How will the AWL Share Price move with the Adani acquisitions?
Last 2 years we have seen major acquisitions by the Adani group like Kohinoor, Ambuja, SB Energy, DB Power, SPPL, EREPL, and more. How to analyze their performances in an integrated economy?
Adani Wilmar Ltd. consists of some of the top kitchen essentials in the market today. The AWL share price continues to be one of the most attractive investment opportunity for investors. India is a growing market right now with lot of potential in the food market. Combined with that we have a growing potential with a stronger spending power due to the globalization over the last few decades. There is expected to more purchases in the coming few quarters that is sure to widen the coverage of Adani Wilmar in the food market.
“We are looking at acquiring brands in staple foods and distribution companies to boost our consumer goods offering and reach,” Angshu Mallick, chief executive officer and managing director at Adani Wilmar, said in an interview.
If the purchase of Kohinoor from McCormick Switzerland GMBH was not enough to boost their footprint in the FMCG category, AWL shareholders would be delighted to learn that we can expect more such acquisitions on the line helping AWL move to the next phase of their expansion. Let us learn more about how the different acquisitions can influence the AWL share price and the overall Adani business metrics as a whole.
There are a variety of brands in India today that has a good potential to succeed given a platform to launch themselves. The Adani Wilmar group is aiming to analyze the potential of such staple food along with distribution companies and predict the long term profitability before acquiring them. In addition to domestic companies, Adani group is also scouting for overseas acquisition targets that would help them expand in this sector.