 "Aditya Birla Money soars 66% in one week")
Aditya Birla Money was locked in upper circuit for the third straight trading days at Rs 52.50, up 10% on BSE, on back of heavy volumes.
In past one week, the stock of Aditya Birla Group Company engaged in financial services business, has rallied 66% from Rs 31.55, as compared to 0.24% rise in the S&P BSE Sensex.
Till 3:20 pm; a combined 156,753 shares changed hands and there were pending buy 706,665 shares on the BSE and NSE.
With reference to increase in price, Aditya Birla Money said there is no price sensitive information/announcement (including pending announcement) relating to the company which may have a bearing on the price/volume behavior in the scrip.
On Tuesday, March 4, 2017, Aditya Birla Nuvo, the group company announced that the Reserve Bank of India vide its letter dated 3rd April 2017, has granted licence to Aditya Birla Idea Payments Bank Ltd (ABIPBL) to carry on the business of payments bank in India.
Aditya Birla Idea Payments Bank is a 51:49 joint venture (JV) between Aditya Birla Nuvo (ABNL) and telecom major Idea Cellular.
Aditya Birla Money is a single brand offering the combined products and services of Aditya Birla Money Mart, Aditya Birla Money and Aditya Birla Customer Services.
In past one week, the stock of Aditya Birla Group Company engaged in financial services business, has rallied 66% from Rs 31.55, as compared to 0.24% rise in the S&P BSE Sensex.
Till 3:20 pm; a combined 156,753 shares changed hands and there were pending buy 706,665 shares on the BSE and NSE.
With reference to increase in price, Aditya Birla Money said there is no price sensitive information/announcement (including pending announcement) relating to the company which may have a bearing on the price/volume behavior in the scrip.
On Tuesday, March 4, 2017, Aditya Birla Nuvo, the group company announced that the Reserve Bank of India vide its letter dated 3rd April 2017, has granted licence to Aditya Birla Idea Payments Bank Ltd (ABIPBL) to carry on the business of payments bank in India.
Aditya Birla Idea Payments Bank is a 51:49 joint venture (JV) between Aditya Birla Nuvo (ABNL) and telecom major Idea Cellular.
Aditya Birla Money is a single brand offering the combined products and services of Aditya Birla Money Mart, Aditya Birla Money and Aditya Birla Customer Services.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%