Adani Wilmar Share Price loses by 3%, what you need to know
Adani Wilmar share price loses by 3% on November 20 resulting in significant loss in momentum for two days. The stock of slips by 2.71% and has reache
Adani Wilmar share price loses by 3% on November 20 resulting in significant loss in momentum for two days. The stock of slips by 2.71% and has reached to the lowest of the year at a price of 287. The Adani Wilmar Ltd share price has seen significant loss of almost 15% already in through the year. And if we considers year after year, it a seen a massive drop of 52%. Acccording to the reports, this is result of a report which said, Adani group is talking to Multinational Consumer Goods companies to sell all their share holdings of 43.97% in the company. The market analysts are considering this stock as potentially weak . They foresee another possible drop in the price in near future. DRS Finvest founder Ravi Singh said: This stock looks very weak. It can slip down to 265 rupees in any time soon, and the highest resistance speculated is around 295. DRS Finvest founder Ravi Singh on Adani Wilmar Ltd share price AR Ramchandran from Tips2Trade has advised: Adani Wilmar is under recession, but acc…