Adani Wilmar shares up over 2% after sturdy Q3 outcome

Shares of Adani Wilmar on Tuesday pared early beneficial properties however managed to shut 2 per cent larger after the corporate posted a 66 per cent soar in consolidated web revenue to Rs 211.41 crore for the December 2021 quarter.

On BSE, the scrip closed at Rs 383.85, larger by 1.98 per cent over earlier shut. In the course of the day, the shares have been buying and selling 7.33 per cent larger at Rs 404 apiece.

On NSE, the scrip closed the counter at Rs 384.1, up 2.07 per cent over earlier shut. Intra-day, the scrip was up 7.62 per cent to Rs 405.

The corporate’s whole revenue rose to Rs 14,405.82 crore within the third quarter from Rs 10,238.23 crore a yr in the past, up round 41 per cent, pushed by meals merchandise, which it sees as the main target space going ahead.

(Solely the headline and film of this report might have been reworked by the Enterprise Normal workers; the remainder of the content material is auto-generated from a syndicated feed.)

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