Flipkart exits Blackbuck, Aditya Birla Fashion in block deals worth over Rs 1,250 croreThis comes at a time when the broader market is rebounding, following a steep fall at the start of the year. The recent recovery is witness...
Flipkart exits Aditya Birla Fashion and Retail in Rs 582 crore bulk deal; ABFRL stock tumbles 11%Flipkart Investments Private Limited divested its 6% stake in Aditya Birla Fashion & Retail. The sale occurred in a bulk deal for Rs 582 cr...
ABFRL Demerger: Did Aditya Birla Fashion shares really tank 67 pc? Why investors are seeing a sharp dropAditya Birla Fashion and Retail (ABFRL) shares plummeted by 67% following the demerger of its Madura Fashion & Lifestyle business into Adit...
Aditya Birla Fashion demerger record date on Thursday. 6 key things to knowAditya Birla Fashion & Retail traded ex-demerger ahead of the May 22 record date. Shareholders on record will receive shares of Aditya Birl...
ABFRL shares fall 4% even after Q3 net loss narrows, revenue risesABFRL share price: Aditya Birla Fashion and Retail Ltd (ABFRL) reported a narrower net loss of Rs 51.3 crore for Q3 FY24 against Rs 77.9 cr...
Aditya Birla Fashion to raise $500m via QIP, preferential issueAditya Birla Fashion and Retail will raise $500 million through a mix of preferential issuance and QIP to reduce debt and boost growth. Adi...
ABFRL to raise Rs 2500 crore after dermerging Madura business into new separate listed entity Aditya Birla Lifestyle BrandsABFRL plans to raise Rs 2500 crore by splitting its retail business, creating ABLBL with brands like Louis Phillippe, Peter England, and Sa...
TCNS Clothing shares crash 19% as Aditya Birla Fashion to acquire majority stakeAditya Birla Fashion & Retail's acquisition of a 51% stake in TCNS Clothing has led to a 19% drop in the latter's stocks. ABFRL aims to acq...
5 reasons Aditya Birla Fashion is stock pick of the weekAditya Birla Fashion is launching new brands and re-energising existing ones to strengthen its position. It plans to create a portfolio of ...
Birla venture gets Tahiliani, Sabyasachi to do up its growth plansA big trigger for the stock, of late, has been a substantial improvement in the company’s operating cash flow.
Aditya Birla Fashion's long-term outlook will improve: Why it is this week's stock pickThough Covid-induced short-term woes will continue, long-term outlook will improve after Flipkart deal. The capital infusion will help ABFR...
Flipkart notifies CCI of proposed deal with Aditya Birla Fashion and RetailEarlier in October, ABFRL and Flipkart had announced that they had entered into an agreement for the stake sale on a fully-diluted basis by...
ABFRL sheds 4% on alleged FDI violation in Flipkart dealThe Confederation of All India Traders (CAIT) wrote to Commerce Minister Piyush Goyal in this regard urging him to prohibit ABFRL from dire...
Will ABFRL stock hit Rs 200 mark after big Flipkart deal?The stock, which was up 14 per cent intraday, traded 8.5 per cent higher at Rs 166.50, as that prevailing price was far lower than Rs 205 t...
Buy Aditya Birla Fashion, target price Rs 180: Motilal OswalThe brokerage believes this significant correction provides a strong entry opportunity in the ABFRL stock .
Aditya Birla Fashion sales increase 8% in Q1A year ago, ABFRL had net profit of Rs 6 crore on revenues of Rs 1914 crore.
Aditya Birla Fashion and Retail posts Rs 10 cr loss for Q2ABFRL's total income stood at Rs 1,811 crore during the quarter under review, down marginally.