In just two months, Adani Wilmar's stock has increased by more than 250 percent. Its stock price increased from INR 221 on February 8, 2022 to INR 803 today. The Adani Wilmar initial public offering (IPO) began on January 27, 2022, with an issue price range of 218 to 230. At the start of this calendar year, the company raised INR 3,600 crore through an initial public offering (IPO). Meanwhile, Adani Wilmar's market capitalization has surpassed INR 1 lakh crore. Indonesia's latest proposal to prohibit palm oil exports starting April 28 will raise edible oil prices.

Key Points

• In just two months, Adani Wilmar's stock has increased by more than 250 percent.

• Indonesia's latest proposal to prohibit palm oil exports starting April 28 will raise edible oil prices.