In the past week, at $21.5 billion, group chairman Kumar Mangalam Birla surpassed Radhakishan Damani ($20.5 billion), Cyrus Poonawalla ($20.4 billion), and KP Singh ($20.1 billion) in terms of net worth to become the sixth wealthiest individual in...
The group's market capitalisation surged $4.4 billion on Thursday, marking the highest-ever gain for the group in a single day.
Mumbai: Successful completion of Vodafone Idea's ₹18,000-crore follow-on public offering (FPO) has triggered a re-rating of most of the Aditya Birla Group stocks, which predominantly focuses on commodities.
Since the ₹5,400-crore anchor book of Vodafone was fully subscribed last Tuesday, the group has gained $8 billion, or ₹65,000 crore, in market capitalization to ₹8.1 lakh crore on Thursday.
The group's market capitalisation surged $4.4 billion on Thursday, marking the highest-ever gain for the group in a single day.
In the past week, at $21.5 billion, group chairman Kumar Mangalam Birla surpassed Radhakishan Damani ($20.5 billion), Cyrus Poonawalla ($20.4 billion), and KP Singh ($20.1 billion) in terms of net worth to become the sixth wealthiest individual in India, showed the Forbes Real Time Billionaires' List.
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in history2026-06-12T07:34:26Z
