ABFRL shares in focus as Q3 net loss narrows, revenue rises

 17 Feb 2025 08:37 AM

ABFRL share price: Revenue from operations increased by 3.3% year-on-year, reaching Rs 4,304.7 crore, up from Rs 4,166.7 crore in Q3 FY23, driven by consistent demand across its portfolio.

ABFRL shares fall 4% even after Q3 net loss narrows, revenue rises

 17 Feb 2025 08:37 AM

ABFRL share price: Aditya Birla Fashion and Retail Ltd (ABFRL) reported a narrower net loss of Rs 51.3 crore for Q3 FY24 against Rs 77.9 crore last year, driven by revenue growth. Despite this, shares fell 4.3% due to bearish technical indicators and a sell recommendation by analysts.

Stocks in news: HFCL, BHEL, Glenmark Pharma, ABFRL, Wipro

 17 Feb 2025 06:26 AM

Piramal Enterprises Board approved the issuance of secured, rated, listed, and redeemable non-convertible debentures (NCDs) worth up to Rs 450 crore on a private placement basis.

ABFRL: CO TO CONSIDER Q3 RESULT ON FEB.14

 07 Feb 2025 06:49 PM

ABFRL: CO TO CONSIDER Q3 RESULT ON FEB.14

Cyient, Dixon Technologies among 5 stocks with short covering

 27 Jan 2025 03:58 PM

On January 27, five stocks saw short covering, leading to a decrease in open interest and price increases: Cyient, Dixon Technologies, ABFRL, L&T Finance, and Bandhan Bank.

ABFRL: CO SAYS STRONG RESPONSE FROM DOMESTIC AND FOREIGN INVESTORS WITH OVERALL QIP ISSUE SUBSCRIBED 2 TIMES, FUNDRAISE TO MAKE CONSOLIDATED ENTITY DEBT-FREE AHEAD OF PROPOSED DEMERGER AND PAVE THE WAY FOR FUTURE GROWTH

 22 Jan 2025 07:35 AM

ABFRL: CO SAYS STRONG RESPONSE FROM DOMESTIC AND FOREIGN INVESTORS WITH OVERALL QIP ISSUE SUBSCRIBED 2 TIMES, FUNDRAISE TO MAKE CONSOLIDATED ENTITY DEBT-FREE AHEAD OF PROPOSED DEMERGER AND PAVE THE WAY FOR FUTURE GROWTH

Sell Aditya Birla Fashion & Retail, target price Rs 235: HDFC Securities

 17 Jan 2025 09:11 AM

HDFC Securities gives a 'sell' call on Aditya Birla Fashion and Retail, targeting Rs 235, versus its current Rs 273.6. With a market cap of Rs 29183.83 crore, ABFRL's Q2 2024 total income rose by 6.32% from last quarter, though it reported a net loss of Rs 214.70 crore. Promoters hold 49.25% stake, while FIIs own 19.68%.

ABFRL to raise $500 million through preferential issue and QIP

 15 Jan 2025 01:11 PM

The preferential issuance of $275 million will be led by the promoter group investing $150 million and Fidelity Investments investing $125 million. The promoter participation is at a premium of 17.5% over Tuesday closing price, signalling conviction in the value creation potential of ABFRL, it said.

ABFRL approves Rs 2,400 crore preferential issue for promoters, QIB

 15 Jan 2025 10:21 AM

Aditya Birla Fashion and Retail Limited approved issuing shares worth about Rs 2,379 crore to promoters and qualified institutional buyers. Shares will be issued to the promoter group and QIBs, increasing Pilani Investment and Industries shareholding. The company will continue with its retail business and ethnic brands, while its lifestyle and sportswear brands will be part of ABLBL.

ABFRL: CO APPROVES RUPEES 12.97B PREFERENTIAL ISSUE OF SHARES TO FOUNDERS AT THE PRICE OF RUPEES 317.45

 15 Jan 2025 09:46 AM

ABFRL: CO APPROVES RUPEES 12.97B PREFERENTIAL ISSUE OF SHARES TO FOUNDERS AT THE PRICE OF RUPEES 317.45