Adani Wilmar Share Price History Full In 2023
Hello friends, welcome to our website, today we are going to tell you in this post about Adani Wilmar, who has achieved his status in the very popular share market, today we will give you all kinds of information related to it and today we will answer all your questions. If we try to answer, then stay with us in this post, so now, with no delay, let’s start.
Adani Wilmar
Adani Wilmar is a Joint Venture between the Adani Group of India and the Wilmar Group of Singapore. Both the groups have a 50-50 percent stake in it. Adani sells edible oil, flour, gram flour, rice, pulses, sugar, and packaged food in the country under the Wilmer Fortune brand.
Adani Wilmar share price History
Adani Wilmar Share Price, a company that manufactures branded edible oil and packaged food, have an upper circuit of 5 percent today. This stock reached Rs 637 today, which was at Rs 606 on 17 May. However, it is still trading at a discount of 28 percent from the record high of Rs 878. Since April 28, there has been a lot of volatility in the stock. In this, sometimes lower circuit and sometimes upper circuit is being seen.
The market cap of the company has also declined sharply. In such a situation, investors are confused about the stock. They have got 177 percent returns in just 3.5 months of the stock listing. In such a situation, earn profit by selling shares or stay in it now.
Why is it advisable to stay in the stock?
Brokerage house ICICI Securities has advised to hold the shares now. The brokerage says that Adani Wilmar Share Price is a strong market leader company in branded edible oil and packaged food. The company is also getting the benefit of healthy competition in this sector. At present, the company is doing well in all its three business segments. The company has strong brands like ‘Fortune’. The company will also get the benefit of strengthening the supply chain.
The brokerage estimates that the company’s revenue, EBITDA, and PAT CAGR may be 9 percent, 24 percent, and 35 percent until FY22-24E. However, high volatility in raw material prices and failure to scale up packaged foods are also risk points. The brokerage has given a target price of Rs 550, which is lower than the current price.
profitable deal for investors
Adani Wilmar Share Price were listed on the stock market on February 8 this year. The company had fixed the stock price for the IPO at Rs 230, while on BSE it is listed at Rs 221. But later it sped up. On 28 April 2022, this share reached a price of Rs 878, which is a record high for the stock. Talking about the record high, investors have achieved returns up to 282 percent in this.
Heavy lifting after record high
After making a record high of Rs 878, the stock closed at Rs 606 on Tuesday, May 17. However, today the stock has come down to Rs 637 with an upper circuit of 5 percent. From April 28 to May 10, there was a continuous weakness in it. On May 11, the stock again hit an upper circuit. However, even after that, there are huge trials in it. The market cap of the company has also come down from 1 lakh crores to less than 83 thousand crores.
What was the reason behind the huge rise in the stock?
The major reason behind the rise in stock in the past was the war between Russia and Ukraine. This pushed up commodity prices across the world. Ukraine is the largest exporter of oilseeds such as sunflower. Soybean is also cultivated well in that region. The Indonesian palm oil export ban and the tax on Malaysian exports added to the challenges of oil supply. Due to this whole problem, the prices of edible oil in India reached the sky. Adani Wilmar has benefited from this. Due to this, the company’s shares became rockets.
Adani Wilmar share Rate
Adani Wilmar Share Price are currently giving sloppy profits. Today Adani Wilmar has set a new all-time high record. Amidst a huge jump in the stock market on Tuesday, this stock of Adani Group company has reached an all-time high of Rs 803.15, making a record. This stock was listed on NSE at Rs 227 in the market about two and a half months ago.
Adani Wilmar shares The shares of the company have increased by Rs 38.20 per share today. There is a jump of 5 percent. Let us tell you that the shares of the company have been making investors rich continuously since the listing day. It has jumped almost 3 times since listing day. The stock has gained almost 92% in the last month. Whereas, this stock has jumped 18.48 percent in a week.
company business
Adani Wilmar is a 50:50 JV between the Gautam Adani-led conglomerate Adani Group and the Singapore-based Wilmar Group. The company sells cooking oils under the Fortune brand. Apart from cooking oil, it sells food products such as rice, wheat flour, and sugar. It also sells non-food products such as soaps, hand washes, and sanitizers.
Adani Wilmar Distributorship
Adani Wilmar is one of the few large FMCG food companies in India, offering most of the essential kitchen items, including edible oil, wheat flour, rice, pulses, and sugar, to Indian consumers. Essential commodities, such as edible oil, wheat flour flour, rice, pulses, and sugar, account for about 66% of the expenditure on essential kitchen items in India.
The company’s product portfolio is classified into (i) Edible Oils, (ii) Packaged Food and FMCG, and (iii) Industry Essentials. The company’s flagship brand, “Fortune”, is the largest selling edible oil brand in India. Recently, the company has focused on value-added products and has launched corresponding products like edible oil products, rice bran health oil, fortified food items, ready-to-cook soya chunks, khichdi, etc.
The company has strong raw material sourcing capabilities and was India’s largest importer of crude edible oil as of March 31, 2020
What is Adani Wilmar Products Distributorship?
What Is Adani Wilmar FMCG Product Distributorship:- You would know about Distributorship or Franchise, if you do not know, then we tell a little. An enormous company wants to increase its network, but it cannot work itself everywhere. If so, she gets it opened in her name with ‘Branch’ and gives the authorization to sell her products or services instead of making money.
Due to this, their network also increases and they earn more, it is called Franchise. Similarly, Adani Wilmar also gives its distributorship to sell its own products, in which Adani Wilmar FMCG products are sold.
Requirements for Adani Wilmar Consumer Products Distributorship
Adani Wilmar Product Distributorship Requirement:- If anyone takes Adani Wilmar FMCG Product Distributorship then many things are required like:-
Space requirement – Good space is required inside it because a godown has to be made inside it.
Documentation required – Some documents are required for Emami product distributorship.
Worker requirement – For Emami product distributorship, at least 1 or 3 helpers are required.
Investment requirement – No business can be done without investment and Adani WilmarFMCG Product Distributorship also requires good investment.
Investment for Adani Wilmar Product Distributorship
Investment For Adani Wilmar Product Distributorship If anyone wants to take the Distributorship of Adani Wilmar FMCG, then the investment has to be done in it for a shop and for a godown and the company has to pay the security fee for all of them differently.
Investment has to be made and the investment in it depends on the land and business because if you do business by making stores and godowns inside your own land, then it will work with less investment and if you have to buy land, then there is a huge investment in it. We will have to do Adani Wilmar FMCG Product agency
Distributorship Fees:- Rs. 2 Lakhs To Rs. 3 Lakhs
Shop/Godown Cost:- Rs. 5 Lakhs To Rs.10 Lakhs
Other Charges:- Rs. 1 Lakhs To Rs. 1.5 Lakhs
Total Investment:- Rs. 15 Lakhs To Rs. 20 Lakhs
Land for Adani Wilmar Products Distributorship
Land For Adani Wilmar FMCG Product Distributorship:– In this land is needed for two things, one to build a store and the other to build a Godown, so now it depends on the business that how much land will be needed, the bigger the business, the more land and The smaller the business, the less land is required. Adani Wilmar FMCG Product Distributorship
Shop:- 150 Square Feet To 200 Square Feet
Godown:- 300 Square Feet To 500 Square Feet
Total Space:- 500 Square Feet To 700 Square Feet
Documents Required for Adani Wilmar Agency
Document Requirement of Adani Wilmar FMCG Product Distributorship:- If a person wants to take Adani Wilmar FMCG Distributorship Hindi Dealership, then the company checks some documents for that.
Personal Document (PD): – There are many documents inside the Personal Document such as:
ID Proof:- Aadhaar Card, Pan Card, Voter Card
Address Proof:- Ration Card, Electricity Bill,
Bank Account With Passbook
Photograph Email ID, Phone Number,
Other Documents
TIN No. & GST No.
How to Apply for Adani Wilmar Consumer Products Distributorship
How To Online Apply For Adani Wilmar FMCG Product Dealership:- If you want to apply online for Adani Wilmar FMCG Product Agency then follow the steps given below. Adani Wilmar distributor margin
1. First of all go to the official website of Adani Wilmar FMCG.
2. On the home page, you will get the option of Contact us, click on it.
3. After clicking on contact with us a form will open.
4. After filling all the information inside the form, click on Send.
5. Now all your information will go to the company and then the company will contact you.
Prime Minister Matsya Sampada Yojana 2022
Profit Margin Within Adani Wilmar Consumer Products Distributorship
Profit Margin Adani Wilmar FMCG Product Distributorship Hindi:- Adani Wilmar Talking about profit margin inside FMCG Product Agency, different profit margins are given on all the products inside it because the company makes many types of
products like: Borowlas, Navratna, Fair & Handsome, Zandu Balm, Menthol Plus Balm, Fast Relief and Kesh King, etc. Different profit margin is given on top of all and the profit margin is told at that time when the dealership is given, then contact the company about it. You can get information about Emami FMCG Product Distributorship
Adani Wilmar FMCG Product Agency Contact Number
Registered office: Kolkata
Adani Wilmar Ltd
Fortune House
Nr Navrangpura Railway Crossing
Ahmedabad 380 009
Gujarat, India
CIN: U15146GJ1999PLC035320
Tel : +91 79 2645 5650
Fax : +91 79 2645 5621
Email: [email protected]
Website: www.adaniwilmar.com
Adani Wilmar FMCG Product Distributorship India Expansion Location
North:- Delhi, Uttar Pradesh, Haryana, Himachal Pradesh, Punjab, and Uttaranchal
South:- Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
East:-Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
West:-Gujarat, Rajasthan, Maharashtra, Goa
Central:-Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Union Territories:-Pondicherry, Chandigarh, Lakshadweep, Daman and Diu, Jammu and Kashmir,
Adani Wilmar latest News
Adani Wilmar is a joint company with Adani Enterprises Limited and Wilmar International Limited. It is the owner of Fortune’s brand of edible oils. It has the largest range of edible oils including soybean, sunflower, and mustard. Its Fortune brand of oil has a market share of about 20% in India.
Adani Group is an Indian multinational conglomerate headquartered in Ahmedabad. It was established by Gautam Adani in 1988 as a commodity trading business with the flagship company Adani Enterprises Limited. The group has operations in approximately 70 locations in 50 countries and annual revenues of over US$20 billion.
In April 2021, the Adani Group became the third Indian conglomerate to cross US$100 billion in market capitalization. Its Chairman is Gautam Adani and CEO is Karan Adani (Adani Ports) (Chairman and CEO of Adani Group).
Queries on What is Adani Wilmar?
1) what is Adani Wilmar
Ans) Adani Wilmar is a Joint Venture between the Adani Group of India and the Wilmer Group of Singapore. Both the groups have a 50-50 percent stake in it. Adani sells edible oil, atta, gram flour, rice, pulses, sugar, and packaged food in the country under the Wilmar Fortune brand.
2) is adani wilmar ipo good
Ans) We believe Adani Wilmar should do well over the medium to long term as the share performance will be reflected in consistent quarterly growth. Fundamental investors should stay invested while the near-term traders can book profits.”
3) how many Adani Wilmar plants are in India
Ans) As of the date, we have 22 plants across 10 states in India. In addition, as of March 31, 2021, to cater to the excess demand and ensure our presence across different locations in proximity to end customers, we utilized 28 tolling units across India.
4) How big is Wilmar?
Ans) It was ranked 211th on the Fortune Global 500 list in 2020. It was ranked 3rd in the World’s Most Admired Company (Food Production) by Fortune in 2019.
5) who is adani wilmar ceo
Ans) FMCG business Adani Wilmar Ltd has said that the company is working on the acquisition of new companies, factories, and suitable brands for aggressive expansion in the food segment. Adani Wilmar’s CEO Angshu Malik has said this in an interview.
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