Market News

Aditya Birla Capital raises ₹4,000 crore to fund growth, confirms CNBC-TV18 Newsbreak

The company said the proceeds from the issue will be used for growth objectives, augmentation of the capital base, funding requirements for the lending business and general corporate purposes, including investments in subsidiaries, joint ventures and associates.

ABREL records bookings of Rs 1007 cr for its Birla Taranya project

Hindalco share price jumps 4% after Novelis posts Q4 earnings 2026; check results date for the Aditya Birla Group stock

Hindalco Industries shares rose 4% to ₹1,089.60 after Novelis reported a quarterly net loss of $84 million. Despite fire-related impacts, quarterly net sales increased 4% to $4.8 billion, driven by higher aluminium prices. 

Sensex Rejig: Trent likely exclusion; Could be replaced by either of these two names

Two names remain the key contenders to replace Trent in the Sensex as part of the rejig. One is Aditya Birla Group's Hindalco Industries, and the other is Shriram Finance.

Vodafone Idea’s survival has certainty, but shareholders’ patience may be tested

Vodafone Idea reduced its loss before tax by 13% to ₹5,515 crore in Q4FY26. The Aditya Birla Group will infuse ₹4,730 crore into the company. Despite this, investor concerns remain over Vodafone’s ability to grow amid high competition and significant debt.

Aditya Birla Fashion doubles down on TMRW, chases scale over profits

TMRW is betting on offline expansion, AI-led operations, and quick commerce to scale profitably, even as skepticism grows around India’s house-of-brands model and ABFRL faces earnings pressure.

Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts

Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific stock recommendations include Indus Towers, Samvardhana Motherson International, Aditya Birla Capital, Sun Pharmaceutical Industries, and Arvind Limited. Investors are advised to consider these opportunities.

Aditya Birla Group to invest $500 million in Vodafone Idea as revival signal strengthens

Aditya Birla Group is injecting ₹4,730 crore into Vodafone Idea (Vi) through a preferential allotment, bolstering the telecom operator's financial standing. This capital infusion follows Kumar Mangalam Birla's return as chairman and aims to support Vi's efforts to compete with rivals Reliance Jio and Bharti Airtel.

Vodafone Idea Fundraising: Aditya Birla Group Commits $500M Infusion

The Average Revenue Per User increased to Rs Rs. 190 from Rs. 175.

See long-term opportunity in auto parts, aerospace and chemicals: AB Sun Life AMC’s Harish Krishnan

Harish Krishnan of Aditya Birla Sun Life AMC said the rupee’s sharp fall may be nearing its final phase as the government and RBI step up stabilisation measures. He highlighted engineering exports, chemicals, aerospace and IT services as long-term investment themes, while cautioning that margin pressure from rising input costs could continue over the next two quarters.

Exclusive: Promoter-backed fund raise on cards for AB Capital

Source told CNBC-TV18 that Aditya Birla Capital may soon raise ₹4000-₹5000 crore via preferential issue and QIP with promoter and institutional participation. Vodafone Idea to also consider fundraise on May 16.

Aditya Birla group, KKR left in race for Sprng Energy

Aditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negotiate with the top two contenders next week. India's National Investment and Infrastructure Fund and Actis are out of the running. The deal could be worth around $2 billion. Shell is reviewing strategic options for Sprng Energy.