 "Adani Wilmar gains 16% on trading debut, ends at Rs 267.4 at close")
Shares of Adani Wilmar rose more than 16 per cent during their trading debut on Tuesday. The stock ended at Rs 267.4, with up Rs 37.4 over issue price of Rs 230. It had slipped below issue price to touch a low of Rs 227. But strong buying saw the stock end near the day’s high. Shares worth Rs 3,397 crore changed hands on the NSE and another Rs 191 crore on the BSE.
Adani Wilmar, which enjoys the highest market share in branded edible oil, has become the seventh Adani group firm to list on the bourses.
The company
