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Explained - Why Jefferies prefers Bajaj Finance, Aditya Birla Capital over other NBFCs
Jefferies expects the sector to deliver healthy loan growth, easing credit costs and largely range-bound NIMs. While valuations have recovered from the lows seen during the recent geopolitical tensions, they remain broadly around long-term averages.
Aditya Birla Capital allots 11.23 cr equity shares on preferential basis
1. 8,08,94,331 equity shares of face value of Rs 10 each at an issue price of Rs 356.02 for an aggregate amount of Rs 2879.99 crore to Grasim Industries, the promoter of the company.
Aditya Birla Capital among 3 stocks flashing bullish signals, hinting at a possible uptrend
Three NSE midcap stocks, Escorts Kubota, Aditya Birla Capital and REC, featured on StockEdge’s White Marubozu scanner on June 22, signalling strong buying momentum and bullish technical sentiment.
Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla Group
Vodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generation target. The company is banking on this, new loans, and tax refunds to meet its financial obligations over the next three years. Despite a recent net profit boost from statutory liability relief, operational losses persist, highlighting the urgent need for these funding initiatives.
Vodafone Idea gets ₹4,730 crore Aditya Birla Group backing through warrant issue
Vodafone Idea has approved the allotment of 430 crore warrants to promoter-group entity Suryaja Investments, paving the way for a potential ₹4,730 crore capital infusion. The company has already received ₹1,182.5 crore upfront, with the balance payable when the warrants are converted into equity shares over the next 18 months.
Street Signals: Technical charts point to further upside for Nifty
Indian stock markets are showing a positive outlook, with analysts predicting the Nifty could climb towards 24,300-24,600. Key support levels are identified around 23,700-23,900, encouraging investors to buy on dips. Several stocks, including Britannia Industries, Grasim Industries, Aditya Birla Capital, Premier Energies, Bharat Electronics, and Eternal, are highlighted as top picks for the week, with specific buy recommendations and targets.
Hindalco appoints Kapil Agrawal as CEO (Designate) for copper business; Rohit Pathak to move to new role
Hindalco Industries has appointed Kapil Agrawal as CEO (Designate) – Copper with effect from November 1, 2026. He will take over as CEO of the Copper business from March 1, 2027, succeeding Rohit Pathak, who will transition to a new role within the Aditya Birla Group.
Here's why Godrej Properties, Lodha and shares of other Mumbai-based realtors could be under pressure
Barring Oberoi Realty, which is up 2% for the year, the shares of the other Mumbai-based realtors are down anywhere between 10.5% (Godrej Properties), to as much as 22% (Aditya Birla Real Estate). Shares of Keystone Realtors are down 26% year-to-date, while Mahindra Lifespaces shares are also down 13% for 2026 so far.
ABFRL's Sangeeta Tanwani steps down as Pantaloons CEO
Aditya Birla Fashion and Retail (ABFRL) said Sangeeta Tanwani has ceased to be whole-time director (WTD) and chief executive officer (CEO) of its Pantaloons business with effect from close of business hours on 31 July 2026.
Reebok sales doubled in last 3 yrs, aggressive on growth trajectory: Aditya Birla Lifestyle Brands
Reebok's sales have more than doubled in India over the last three years following its acquisition by an Aditya Birla group firm. The brand plans to aggressively expand its network by adding 40-50 stores annually, targeting untapped market opportunities across metro and smaller towns. This growth is fueled by strong same-store sales and new product launches.
Vodafone Idea shares jump 4%; KM Birla says telco navigated through one of its toughest challenges in history
Vodafone Idea shares climbed after shareholders approved a Rs 4,730 crore investment from the Aditya Birla Group, signalling renewed promoter confidence. With funding support, easing AGR pressure and improved ratings, investor focus now shifts to execution, network expansion and the company’s long-term turnaround prospects.
AB Group reaffirms bet on Voda Idea with ₹4,730 Cr infusion
Vodafone Idea shareholders approved a ₹4,730-crore investment from the Aditya Birla Group via preferential allotment of warrants, increasing AB Group's stake to around 13%. Chairman Kumar Mangalam Birla stated the company's focus now shifts to execution across operations, customer service, and network expansion. This capital infusion will support capital expenditure and loan repayment, reinforcing Vi's financial health.