Stay updated with breaking news from Industry Essentials. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Adani Wilmar Limited (AWL) records a robust 18% volume growth in H1 FY24, with broad-based growth across all segments, amidst a challenging year for edible oils.In H1’24, the Food & FMCG segment recorded a revenue of ~INR 2,380 Crores, a 27% YoY
Adani Wilmar Q2 revenue fell 13 per cent year-on-year (YoY) to Rs 12,267 crore compared with Rs 14,150 crore.
KR Choksey is bullish on Adani Wilmar has recommended buy rating on the stock with a target price of Rs 515 in its research report dated May 05, 2023.
Adani Wilmar, a JV between Adani Enterprises and Wilmar International, posted revenues of ?55,000 crore in FY23, up 14% from the previous year. Its food and FMCG business grew 55% to around ?3,800 crore in FY23. The firm sells the Fortune brand of edible oil and other food products.
FINRA barred two representatives for accessing online forums to cheat during remote exams, marking the first actions from the regulator for online cheating.