aditya birla capital

Analysts are bullish on Adani Enterprises, HAL, and Trent, citing growth drivers like new energy and engine co-production. Aurobindo Pharma's biologics expansion shows promise but financial gains are distant. aditya birla capital's housing finance arm impresses with strong loan growth and improved asset quality, despite minor revenue misses.

A large cap company, aditya birla capital Limited (ABCL) is the parent company that holds all financial service businesses of the Aditya Birla Group. Life insurance, general insurance broking, asset management, corporate lending, structured finance, private equity, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management and health insurance business are the strong fortes of the company.

aditya birla capital on Thursday reported a rise of 20 per cent in its consolidated profit after tax at Rs 450 crore in quarter ended March 2022. The consolidated revenue of the company for Q4 FY22 grew 18 per cent from a year ago to Rs 6,962 crore, aditya birla capital (ABCL) said in a release.

Ahead of the listing, the company in an official statement had said is the culmination of the composite scheme of arrangement under which Aditya Birla Nuvo was merged with Grasim Industries and the financial services undertaking was subsequently demerged into aditya birla capital.

Shares of Aditya Birla Group's newly-formed financial service company aditya birla capital listed today on Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

aditya birla capital on Monday said that it had received a whistleblower complaint in respect of its mutual fund arm and its employees. The company said that an independent panel looked into the allegations and did not find any merit in them.

aditya birla capital announced a 44% increase in its consolidated profit, reaching Rs 705 crore for the quarter concluding in September 2023. In comparison, the company had reported a net profit of Rs 488 crore during the corresponding period in the previous year. The total consolidated revenue of the company grew by 22 per cent to Rs 8,831 crore in the July-September period of 2023-24, from Rs 7,210 crore in the same quarter a year ago, aditya birla capital Ltd said in a release.

An investment arm of Abu Dhabi Investment Authority (ADIA) will invest Rs 665 crore to pick up a 9.99% stake in Aditya Birla Health Insurance.

New Delhi, May 8 () aditya birla capital today reported a rise of 91 per cent in its consolidated net profit at Rs 208 for the quarter ended March of 2017-18 against Rs 109 crore in the same period a year ago. Income during the quarter grew to Rs 4,203 crore from Rs 3,353 crore.

Shares of Aditya Birla Group's newly-formed financial service company aditya birla capital fell 5 per cent today to hit Rs 235.75 on BSE and 225.65 on NSE during early trading session.

New Delhi, May 15 () aditya birla capital Ltd (ABCL) said today that two of its units are in the process of merging and they will file application before the Allahabad bench of NCLT for integration.

Aditya Birla Group aims for top spot in financial services through new digital platform, consumer ventures, and strategic investments. The ABCD D2C platform offers diverse financial products, payment solutions, and UPI transaction features to enhance customer experience and market presence.

The Aditya Birla Group’s apex body Aditya Birla Management Corporation (ABMCPL) will soon get its first woman director Vishakha Mulye. The Group has appointed Mulye of ICICI Bank as the next CEO of its financial services holding company, aditya birla capital.

Markets regulator Sebi has put two applications for launching IPOs — by GoAir (now named Go First) and Aditya Birla MF — on hold without assigning any reason. Market players, however, said that there are ongoing investigations against group entities, and not against these companies that have filed the offer documents with the Sebi, and hence the delay in getting a clearance from the regulator.

On Monday, key equity benchmarks- Sensex and Nifty kept going in sync with last week's performance as gains in both the indices were hovering around 0.20 per cent in afternoon trade. Sensex, in fact touched a new all- time high of 32,131.92 in intra-day trade.