The company announced in an exchange filing on Monday That It plans to withdraw from Adani Wilmar, the FMCG joint venture between its subsidiary Adani Commodities LLP (ACL) and Wilmar International-owned Lence Pte, to concentrate investments on its core infrastructure business. It stated that the $2 billion raised from selling its Adani Wilmar stake would…
Adani Wilmar declared a profit of Rs 311.02 crore for the fiscal second quarter on Thursday, compared to a loss of Rs 130.73 crore for the same period in FY24. It reported operating income of Rs 14,460.45 crore, a 17.9% increase over Rs 12,267.15 crore in the same period of the previous fiscal year. EBITDA…
Monday’s trading session saw the main equity indices close in the green. The BSE Sensex reached 68,863.93, up 2.05%, while the NSE Nifty 50 gained 418.90 points, or 2.07%, to end at 20,686.80. To close at 46,431.40, the Bank Nifty index increased by 1617.20 points, or 3.61%. With advances led by large- and small-cap stocks,…
Adani Enterprises, managed by Gautam Adani, will join the Nifty 50 on Friday, September 30, as part of the NSE’s upcoming semi-annual index rejig. Shree Cement will be replaced in the 50-stock index by Adani Enterprises. After Adani Ports and Special Economic Zone, this is the second Adani stock to be listed in the Nifty…
