Adani Wilmar Q1 sales decline 15% as edible oil prices drop
1 year, 5 months ago

Adani Wilmar Q1 sales decline 15% as edible oil prices drop

India Today  

Adani Wilmar said on Wednesday its first-quarter sales slumped 15% as a sharp fall in edible oil prices eclipsed strong consumer demand for its products. Edible oil prices have fallen more than 50% in less than a year, hit by lower consumer demand in developed economies, easing of supply in the Black Sea region and strong production of oilseeds, the joint venture between Adani Group and Singapore's Wilmar Group said. However, lower edible oil prices meant demand for the product surged, resulting in a 25% jump in volumes for the company's largest segment, the maker of Fortune cooking oil said. Earlier on Wednesday, rival Marico said revenue for the June quarter fell in the low-single digits percentage range, dragged by sluggish sales in rural markets and a move to cut prices of its Saffola edible oil.

Oil Sales Adani Edible Edible Oil Prices Prices Drop  consumer  prices  drop  wilmar  15  segment  sales  q1  edible  adani  demand  strong  decline  oil

History of this topic

Adani Wilmar Share Price Today on 29-11-2024: Adani Wilmar share price are down by -1.08%, Nifty up by 0.92%
3 weeks, 4 days ago

Adani Wilmar Share Price Today on 29-11-2024: Adani Wilmar share price are down by -1.08%, Nifty up by 0.92%

Live Mint  

Adani Wilmar Share Price Today on 29-11-2024: At 29 Nov 11:15 today, Adani Wilmar shares are trading at price ₹310.1, -1.08% down from the previous closing price. On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at …

Adani Wilmar Share Price Today on 28-11-2024: Adani Wilmar share price are up by 0.51%, Nifty down by -0.73%
3 weeks, 5 days ago

Adani Wilmar Share Price Today on 28-11-2024: Adani Wilmar share price are up by 0.51%, Nifty down by -0.73%

Live Mint  

Adani Wilmar Share Price Today on 28-11-2024: At 28 Nov 11:26 today, Adani Wilmar shares are trading at price ₹316.5, 0.51% up from the previous closing price. On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at …

Adani Wilmar Share Price Today on 25-11-2024: Adani Wilmar share price are up by 1.54%, Nifty up by 1.71%
4 weeks, 1 day ago

Adani Wilmar Share Price Today on 25-11-2024: Adani Wilmar share price are up by 1.54%, Nifty up by 1.71%

Live Mint  

Adani Wilmar Share Price Today on 25-11-2024: At 25 Nov 11:00 today, Adani Wilmar shares are trading at price ₹296.8, 1.54% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Adani Group shares trade lower for second consecutive day amid US bribery allegations
1 month ago

Adani Group shares trade lower for second consecutive day amid US bribery allegations

India TV News  

Shares of eight out of ten listed Adani Group companies witnessed a sharp decline during Friday’s morning trade following charges against billionaire Gautam Adani by US prosecutors. Shares of Adani Power tanked 6.38 per cent, Adani Total Gas went lower by 6.11 per cent, Adani Ports declined 5.31 per cent, Adani Wilmar plunged 5.17 per cent to hit the one-year …

Adani Wilmar Share Price Today on 13-11-2024: Adani Wilmar share price are down by -2.7%, Nifty down by -1.36%
1 month, 1 week ago

Adani Wilmar Share Price Today on 13-11-2024: Adani Wilmar share price are down by -2.7%, Nifty down by -1.36%

Live Mint  

Adani Wilmar Share Price Today on 13-11-2024: At 13 Nov 16:01 today, Adani Wilmar shares are trading at price ₹324.45, -2.7% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Adani Wilmar Share Price Today on 11-11-2024: Adani Wilmar share price are down by -1.8%, Nifty down by -0.03%
1 month, 1 week ago

Adani Wilmar Share Price Today on 11-11-2024: Adani Wilmar share price are down by -1.8%, Nifty down by -0.03%

Live Mint  

Adani Wilmar Share Price Today on 11-11-2024: At 11 Nov 16:00 today, Adani Wilmar shares are trading at price ₹327.75, -1.8% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Adani Wilmar Shares: A Pricey Climb and a Pricey Dip
1 month, 3 weeks ago

Adani Wilmar Shares: A Pricey Climb and a Pricey Dip

Live Mint  

Adani Wilmar shares are trading up by 2.31% today, while the Nifty is down by 0.58%. The stock has hit a high of ₹333.55 and a low of ₹325.35 during the day, and is trading above the 5,10 days SMA & lower than the 20,50,100,300 day SMA. The company has a ROE of 1.80%, a P/E of 43.67, and a …

Adani Wilmar share are up by 1.41%, Nifty up by 0.57%
3 months ago

Adani Wilmar share are up by 1.41%, Nifty up by 0.57%

Live Mint  

Adani Wilmar Share Price Today on : At 23 Sep 16:00 today, Adani Wilmar shares are trading at price ₹351.4, 1.41% up from the previous closing price. On the technical front, the stock is trading above the 100 days SMA & lower than the 5,10,20,50,300 day SMA. The stock will have support at 100 days SMA & face resistance at …

Adani Wilmar to invest ₹600 crore to expand edible oil business, solar power capacity
4 months, 3 weeks ago

Adani Wilmar to invest ₹600 crore to expand edible oil business, solar power capacity

Hindustan Times  

Adani Wilmar Ltd plans to invest around ₹600 crore this fiscal mainly to expand its processing capacities of edible oil business and will launch more food products for consumers as well as institutional buyers to achieve higher growth in volume terms, its MD & CEO Angshu Malick said on Tuesday. In edible oil which is the main business, we achieved …

Adani Group, Wilmar exploring to sell $670 million stake in JV: Report
5 months, 1 week ago

Adani Group, Wilmar exploring to sell $670 million stake in JV: Report

Hindustan Times  

Gautam Adani and Wilmar International Ltd. are in early talks with banks to sell a minority stake in their consumer joint venture Adani Wilmar Ltd, Bloomberg reported citing people in the know. This will help the company abide by shareholding regulations, the report added as the owners are exploring selling equal stakes that may total 13% in Mumbai-listed Adani Wilmar. …

Adani Wilmar Q4 Earnings: Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7%
1 year, 7 months ago

Adani Wilmar Q4 Earnings: Adani Wilmar reports 60% fall in net profit in Q4FY23, revenue up 7%

Business Standard  

Adani Wilmar on Wednesday reported a 60 per cent fall in its consolidated net profit to Rs 93.6 crore in the quarter ended March 31, as compared to Rs 234.29 crore in the same quarter in 2021-22. In the year ended March 31, 2023, the company's net profit fell 28 per cent to Rs 582 crore as compared to Rs …

Adani Total Gas Q4 profit jumps 21% on higher prices
1 year, 7 months ago

Adani Total Gas Q4 profit jumps 21% on higher prices

Hindustan Times  

India's Adani Total Gas Ltd reported a 20.7% rise in quarterly profit on Tuesday, propelled by price hikes and expansion of its compressed natural gas stations. Adani Total's consolidated net profit rose to 979.1 million rupees for the three months ended March 31, from 810.9 million rupees a year earlier, said the company, which distributes piped gas in various Indian …

Adani Wilmar Q3 net profit rises 16.5%; shares rally
1 year, 10 months ago

Adani Wilmar Q3 net profit rises 16.5%; shares rally

Live Mint  

Adani Wilmar Ltd on Wednesday reported a 16.5% rise in its Q3 consolidated net profit at ₹246 crore as compared to ₹211 crore in the year-ago quarter. Angshu Mallick, MD & CEO, Adani Wilmar Limited said, "We have been witnessing a consistent demand for safe, hygienic, and nutritious packaged staple food. “The quarter also saw macro tailwinds in the form …

Food giant Wilmar vows to stand by its venture with Adani Group
1 year, 10 months ago

Food giant Wilmar vows to stand by its venture with Adani Group

Live Mint  

Food giant Wilmar International Ltd. will continue to support its joint venture with India’s under-fire Adani Group, saying a report from short-seller Hindenburg Research had not raised any issues specific to the unit. The sprawling Adani Group, controlled by tycoon Gautam Adani, has been rocked to its core in recent days after Hindenburg Research accused the conglomerate of widespread corporate …

Adani firms lose $65 billion in value as US short-seller battle escalates
1 year, 10 months ago

Adani firms lose $65 billion in value as US short-seller battle escalates

Live Mint  

Most Adani Group shares fell sharply on Monday as the Indian conglomerate's rebuttal of a U.S. short-seller's criticism failed to pacify investors, deepening a market rout that has now led to losses of $65 billion in the group's stock values. ON SCHEDULE Adani Group told Reuters in a statement on Saturday that the sale remained on schedule at the planned …

Adani Enterprises shares rise in early trade but other group stocks plunge after short-seller attack
1 year, 10 months ago

Adani Enterprises shares rise in early trade but other group stocks plunge after short-seller attack

The Hindu  

Shares in India's Adani Enterprises rose as much as 9.5% on January 30 but those of several other group companies plunged for the third straight day, extending their losses after a U.S. short-seller's report that criticised the group. Adani has locked horns with U.S.-based Hindenburg Research and on January 29 rebutted its report that flagged concerns about debt levels and …

Adani Wilmar share price jumps over 250% in two months | All you need to know
2 years, 7 months ago

Adani Wilmar share price jumps over 250% in two months | All you need to know

India Today  

Adani Wilmar's share price has jumped around 260 per cent in just two months. ADANI WILMAR SHARE PRICE Adani Wilmar's share price on BSE rose 5 per cent or 38.20 points to Rs 802.80. Adani Wilmar's share price on NSE rose 4.99 per cent or 38.20 points to Rs 803.15. Market trackers have cited Indonesia's decision to put a ban …

Adani Wilmar, Adani Power, Adani Transmission share prices: Check latest here
2 years, 8 months ago

Adani Wilmar, Adani Power, Adani Transmission share prices: Check latest here

India Today  

The Adani group of companies' stocks are in the news after share prices of Adani Power, Adani Enterprises, Adani Transmission, and Adani Wilmar rose to record highs on Tuesday. ADANI WILMAR SHARE PRICE Adani Wilmar share price fell by 1.07 per cent to Rs 494.55. ADANI ENTERPRISES SHARE PRICE Adani Enterprises share price rose by 0.57 per cent to Rs …

Adani Wilmar AWL Share Price Today: Stock Jumps After Listing at Discount; Buy, Sell or Hold?
2 years, 10 months ago

Adani Wilmar AWL Share Price Today: Stock Jumps After Listing at Discount; Buy, Sell or Hold?

News 18  

Adani Wilmar Listing on BSE, NSE Today: Adani Wilmar, one of the largest Fast-Moving Consumer Goods companies in India on Tuesday started its trading journey amid a volatile market. Adani Wilmar IPO comprises a fresh issue of new equity shares for an amount of up to Rs 3,600 crore. Adani Wilmar IPO Listing: What Investors Should Do Now For investors, …

Adani Wilmar Listing on BSE, NSE Today: Listing Time, Gains, Adani Wilmar Share Price, Key Details
2 years, 10 months ago

Adani Wilmar Listing on BSE, NSE Today: Listing Time, Gains, Adani Wilmar Share Price, Key Details

News 18  

Adani Wilmar IPO: Adani Wilmar shares are set to debut on the D-Street. Adani Wilmar IPO: Subscription Status Adani Wilmar IPO attracted bids for 212.9 crore shares as against the 12.3 crore shares on offer, a subscription of 17.4 times, according to exchange data. Adani Wilmar IPO: GMP Experts said the company commanded a grey market premium of Rs 30 …

Adani Wilmar IPO to Debut on D-Street on Tuesday: What GMP Suggests About Listing Gains
2 years, 10 months ago

Adani Wilmar IPO to Debut on D-Street on Tuesday: What GMP Suggests About Listing Gains

News 18  

Adani Wilmar IPO: After allocation of shares, all eyes are now set on Adani Wilmar IPO listing, which is most likely on February 8, 2022. Adani Wilmar IPO: Subscription It saw a 17.37 times subscription as non-institutional investors were at the forefront with bids 56.3 times the allotted quota. Adani Wilmar IPO: Fundamentals Speaking on the fundamentals in regard to …

Adani Wilmar Fixes IPO Price Band At Rs 218-230 Per Share , Plans To Raise Rs 3,600 Cr
2 years, 11 months ago

Adani Wilmar Fixes IPO Price Band At Rs 218-230 Per Share , Plans To Raise Rs 3,600 Cr

ABP News  

New Delhi: Adani Wilmar on Friday fixed a price band of Rs 218-230 a share for its Initial Public Offer through which it aims to raise up to Rs 3,600 crore to fund capital expenditure, reduce debt and for acquisitions as it seeks to become India's biggest food and FMCG company. The public issue of Adani Wilmar, which markets its …

Adani Wilmar IPO to Open Next Week; Check IPO Dates, Issue Size, Other Key Details
2 years, 11 months ago

Adani Wilmar IPO to Open Next Week; Check IPO Dates, Issue Size, Other Key Details

News 18  

Adani Wilmar IPO: Fast-moving consumer goods, or FMCG company Adani Wilmar is all set to launch its first public issue on January 27, that is next week, multiple media reports said recently. The company, led by Indian business tycoon Gautam Adani and Singapore-based firm Wilmar, plans to raise Rs 3,600 crore through its first initial public offering, or IPO. The …

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