Adani Wilmar Faces Sustained Stock Decline Amid Challenging Market Conditions

Jan 24 2025 02:05 PM IST
share
Share Via
Adani Wilmar's stock has faced significant challenges, hitting a new 52-week low and experiencing three consecutive days of losses. The stock is trading below all major moving averages and has declined over 20% in the past month, underperforming the broader market index.
Adani Wilmar, a prominent player in the FMCG sector, has experienced a notable decline in its stock performance today, with a loss of 3.29% as of January 24, 2025. The stock reached a new 52-week low of Rs. 252.6, reflecting a challenging market environment. Throughout the day, Adani Wilmar's stock underperformed its sector by 3.74%, indicating a broader trend of weakness.

The stock has been on a downward trajectory, marking three consecutive days of losses, totaling a decline of 5.67% over this period. Intraday trading saw the stock hit a high of Rs. 267.4, representing a modest gain of 2.24%, before ultimately closing lower. The day's low was recorded at Rs. 252.6, down 3.42%.

In terms of moving averages, Adani Wilmar is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a sustained bearish trend. Over the past month, the stock has declined by 20.92%, significantly underperforming the Sensex, which saw a modest decrease of 2.56%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News