Adani Wilmar down for 8th straight day; slips 34% from 52-wk high level - Business Standard
5/9/2022 12:00:00 AM3 years 9 months ago
by SI Reporter
by SI Reporter
Post the sharp share price rally since listing, brokerage firm JPMorgan find the stock's risk-reward unattractive. Analysts have downgraded their stance to 'underweight' with a target price of Rs 525.
Shares of Adani Wilmar traded lower for the eight straight day, down 5 per cent at Rs 583.25 on the BSE in Tuesday’ s trade. The stock of Adani Group Company, engaged in edible oil business, locked 5… [+4013 chars]
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