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Edible oil shares in focus: AWL, Patanjali Foods freeze at 5% upper circuit

Adani Wilmar has regained Rs 1-trillion market capitalisation, while Patanjali Foods' market cap crossed Rs 50,000 crore today

Edible oil

SI Reporter Mumbai
Shares of edible oil companies Adani Wilmar (AWL) and Patanjali Foods were locked at 5-per cent upper circuit band each on the BSE on expectation of higher demand ahead of festive season.

Individually, AWL hit nearly four-month high of Rs 770.05, having surged 39 per cent in the past three months. With this, the Adani Group company regained Rs 1-trillion market capitalisation (market cap) today. The company's flagship brand 'Fortune' is the largest edible oil brand in India.

The stock was trading at its highest level since May 25, 2022. It had hit a record high of Rs

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First Published: Sep 20 2022 | 2:13 PM IST

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