Grasim Industries’ Q1 net profit down 7%, launches B2B e-commerce platform Birla Pivot. Revenue up 11%, capex of ₹5,791 cr, VSF sales volume down, chemical business revenue & EBITDA down, UltraTech Cement revenue & EBITDA up, Aditya Birla Capital revenue & net profit up.

Grasim net profit down 7 per cent on lower realisation

Results Review for Titan, Ambuja Cement, Aditya Birla Capital, Godrej Properties

Aditya Birla Capital extended debt worth INR40 crore ($5.6m) for Agami Realty’s luxury flats project in Kala Nagar near Mumbai’s business district, Bandra-Kurla Complex. The project involves the redevelopment of a residential society into a boutique development with a 22-storeyed building designed b…

Aditya Birla Finance extends debt to redevelopment project near Mumbai’s BKC

Aditya Birla Capital had on Friday announced the completion of Rs 3,000 crore fundraise via a QIP aggregating to Rs 1,750 crore and a preferential issuance of equity shares aggregating to Rs 1,250 crore.

Aditya Birla Capital shares in focus as BlackRock, ADIA emerge as investors in QIP

The fundraise was Aditya Birla Capital’s first QIP transaction. It saw strong response from marquee foreign portfolio investors, sovereign wealth funds and domestic institutional investors. The fundraise was Aditya Birla Capital’s first QIP transaction. It saw strong response from marquee foreig…

Aditya Birla Capital gains on raising Rs 3,000 crore through QIP

Aditya Birla Capital also completed a preferential issuance of equity shares worth ₹1,250 crore to its Promoter and Promoter Group entity, Grasim Industries Limited and Surya Kiran Investments Pte. Ltd., respectively.

Aditya Birla Capital raises ₹3,000 crore from marquee investors and promoter group

Finance company raises total Rs 3,000 cr in equity

BlackRock, MIT etc invest Rs 1,750 cr in Aditya Birla Capital QIP

Aditya Birla Capital Ltd. said it has completed fund raise of ₹3,000 crore through a Qualified Institutional Placement (QIP) of equity shares aggregating to ₹1,750 crore and a preferential issuance of equity shares aggregating to ₹ 1,250 crore to its Promoter and Promoter Group entity, Grasim Indust…

Aditya Birla Capital raises ₹3,000 crore

Three stocks that recently hit a fresh 52-week high or saw volume or price breakout are FACT, Gujarat Pipavav Port and Aditya Birla Capital. The Founder of Chartmojo, Sunil Gurjar, was cautious about buying fresh positions due to volatility.

Breakout Stocks: How FACT, Gujarat Pipavav and Aditya Birla Capital are looking on charts for Wednesday

The company launched its QIP on June 26 to raise around Rs 1,250 crores

Aditya Birla Capital Gains After QIP Launch

Aditya Birla Capital has proposed to issue equity shares worth up to ₹1,750 billion through a qualified institutional placement.

Aditya Birla Capital to raise up to $213 million via share sale

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Aditya Birla Financial Services Pvt Ltd offers life insurance, asset management, infrastructure project & structured finance, private equity, broking, wealth management and online money management.