Thursday, March 28th, 2024

Adani Wilmar’s stock seems to be in upper circuit for two days, Adani Power also jumped 10%


Adani Wilmar Share Price: In the ongoing boom in the stock market for two consecutive days, the biggest hit IPO of 2022 and Adani Wilmar’s stock has jumped 10 percent. For the last two trading sessions, the stock of Adani Wilmar has been continuously circuiting. After a huge fall on Friday, the stock fell to Rs 499. Last week, Adani Wilmar’s stock fell 20 per cent in three trading sessions. But since Monday the market picked up, the stock has risen by 10 per cent in two days and closed at Rs 550.80 on Tuesday.

Let us tell you that Adani Wilmar’s IPO has proved to be the biggest hit IPO of 2022. A share of Rs 230 is trading at Rs 550. That is, the stock has given 140% return from its issue price in less than a year. Although this stock has also seen the price of 878. That is, the stock has seen a jump of up to 280 percent from the IPO price. Although the stock has come down a lot from there.

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Not only Adavi Wilmar, but another multibagger stock of Adani Group in 2022 has seen a boom in the past few days. Adani Power’s stock has also closed at Rs 289 with an upper circuit of 5 per cent. On December 23, Adani Power also went down to Rs 262. From there, there has been a jump of 10 percent in the stock.

Adani Enterprises also closed with a gain of 1.42 per cent in Tuesday’s trading session. Adani Green Energy closed with a gain of 1.70 per cent, Adani Ports by 1.38 per cent, Adani Total Gas by 1.24 per cent. Adani Transmission also closed with a gain of 1.45 per cent.

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