Adani Wilmar Limited is an Indian multinational FMCG company that is engaged in the business of edible oil, food, and consumer staples. The company was founded in 1999 and is headquartered in Ahmedabad, Gujarat. Adani Wilmar is the largest edible oil company in India and has a significant presence in the food and consumer staples segment.
The share price of Adani Wilmar has been on an upward trend in recent years. The company’s stock price has more than doubled in the past five years. This is due to a number of factors, including the growing demand for edible oil in India, the company’s strong financial performance, and the government’s focus on self-reliance in the edible oil sector.
Adani Wilmar Share Price Target for 2023
The share price target for Adani Wilmar for 2023 is between ₹485 and ₹506. This is based on the company’s strong fundamentals and the positive outlook for the edible oil sector. The company is expected to benefit from the growing demand for edible oil in India, as well as the government’s focus on self-reliance in the edible oil sector.
Adani Wilmar Share Price Target for 2024
The share price target for Adani Wilmar for 2024 is between ₹550 and ₹575. This is based on the company’s expected strong financial performance in the next two years. The company is expected to continue to grow its revenue and profit margins, driven by the increasing demand for its products.
Adani Wilmar Share Price Target for 2025
The share price target for Adani Wilmar for 2025 is between ₹650 and ₹700. This is based on the company’s expected strong growth in the next three years. The company is expected to continue to benefit from the growing demand for edible oil in India, as well as the government’s focus on self-reliance in the edible oil sector.
Adani Wilmar Share Price Target for 2026
The share price target for Adani Wilmar for 2026 is between ₹750 and ₹800. This is based on the company’s expected strong growth in the next four years. The company is expected to continue to grow its revenue and profit margins, driven by the increasing demand for its products.
Adani Wilmar Share Price Target for 2030
The share price target for Adani Wilmar for 2030 is between ₹1000 and ₹1200. This is based on the company’s expected strong growth in the next seven years. The company is expected to continue to benefit from the growing demand for edible oil in India, as well as the government’s focus on self-reliance in the edible oil sector.
It is important to note that these are just share price targets and the actual share price may vary. However, the factors mentioned above are likely to have a positive impact on the share price of Adani Wilmar in the coming years.
Is Adani Wilmar a good investment for the long term?
Yes, Adani Wilmar is a good investment for the long term. The company has a strong track record of growth and is well-positioned to benefit from the growing demand for edible oil in India and abroad. The company is also backed by the government’s focus on self-reliance in the edible oil sector.