Will the recent 9% gain in Adani Wilmar shares be sustained?

The stock's one-year high was Rs. 509.40, reached on May 24, 2018, and it traded 23.05 percent lower at this price. After reaching a 52-week low of Rs. 285.85 on November 20, 2023, the stock has risen 36.65% despite the aforementioned decline, according to Gautam Adani news.