Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00477815699658705 -0.00477815699658705 -0.00477815699658705
Stock impact report

Adani, Wilmar to Start Stake Sale in Joint Venture Next Month [Yahoo! Finance]

Jefferies Financial Group Inc. (JEF) 
Last jefferies financial group inc. earnings: 10/25 04:42 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg The majority owners of Adani Wilmar are planning to sell a roughly 13% interest in the company — valued at about $736 million based on Monday's closing price - to comply with Indian securities laws, the people said, asking not to be identified discussing confidential information. Local regulations require at least a 25% shareholding should be with non-founders within three years of listing. Adani Wilmar's stock climbed 2.1% on the news, and closed 1.4% higher on Monday. The shares have advanced 3% this year, giving the company a market value of $5.7 billion. The broader gauge S&P BSE Sensex has risen almost 15%. Since the flagship of billionaire Gautam Adani's conglomerate and Wilmar hold almost 44% each in Adani Wilmar, this 88% overall shareholding needs to be pared down to 75% by February when the three-year grace period ends. The stake could be sold in one or two tranches by February and advisers will soon start meeting investors in the US, Southe Show less Read more
Impact Snapshot
Event Time:
JEF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JEF alerts
Opt-in for
JEF alerts

from News Quantified
Opt-in for
JEF alerts

from News Quantified