JPMorgan sees Adani Wilmar shares going nowhere in next one year - Economic Times


3/22/2022 12:00:00 AM3 years 1 month ago
by Shubham Raj

Analysts at the brokerage house believe that the stock is perfectly priced now. They have a ‘neutral rating with base case March 2023 target price at Rs 367 on the stock, which is nearly 6 per cent below the last closing price.

NEW DELHI: Share price of Adani Wilmar, the latest Adani Group company to get listed on exchanges, may not go anywhere, believes JP Morgan. The foreign brokerage has initiated coverage on the stock. … [+1776 chars]

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