Adani Wilmar hits fresh lifetime high; stock ends 5% higher

1 Apr 2022 , 04:09 PM

Shares of Adani Wilmar (AWL) hit a new lifetime high on the BSE on Friday. The stock was locked at a 5 per cent upper circuit at Rs543.35 on the BSE.

Today during the morning trading session, a combined 13.32 million equity shares had changed hands and there are pending buy orders for around 7 lakh shares on the NSE and BSE.

In the past one week, the stock has surged 30 per cent as compared to a 2.3 per cent rise in the S&P BSE Sensex and it has zoomed 136 per cent from its issue price of Rs230 per share.

The stock ended at Rs543.35 up 5% on the BSE. The scrip opened at Rs527.70 and touched a high and low of Rs543.35 and Rs520.65 respectively.

The company had raised Rs3,600 crore through an initial public offer (IPO) and had debuted on the bourses on February 8, 2022.