Aditya Birla is currently trading at Rs. 185.50, up by 5.85 points or 3.26% from its previous closing of Rs. 179.65 on the BSE.
The scrip opened at Rs. 184.60 and has touched a high and low of Rs. 190.65 and Rs. 182.95 respectively. So far 555697 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.40 on 03-Jul-2023 and a 52 week low of Rs. 139.35 on 27-Mar-2023.
Last one week high and low of the scrip stood at Rs. 192.30 and Rs. 172.80 respectively. The current market cap of the company is Rs. 48100.40 crore.
The promoters holding in the company stood at 68.98%, while Institutions and Non-Institutions held 18.14% and 12.02% respectively.
Aditya Birla Capital has received approval from Board of Directors to merge its wholly-owned subsidiary ‘Aditya Birla Finance’ with itself. Aditya Birla Capital is a listed systemically important non-deposit taking core investment company (NBFC-CIC). Aditya Birla Finance is a non-deposit taking systemically important NBFC (NBFC-ICC).
Post completion of the amalgamation, Aditya Birla Capital will get converted from a holding company to an operating NBFC. This will create a unified large entity with a greater financial strength and flexibility enabling direct access to capital. This will also help the Company to maximise its share of opportunities by efficient utilisation and allocation of capital.
The proposed amalgamation will lead to consolidation of the businesses and operational synergies and resulting in the expansion and long-term sustainable growth. This will enhance value for various stakeholders of the Company. This will also lead to seamless implementation of policy changes and reduction in the multiplicity of legal and regulatory compliances.
Aditya Birla Capital is one of the largest financial services players in India.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 6685.45 |
| Shriram Finance | 2852.45 |
| Aditya Birla Capital | 186.55 |
| SBI Cards AndPayment | 679.45 |
| Mah & Mah Finl. Serv | 263.55 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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