Adani Wilmar Share Price | Adani Wilmar share will prosper, experts give BUY rating, note the target price – NSE: AWL
Adani Wilmar Share Price | Adani Wilmar Limited Company has announced its second quarter results. (NSE: AWL) has announced. Adani Wilmar Limited has reported a net profit of Rs 311.02 crore in the second quarter of the current financial year. Adani Wilmar Limited has made a loss of ₹130.73 crore in the same quarter of 2023-24. The company's total income during the quarter increased to Rs 14,565.30 crore, from Rs 12,331 crore in the same quarter of the previous financial year. (Adani Wilmar Limited Company Excerpt)
Adani Wilmar Stock Current Status
Shares of Adani Wilmar Limited had risen 6.05 per cent to Rs 337.50 on Thursday, October 24. On Friday, October 25, the stock had risen 4.67 per cent to Rs 324.40. The total market cap of the company is Rs 44,138 crore.
Streets Brokerage Firm – Target Price
Kunal Rambhiya, fund manager of Streets brokerage firm, has given BUY rating for Adani Wilmar shares. Streets brokerage firm has given a target price of Rs 400 for the share. It has also advised a stop loss of Rs 320. Experts have said that Adani Wilmar shares can reach the target price of Rs 400 in the short term.
Adani Total Gas
Adani Total Gas Ltd reported a net profit of Rs 186 crore in the second quarter, compared to Rs 172 crore in the previous quarter. Adani Total Gas Ltd reported quarter-on-quarter revenue growth of Rs 1,240 crore. Adani Total Gas Limited's EBITDA in the second quarter stood at Rs 305 crore, which was Rs 296 crore in the previous quarter. EBITDA margin fell to 23.2% from 23.9%.
Adani Total Gas
Adani Total Gas Ltd shares rose 7.83% to Rs 755.30. The stock has given 37.22% return in the last 1 year. The stock has given 109.83% returns in the last 5 years. At present the total market cap of the company is Rs 83,063 crore.
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