Aditya Birla Money soars 66% in one week
The stock locked in upper circuit for the third straight trading days at Rs 52.50, up 10% on BSE
 "Aditya Birla Money soars 66% in one week")
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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.