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Adani Wilmar Stock – Hold or Sell?

Written By Sushma Singh

For those who are invested in the stock market their life is nothing short of pulse or beats as shown in the movies. One minute it’s on the up and at other moments it is back down. You could be holding the best possible share that is out there in the market and yet things can go the way that you weren’t expecting because the nature of the market is such. There are a lot of top shares in the market that belongs to TATA, Ambani, Adani, and other such groups of companies and people go ahead and buy them without thinking much as they belong to reputed people. After some time it can be confusing what to do with such a stock. In this article, we will discuss Adani Wilmar Stock – Hold or Sell? We will answer that and we will also discuss Adani Wilmar results today.

Adani Wilmar Stock – Hold or Sell?

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The answer to this question is not as simple as one might expect it to be as there are a lot of aspects to look at and a lot to consider before we can arrive at an answer. Let us first learn more about this company and its stock. Later on, we will cover Adani Wilmar results today and discuss whether you should keep this stock or sell it.

Adani Wilmar Company

Adani Wilmar website | Adani Wilmar Stock - Hold or Sell?

Adani Wilmar is a part of the Adani group of companies as you might have made from its name. The company is in the business of FMCG products which means they produce and sell fast-moving consumer goods like soap, edible oil, snacks, sanitizer, etc. The company has established itself as the number 1 player in the edible oil market and the company itself ranks in the top 10 FMCG companies in India. Adani Wilmar does not stop here as they are also involved in making and supplying industry essential products.

The company had more than 20 manufacturing plants. Through their efforts, the company has reached more than 90 million households. The distributor network of the company includes more than 5,500 channels which have helped achieve such a huge reach possible. Some of the products of the company include specialty fats, vanaspati, oleo chemicals, castor, rice, and soya chunks among others. The company is a collaboration between Adani Group and Wilmar International and since two big companies are involved you can understand how big a business we are talking about.

Information about Adani Wilmar Stock 

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Adani Wilmar’s stock came out in January this year. The applications were open between 27th January and 31st January and their shares got listed on BSE as well as NSE on 8th February. Each share had a face value of 1 rupee and the price band was set between 218 and 230 rupees. It was a book-building IPO and the issue size was 3,600 crore. Each lot had a total of 65 shares. The employees got a discount of 21 rupees per share. The QIBs got assigned 50% of the total quota of shares, NII got 15% of the total quota of shares, and 35% of shares were allowed to the retail quota.

The shares were allotted on 3rd February and on 4th February refunds were initiated. Shares were credited to the accounts of the holders on 7th February. Since the price of the stock was set at 230 rupees and each lot had 65 shares, the price of one lot total came to 14,950 rupees and a maximum of 13 lots or 845 shares were purchasable by a retail investor for a total of 1,94,350 rupees.

As expected the share was oversubscribed when the IPO applications were out for it. The share was subscribed for a total of 17.37 times of which QIBs subscribed 5.73 times, NIIs subscribed 56.30 times, Retail investors subscribed 3.92 times and employees subscribed 0.51 times, while other subscriptions went up to 33.33 times.

The share opened on NSE and BSE at 227 and 221 rupees respectively. 227 and 221 were also the day’s low prices for the share on both markets. The highs on both markets were 271.25 and 265.20 rupees respectively. The last trade prices in NSE and BSE were recorded at 268.25 and 265.20 rupees. The IPO registrar of this IPO was Link Intime India Private Ltd.

Future of Adani Wilmar Stock – Hold or Sell?

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We might have to look at Adani Wilmar target price 2023 to get an idea of the future of this stock, Adani Wilmar results today to get an idea of the present-day scenario of the stock to get some context based on which we can make an educated and well-rounded decision.

When considering whether to hold or sell Adani Wilmar’s stock there are a lot of points that need to be taken into account.

  • In its most recent trading session the share closed at a price lower than its previous session which means that it had a loss-making session on the day the article was being written.
  • The company’s annual revenue grew at 46.22% which was more than its CAGR for the last three years which stood at 23.17%.
  • Of the total operating revenue this company has spent less than 1% on expenses and 0.72% on the employee cost in a year that ended on 31st March 2022.
  • In the last month, the share has made an overall loss just like it has done on the last day as well. But if we consider the last 3 months of the share then it has given a positive return to the investors.
  • The total income growth and total expenses growth of the company went down in this last quarter compared to its previous quarter. The percentage of earnings before interest and tax went up while the profit after tax also went down.
  • The company’s total asset growth percentage has gone up compared to its previous quarter. The company’s total liability growth percentage has gone up compared to its previous quarter. The company’s total equity growth percentage has gone up compared to its previous quarter.
  • The company’s Closing Cash & Cash Equivalent Growth percentage has gone up compared to the previous financial year.
  • The stock has gained between 0 and 1% value 12.9% of the time. It has gained 1 to 2%, 6.2% of the time. A 2 to 5% growth was seen in the value of this stock 19.1% of the time. The company stock gained value between 5 to 10%, 6.2% of the time. Lastly, it gained more than 10% value 1.7% of the time.
  • The stock has lost value between 0 and 1% value 13.5% of the time. It lost value between 1 and 2%, 18.5% of the time. A 2 to 5% fall was seen in the value of this stock 12.9% of the time. The company stock lost value between 5 to 10%, 5.6% of the time. Lastly, it never lost more than 10% value in any of the trading sessions.
  • Currently, the promoters hold 1,14,29,48,860 shares or 87.94% of the total available. FII owns 1,95,18,577 shares or 1.5% of the total. DII owns 5,01,036 shares or 0.04%. MF holds 905 shares which is a very small percentage. The Remaining 13,67,10,132 shares or 12.02% are owned by other parties.

Some Other Important Points

Here are some more points that will help you decide whether to keep this stock or not.

  • The all-time low price of the share came on the very first day at 227 rupees and since then it has not crossed that mark again. The all-time high price of the share is 878 rupees.
  • One of the company’s strengths is that it has low debt.
  • One of its weaknesses is the negative breakdown of first support.
  • One of the opportunities of this stock has been its high recovery from its all-time low prices.
  • Adani Group is looking to raise 10 billion dollars in a bid to expand its funds.
  • The community sentiment on Money Control has 69% buying sentiment as opposed to 26% sell sentiment. The remaining 5% have opted to hold their current quantity.
  • Adani Wilmar’s Consolidated Net Sales for June 2022 was 14,731 crores which was 30.23% over its year-on-year growth. Their Standalone Net Sales for June 2022 were 14,024.23 crores which was 23.98% over its year-on-year growth.

Also Read: Indian Stock Market Holidays 2023 List

Adani Wilmar Target Price 2023

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Adani Wilmar’s share came out in 2022 in January and became tradable in February. The company belongs to Adani’s group of companies and is made in collaboration with an international company so there were always going to be a lot of eyes on the company. The share was oversubscribed and had very high expectations as well which is why the investors and analysts had Adani Wilmar target price predicted in advance for the years 2022, 2023, 2024, 2025, and even 2030. So let’s look at these numbers that should help you make a decision on Adani Wilmar stock – hold or sell? After that, we can cover Adani Wilmar results today.

Adani Wilmar Share Price in 2022

Since the stock came out in January end and debuted in February there were no price expectations in those months. Starting from March the price range was set between 360 and 380 rupees with the max price being set at 385 rupees. In April the price range was set between 381 and 395 rupees with 400 rupees being the max price. For May the price range was set between 404 and 412 rupees with the max price being set at 417 rupees. In June the price range was set between 414 and 421 rupees with the max price being set at 424 rupees.

For July the price of the stock was expected to be between 420 and 428 rupees with the max price being 431 rupees. Then in August, the price of the stock was expected to be between 431 rupees and 440 rupees, and the max price was expected to be 444 rupees. In September the price was expected to be between 443 and 450 rupees and the max price was set at 452 rupees.

For October the target is set between 456 and 463 rupees with the max price also being set at 463 rupees. For November the price expectation is set between 464 and 470 rupees with the max price set to be 475 rupees. And lastly, for December, the price has been set between 470 and 487 rupees with the max price being set at 490 rupees.

Adani Wilmar stock made fun of all these numbers as we are just in October and the stock’s all-time high price has touched the value of 878 rupees already. The current price of the stock is more than 600 rupees and so it has already passed all the expectations set for this year.

Adani Wilmar Expected Share Price in 2023

Stock chart on a mobile | Adani Wilmar Stock - Hold or Sell?
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In January the price of the stock is expected to be between 490 and 500 rupees with the max price being 503 rupees. The expectation for February states that the price is expected to be between 505 and 515 rupees with the max price being 517 rupees. For March the price range is set between 513 and 507 rupees with the max price being set at 513 rupees. In April the price range is set between 511 and 518 rupees with 520 rupees being the max price. For May the price range is set between 520 and 529 rupees with the max price being set at 533 rupees. In June the price range is set between 530 and 537 rupees with the max price being set at 542 rupees.

For July the price of the stock is expected to be between 540 and 555 rupees with the max price being 559 rupees. Then in August, the price of the stock is expected to be between 557 rupees and 563 rupees, and the maximum price is expected to be 567 rupees. In September the price is expected to be between 565 and 570 rupees and the max price was set at 575 rupees.

For October the target is set between 572 and 579 rupees with the max price also being set at 583 rupees. For November the price expectation is set between 580 and 589 rupees with the max price set to be 597 rupees. And lastly, for December, the price has been set between 490 and 597 rupees with the max price being set at 600 rupees.

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Again these predictions are not painting a good picture as the figures have been crossed this year itself, to match the predictions for 2023 would mean that the performance of the stock would have to be bad instead of good and that is surely not acceptable. If that does happen then in that case the answer to Adani Wilmar stock – hold or sell? would be to sell.

Adani Wilmar Expected Share Price in 2024

In January the price of the stock is expected to be between 603 and 609 rupees with the max price being 611 rupees. The expectation for February states that the price is expected to be between 611 and 618 rupees with the max price being 620 rupees. For March the price range is set between 621 and 627 rupees with the max price being set at 629 rupees. In April the price range is set between 634 and 640 rupees with 645 rupees being the max price. For May the price range is set between 640 and 645 rupees with the max price being set at 649 rupees. In June the price range is set between 653 and 661 rupees with the max price being set at 662 rupees. For context, you can compare this price with Adani Wilmar results today.

For July the price of the stock is expected to be between 661 and 667 rupees with the max price being 670 rupees. Then in August, the price of the stock is expected to be between 670 rupees and 680 rupees, and the max price is expected to be 683 rupees. In September the price is expected to be between 681 and 688 rupees and the max price was set at 696 rupees.

For October the target is set between 689 and 694 rupees with the max price also being set at 685 rupees. For November the price expectation is set between 691 and 698 rupees with the max price set to be 701 rupees. And lastly, for December, the price has been set between 702 and 720 rupees with the max price being set at 725 rupees.

Adani Wilmar results today show the share price to be almost 700 rupees. The price expectations start on value below the current price of the share, however, after the first half of the year ends the price expectations start moving upward from the current price of the stock which can be good news and something to look forward to for the investors.

Adani Wilmar Expected Share Price in 2025

Stock charts on laptop
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In January the price of the stock is expected to be between 720 and 727 rupees with the max price being 734 rupees. The expectation for February states that the price is expected to be between 730 and 739 rupees with the max price being 740 rupees. For March the price range is set between 740 and 749 rupees with the max price being set at 757 rupees. In April the price range is set between 750 and 755 rupees with 755 rupees being the max price. For May the price range is set between 756 and 761 rupees with the max price being set at 762 rupees. In June the price range is set between 760 and 767 rupees with the max price being set at 767 rupees.

For July the price of the stock is expected to be between 770 and 777 rupees with the max price being 780 rupees. Then in August, the price of the stock is expected to be between 781 rupees and 785 rupees, and the max price is expected to be 788 rupees. In September the price is expected to be between 790 and 794 rupees and the max price was set at 795 rupees. For October the target is set between 792 and 800 rupees with the max price also being set at 804 rupees. For November the price expectation is set between 800 and 806 rupees with the max price set to be 811 rupees. And lastly, for December, the price has been set between 810 and 817 rupees with the max price being set at 825 rupees.

The predictions for the year 2024 look promising as it predicts that the share will start to march towards its all-time-high price and that would surely be welcomed by the investors. But we only know the Adani Wilmar results today and nobody can say for sure how it will perform in the future

Adani Wilmar Expected Share Price in 2030

Stock chart on black screen | Adani Wilmar Stock - Hold or Sell?
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In January the price of the stock is expected to be between 1,307 and 1,319 rupees with the max price being 1,320 rupees. The expectation for February states that the price is expected to be between 1,321 and 1,330 rupees with the max price being 1,331 rupees. For March the price range is set between 1,332 and 1,340 rupees with the max price being set at 1,345 rupees. In April the price range is set between 1,345 and 1,352 rupees with 1,352 rupees being the max price. For May the price range is set between 1,356 and 1,365 rupees with the max price being set at 1,368 rupees. In June the price range is set between 1,370 and 1,379 rupees with the max price being set at 1,381 rupees.

For July the price of the stock is expected to be between 1,382 and 1,390 rupees with the max price being 1,394 rupees. Then in August, the price of the stock is expected to be between 1,395 rupees and 1,405 rupees, and the max price is expected to be 1,410 rupees. In September the price is expected to be between 1,410 and 1,421 rupees and the max price was set at 1,432 rupees. For October the target is set between 1,423 and 1,444 rupees with the max price also being set at 1,449 rupees. For November the price expectation is set between 1,445 and 1,457 rupees with the max price set to be 1,460 rupees. And lastly, for December, the price has been set between 1,464 and 1,478 rupees with the max price being set at 1,503 rupees.

So if we jump to 2030 then the price of the shares get almost doubled. This is the scenario for them in 2030 through 2022 and this would surely change the answer for Adani Wilmar stock – hold or sell? to hold for a lot of investors out there. Let us now take a look at Adani Wilmar results today.

Adani Wilmar Results Today

Trading session
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Earlier we said that the price of the share in its last trading session before the article was written was a loss-making session. On October 27th, the share value fell from 678.40 rupees on the previous day to 670.55 today. It was a 7.85 rupee fall or a 1.16% fall on the day. The price moved between 665 and 685 rupees on the day which were its high and low values for the day. The share opened at 683.80 rupees on the day as opposed to the 678.40 rupees that it closed on the previous day.

The upper circuit limit for the stock was 746.20 rupees and the lower circuit limit for the stock was 610.60 rupees. The volume on the day stood at 16,68,705 as opposed to the 20-day average which stood at 36,37,754. The 20-day average delivery stood at 13,87,336. The market cap of the share is 87,149 crores. The TTM EPS of the share was 6.24 which was down by 89.10% year on year basis. The TTM PE was at an average value of 107.46 while the P/B ratio was at an average value of 11.82 and 60.25 was the sector PE. The face value of the share was 1 rupee while the book value per share was 56.77 rupees.

Adani Wilmar results today show that it is also just like any other stock. The price may go up and come down now and then that is how the market works. However, the one big positive for this stock has been its price which has never come close to its all-time low again all year. Another good thing to take away from this stock is the fact that its price has multiplied more than 3 times and it’s not even been a year since the stock got listed on NSE and BSE.

Favorable ratings on the money control platform and from analysts also spell good news for the stock which coincides with its future price expectation. While the targets for the next year or two have been already met the long-term target sees the share cross the 1,000 rupee mark and if the past performance of the stock is anything to go by then we all know that no number is impossible to achieve especially with a share as reputed as and belonging to that of Adani group. Now you know all about Adani Wilmar results today.

Also Read: Chemplast Sanmar IPO Date, Share Price, GMP

Adani Wilmar Latest News

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The top Adani Wilmar latest news that you need to hear about is the price jump that the share had on Diwali mahurat day. Multiple Adani shares rallied over 100% and one even breached the 200% mark. Adani Wilmar shares itself saw a jump of 197% as its price went to 682 rupees which were almost triple its base price of 230. However, in contrasting news, the company also saw low revenue growth which was a huge blow for the investors. We know the Adani Wilmar results today but who knows how it will perform in the future

If you were to follow the stock daily then you would know that there is a lot of good and bad stuff going around the company which leaves the investors in a mixed mood regarding the question of Adani Wilmar stock – hold or sell? However, true market investors know the power of Adani and the reasons why the stock has more to offer in terms of the share price. The future price prediction of the stock of the company also paints a positive picture and so there is no reason to worry about this share.

We have shared everything you need to consider before taking a call on Adani Wilmar stock – hold or sell? We also went over Adani Wilmar results today to give you a better picture of how the stock is performing. In the end, we can only make certain estimations when it comes to stocks. Make sure you have done your research properly before making a decision about buying or selling any stock.

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