Gautam Adani (Gonzalo Lanzilotta for Benzinga)

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Shares of the Adani Group were rocketing on Tuesday morning as media reports suggested that the US government looked into the allegations of corporate fraud before approving a hefty loan of up to $553 million for a Sri Lankan container terminal project.

Adani Group Stocks Continue Strong Recovery: What&#39;s Going On?

Adani Refinancing Talks

Asset Sales

Adani Wilmar is a key player in the edible oil sector. In the previous fiscal year, the company reported a net profit of ₹607 crore on revenue of ₹55,262 crore.

Adani Wilmar Stake Said To Be On Chopping Block As Group Looks Shore Up Cash

Stocks Photo by Jirapong Manustrong on Shutterstock

Adani Power Sizzles, While Ports And Ambuja Cement Fizzle: Week In Review

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Rumors

In an exchange filing on Wednesday, the company it is &#34;unable to comment on media speculation and rumours and it would be inappropriate on its part to do so.&#34;

Adani Wilmar Says &#39;No Comments&#39; On Rumoured Adani Group Stake Sale

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Adani Wilmar shares continued to trade lower for the third straight session on Wednesday. Shares of the Adani Group company have been under pressure since it posted the June quarter results. Today, the news of Adani Enterprises mulling selling its stake in the company further dampened the sentiments around the stock.

If You Invest ₹10,000 In Adani Wilmar Today, Here&#39;s How Much You&#39;d Have If Stock Hits All-Time High

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