Adani wilmar is a recently listed company in stock exchange in both BSE and NSE. Adani wilmar was listed on 8 February 2022 atta price of 227 rupees and on the same day it is jumped 18 percentage, next day it is jumped 20 percentage in upper circuit hit on that day. On 10th February that is on another next day it another 20% upper circuit. What we are predicting that this stock could become a multibagger in the the coming period.
Point to be noted here is that Adani wilmar is trading at a discounted price. If we start comparing with its Peer companies like Marico, Britannia, HUL, Ruchi Soya. It will come to be notice that Adani Wilmar at low P/E as compared with its peer. Most important thing in case of Adani wilmar all the shares that they are offering are for fresh share allotment that is there is no OFS. So all these fund are going to come to the Adani wilmar only so it could be used for the the sake of company.
So here we could say a strong recommendation on a by call and buy it and hold it for at least to hear it could become a multibagger.