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Adani Group has raised Rs 4,850 crore by selling a 13.5% stake in Adani Wilmar, part of its strategy to exit non-core businesses and focus on infrastructure. The transaction attracted significant...

Adani Wilmar shares climbed 5% after Adani Enterprises announced the demerger of its food-FMCG division. The move aims to unlock value for shareholders and focus on the edible oil business.

Adani Enterprises is demerging its food-FMCG division and strategic investments in Adani Commodities to Adani Wilmar to focus on growth and profitability.

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.