Aditya Birla Capital witnesses value buying

Image
Capital Market
Last Updated : Oct 28 2020 | 12:16 PM IST

Aditya Birla Capital jumped 4.22% to Rs 67.90, amid bargain buying after sliding in the past two sessions.

The stock had tumbled 5.4% in the past two sessions to end at Rs 65.15 yesterday, from its recent closing high of Rs 68.85 recorded on 23 October 2020.

On a year-to-date (YTD) basis, the stock has slumped 33.64% while the benchmark S&P BSE Sensex lost 2.34% during the same period.

Aditya Birla Capital's board will consider Q2 results on 5 November 2020. The company reported 26.5% drop in consolidated net profit to Rs 198.38 crore on a 10.2% rise in total income to Rs 4092.02 crore in Q1 FY21 over Q1 FY20.

Aditya Birla Capital is an investment company. The firm, through its subsidiaries, provides financing, investment, protection and advisory services to its customers and clients.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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

More From This Section

First Published: Oct 28 2020 | 11:44 AM IST

Next Story