Adani Wilmar Shares Take a Hit as Promoter Opts for Stake Dilution via OFS

Adani-Wilmar

Adani Wilmar, a prominent player in India’s FMCG sector, witnessed a significant downturn in its share value today. This decline is attributed to the announcement of an Offer For Sale (OFS) by its promoter group, intending to divest a substantial stake in the company. The move has triggered a wave of reactions from investors, leading … Read more

Adani Wilmar Share Price Takes a Hit After Adani Enterprises Announces Exit from Wilmar Joint Venture

Adani Wilmar

Detailed Analysis: Adani Wilmar, a prominent name in the Indian Fast-Moving Consumer Goods (FMCG) sector, witnessed a significant drop in its share price recently. This downturn followed the announcement that Adani Enterprises, a key player in the Adani Group, would be exiting its long-standing joint venture with Wilmar International. This development has triggered discussions and … Read more