 2024 | 11:41 AM IST

Adani group shares trade mixed as Hindenburg issue resurfaces; AEL down 1%

Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.

Adani group shares trade mixed as Hindenburg issue resurfaces; AEL down 1%
Updated On : 02 Jul 2024 | 10:13 AM IST

Adani Wilmar eyes high-end clients as it looks to increase premium play

To drive growth in the category, the company is now targeting the premium consumer

Adani Wilmar eyes high-end clients as it looks to increase premium play
Updated On : 06 Jun 2024 | 10:05 PM IST

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%

At 09:41 am; Adani group stocks had recovered up to 13 per cent of the intra-day losses, but were still down in the range of 6 per cent to 10 per cent on Tuesday.

Adani group shares trade weak; Total Gas, Enterprises, Power tank up to 19%
Updated On : 04 Jun 2024 | 10:12 AM IST

Acche din for Adani stocks over, or will the run continue? Key tech levels

Adani Enterprises, Adani Power and Adani Wilmar can potentially rally up to 30 per cent from present levels, suggests the key retracement ratios.

Acche din for Adani stocks over, or will the run continue? Key tech levels
Updated On : 04 Jun 2024 | 8:59 AM IST

Adani group shares in demand; Power, Total Gas, Green Energy rally up 16%

Adani group stocks in focus: The total market capitalisation of 10 Adani group companies increased by Rs 2.02 trillion to Rs 19.88 trillion in the intraday trade today

Adani group shares in demand; Power, Total Gas, Green Energy rally up 16%
Updated On : 03 Jun 2024 | 9:52 AM IST

Adani group shares in demand; Enterprises, Total Gas, Power rally up 14%

Adani Power hit a record high of Rs 791.95, as it zoomed 13 % in intra-day trades as India's foremost private power producer, is very well placed to benefit from the long-term power demand outlook.

Adani group shares in demand; Enterprises, Total Gas, Power rally up 14%
Updated On : 31 May 2024 | 2:52 PM IST

Adani Group stocks rally; Enterprises surges 8%, Ports, Power hit new high

Report say Adani Enterprises may replace Wipro in the benchmark Sensex index. This may lead to inflows worth Rs 1,000 crore in the stock

Adani Group stocks rally; Enterprises surges 8%, Ports, Power hit new high
Updated On : 23 May 2024 | 2:43 PM IST

Adani group stocks in focus; Power, Enterprises, Total Gas rally up to 8%

Adani Enterprises, the group's flagship firm, plans to spend Rs 80,000 crore across businesses in the current financial year, according to reports

Adani group stocks in focus; Power, Enterprises, Total Gas rally up to 8%
Updated On : 14 May 2024 | 3:33 PM IST

AEL, Adani Ports: Trading strategies in Adani Group stocks post Q4 results

Adani Group stocks technical outlook; Adani Enterprises, ACC and NDTV seem negative on the charts, while Adani Ports, Adani Green and Ambuja Cements hold promise. Other Adani stocks seen range-bound.

AEL, Adani Ports: Trading strategies in Adani Group stocks post Q4 results
Updated On : 06 May 2024 | 10:33 AM IST

Pre-mkt check: US Fed decision, global stocks, Nifty key levels for May 02

Pre-market update Thursday, May 02: Why are global markets trending higher post US Fed meeting outcome? All you need to know before the Indian stock market opens for trade today.

Pre-mkt check: US Fed decision, global stocks, Nifty key levels for May 02
Updated On : 02 May 2024 | 7:15 AM IST

Adani Wilmar Q4 results: Net profit increases 67% to Rs 156.75 crore

The company's total income fell to Rs 13,342.26 crore in the January-March period of the last fiscal year from Rs 14,185.68 crore in the year-ago period, according to a regulatory filing

Adani Wilmar Q4 results: Net profit increases 67% to Rs 156.75 crore
Updated On : 01 May 2024 | 7:01 PM IST

Adani Wilmar sees double-digit growth in edible oil sales on festive demand

The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of Holi and ongoing wedding season

Adani Wilmar sees double-digit growth in edible oil sales on festive demand
Updated On : 05 Apr 2024 | 5:44 PM IST

Adani Group's Ebitda sees increase of 34% at Rs 79,000 crore in 2023

Adani Group on Thursday said pre-tax profit or EBITDA of its portfolio companies that span from apples to airports soared 34 per cent to Rs 79,000 crore in the 12-month period ended December 2023 - 2.5x of EBITDA in financial year 2021. EBITDA of Rs 78,823 crore in 2023 is compared with Rs 58,653 crore pre-tax profit in the previous year, it said in a statement. "The growth was powered by the highly stable core infrastructure platform. Growing at 35.5 per cent, it generated Rs 66,208 crore (USD 8 billion) - 84 per cent of portfolio EBITDA," it said. Domestic and international rating agencies, including S&P Global and Moody's have upgraded or positively revised the outlook for all key portfolio companies. "The portfolio continues to remain conservatively leveraged with net debt to EBITDA as low as 2.5x," the statement said adding debt coverage stood at 2.1x and gross assets to net debt at 2.5x. The group maintained high liquidity with a healthy cash balance of Rs 44,572 crore at ..

Adani Group's Ebitda sees increase of 34% at Rs 79,000 crore in 2023
Updated On : 29 Feb 2024 | 8:08 PM IST

Adani Energy, Ambuja Cements: Adani group shares trade firm in weak market

Adani Enterprises and Adani Green Energy have touched their respective 52-week highs in intra-day trade today.

Adani Energy, Ambuja Cements: Adani group shares trade firm in weak market
Updated On : 26 Feb 2024 | 2:09 PM IST