Adani Group has fully divested from AWL Agri Business, formerly Adani Wilmar, by selling its remaining 10.42% stake to investors from the US, UK, Middle East, and India. The block trade occurred at Rs 275.5 per share. This follows Adani Enterprises’ prior sale of a 20% stake to Wilmar International for Rs 7,150 crore.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj