Aditya Birla Capital is currently trading at Rs. 147.10, up by 1.15 points or 0.79% from its previous closing of Rs. 145.95 on the BSE.
The scrip opened at Rs. 146.85 and has touched a high and low of Rs. 149.15 and Rs. 144.30 respectively. So far 111551 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 162.50 on 08-Dec-2022 and a 52 week low of Rs. 85.70 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 157.35 and Rs. 139.35 respectively. The current market cap of the company is Rs. 35798.40 crore.
The promoters holding in the company stood at 71.05 % while Institutions and Non-Institutions held 15.28 % and 12.81 % respectively.
Aditya Birla Capital has received an approval from the Board to sell its entire stake in Aditya Birla Insurance Brokers (ABIBL) to Edme Services for an undisclosed amount. The proposed deal includes the sale of the entire 25,65,103 equity shares of Rs 10 each held by the company (along with its nominees), representing 50.002 per cent of the issued and paid-up share capital of ABIBL to Edme Services.
The purchaser is part of the Samara Capital Group and an affiliate of Samara Alternate Investment Fund. The proposed transaction is subject to receipt of the approval of the Insurance Regulatory and Development Authority of India (Irdai). The proposed transaction is expected to be completed within 120 to 180 days from the execution of the share purchase agreement (SPA).
Aditya Birla Capital continuously evaluates strategic opportunities for its businesses with the long-term objective of creating stakeholder value. In line with this, the Board of Directors of the Company at its meeting held on March 27, 2023, has approved the sale of its entire stake in Aditya Birla Insurance Brokers (a non-material subsidiary of the Company) subject to requisite approvals.
Aditya Birla Capital is one of the largest financial services players in India.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 6816.70 |
| Shriram Finance | 2929.70 |
| Aditya Birla Capital | 184.35 |
| SBI Cards AndPayment | 679.45 |
| Mah & Mah Finl. Serv | 265.60 |
| View more.. | |
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