Adani Wilmar Stock Jumps 7%

New Delhi: Shares of edible oil firm Adani Wilmar Ltd on Thursday jumped nearly seven per cent after the company reported a consolidated net profit of Rs311.02 crore for the second quarter of this fiscal year on higher income. The company’s stock surged 6.71 per cent to close at Rs340.30 apiece on the BSE. During the day, it zoomed 8 per cent to Rs344.60. On the NSE, it soared 6 per cent to settle at Rs337.50 per piece. In terms of volume, 7.57 lakh shares of the firm were traded on the BSE and 79.70 lakh shares exchanged hands on the NSE during the day. The company had posted a net loss of Rs130.73 crore in the year-ago period. Its total income rose to Rs14,565.30 crore during the July-September period of this fiscal from Rs12,331.20 crore in the year-ago period, according to a regulatory filing on Thursday.