Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Aditya Birla Capital rises on incorporating wholly owned subsidiary

24-May2018

Aditya Birla Capital rises on incorporating wholly owned subsidiary

Aditya Birla Capital is currently trading at Rs. 142.20, up by 1.05 points or 0.74% from its previous closing of Rs. 141.15 on the BSE.

The scrip opened at Rs. 144.80 and has touched a high and low of Rs. 144.80 and Rs. 141.95 respectively. So far 49290 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 264.00 on 01-Sep-2017 and a 52 week low of Rs. 140.80 on 23-May-2018.

Last one week high and low of the scrip stood at Rs. 152.80 and Rs. 140.80 respectively. The current market cap of the company is Rs. 31255.22 crore.

The promoters holding in the company stood at 72.75%, while Institutions and Non-Institutions held 12.31% and 13.97% respectively.

Aditya Birla Capital has incorporated a new Wholly Owned Subsidiary (WOS) company namely 'Aditya Birla Stressed Asset AMC' with effect from May 22, 2018. The company has incorporated WOS with an initial subscription of 10,000 equity shares of Rs 10 each aggregating to Rs 1 lakh.

Aditya Birla Stressed Asset AMC is incorporated to carry on the activities of raising or acquiring funds for and managing mutual funds, venture capital funds, offshore funds, pension funds, provident funds, or any other funds.

Aditya Birla Capital is one of the largest financial services players in India.



Related News

View all news

United Bank of India shines on getting nod to raise Rs 1,500 crore by various means

United Bank of India is currently trading at Rs. 11.05, up by 0.50 points or 4.74% from its previous closing of Rs. 10.55 on the BSE.The scrip opened at Rs. 10.85 and has touched a high and low of Rs.......

Pondy Oxides & Chemicals gains on planning to merge Meloy Metals with itself

Pondy Oxides & Chemicals is currently trading at Rs. 319.80, up by 1.85 points or 0.58% from its previous closing of Rs. 317.95 on the BSE.The scrip opened at Rs. 317.80 and has touched a high......

Venky's slips on reporting 41.52% fall in Q4 net profit

Venky's  (India) is currently trading at Rs. 1766.00, down by 56.15 points or 3.08% from its previous closing of Rs. 1822.15 on the BSE.The scrip opened at Rs. 1817.00 and has touched a high and......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......