India's Adani Wilmar rises on Q3 profit more than doubling

AWL Agri Business

27/01/2025 08:44

** Shares of Adani Wilmar  ADAW.NS  rise as much as 7.2% to
270 rupees; stock last up 2.2%
    ** ADAW Q3 profit more than doubles on strong sales
    ** Edible oils segment, ~80% of Q3 rev, jumped ~38%
    ** Nearly 11 mln shares traded, 2.6x the 30-day avg
    ** 5 analysts' avg rating is equivalent of "hold", median PT
is 385 rupees - LSEG data
    ** Stock fell 13.2% in 2024

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))