Adani Wilmar Latest News:

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Looking at the current market price of Adani Wilmar, this stock has lost more than 25 percent so far.

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On April 28, 2022, the stock of Gautam Adani's Group company Adani Wilmar had reached a high of Rs 878.35.

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Adani Wilmar's share is currently trading around Rs 655 on BSE. It has been declining for the last two sessions.

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The stock of Adani Wilmar is still trading at 196 per cent above its IPO listing price and is providing good returns to the investors.

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Share market experts believe that Adani Wilmar has gained almost 200 percent from its opening price of Rs 227.

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According to experts, the fall in Adani Wilmar's share price has also been registered due to inflation and some rate hike by RBI.

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Markets have been negatively impacted by rising commodity prices and supply chain issues due to the Russo-Ukraine War.

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The main reason for the fall in the share price of Adani Wilmar is excessive profit-booking over the past several sessions.

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Many experts believe that the Adani Wilmar stock will touch Rs 552 which is a support if it closes below Rs 629.

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