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Adani Wilmar hits fresh lifetime high; stock zooms 30% in one week

The stock of Adani Group company has zoomed 136 per cent from its issue price of Rs 230 per share

Adani Wilmar plans to buy local food brands with funds from upcoming IPO
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Deepak Korgaonkar Mumbai
Shares of Adani Wilmar (AWL) hit a new lifetime high of Rs 543.35 as they were locked at 5 per cent upper circuit for a second straight day on the BSE on Friday. Till 10:08 am, a combined 13.32 million equity shares had changed hands and there are pending buy orders for around 7 lakh shares on the NSE and BSE.

In the past one week, the stock of Adani Group edibles oil company has surged 30 per cent as compared to 2.3 per cent rise in the S&P BSE Sensex. It has zoomed 136 per cent from its