Adani Wilmar stock falls 26% from record high: Time to buy, sell or hold?
Shares of Adani Wilmar were trading higher for the second consecutive session today amid a weak broader market. The Adani Group stock, which has majorly traded above Rs 600 level since mid-May, gained up to 4.59 per cent to Rs 649.45 in early trade today. Shares of Adani Wilmar closed 4.93 per cent higher at Rs 620.90 in the previous session on BSE. The stock, which ended at Rs 591.75 on June 13, has climbed 9.75 per cent or Rs 57.7 in the next two sessions. However, the large cap stock has lost 26 per cent compared to the record high of Rs 878.35 on April 28, 2022.