Grey Market predictions about Adani Wilmar before listing

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Grey Market predictions about Adani Wilmar before listing
08 Feb 2022
4 min read

News Synopsis

The F.M.C.G.  branch of the Adani group, Adani Wilmar is all set to debut on the Indian Stock Market. However the recent panic selloff observed in the global as well as the Indian market could be a problem for the new debutant. In the unofficial market, the company is only commanding a premium 10% premium on its issue price which was earlier around more than 30%. Hence the company is expected to make a subtle debut on the market. Adani Wilmar offers a different variety of f.m.c.g. products under the brand name of fortune. It offers edible cooking oil, wheat flour, pulses, rice, etc. Other than this it also offers personal hygiene products such as soap, handwash, sanitizers, and other essentials

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