Sale Buzz Hits Adani Wilmar

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Mumbai: The shares of Adani Wilmar fell up to 5 per cent on Wednesday amid reports the Adani group is looking to sell a large part of its stake in the company to concentrate on its core business such as infrastructure, green energy and airports.

Adani Wilmar which is a joint venture between Adani group and Wilmar of Singapore is present in the food FMCG segment that includes edible oil, sugar, flour, rice, pulses and sugar.

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