Gainers & Losers: Swiggy, Aditya Birla Fashion among 5 stocks that moved most on Wednesday

 04 Jun 2025 05:33 PM

Indian indices rebounded on Wednesday, led by metals and energy stocks. Ircon surged 14%, Swiggy rose 8%, while ABFRL fell 10% after Flipkart’s exit. GRSE and Indegene also saw notable moves.

Flipkart exits Aditya Birla Fashion and Retail in Rs 582 crore bulk deal

 04 Jun 2025 09:43 AM

Flipkart Investments Private Limited divested its 6% stake in Aditya Birla Fashion & Retail. The sale occurred in a bulk deal for Rs 582 crore. Following this, ABFRL's stock experienced a 9% drop. Goldman Sachs managed the transaction. Aditya Birla Fashion & Retail had recently demerged its Madura Fashion & Lifestyle business.

Flipkart exits Aditya Birla Fashion and Retail in Rs 582 crore bulk deal; ABFRL stock tumbles 11%

 04 Jun 2025 09:43 AM

Flipkart Investments Private Limited divested its 6% stake in Aditya Birla Fashion & Retail. The sale occurred in a bulk deal for Rs 582 crore. Following this, ABFRL's stock experienced a 9% drop. Goldman Sachs managed the transaction. Aditya Birla Fashion & Retail had recently demerged its Madura Fashion & Lifestyle business.

ABFRL: Flipkart sells entire 6% stake at ₹80 floor price in a block deal worth ₹600 crore. 📉💰📊

 03 Jun 2025 07:01 PM

ABFRL: Flipkart sells entire 6% stake at ₹80 floor price in a block deal worth ₹600 crore. 📉💰📊

Aditya Birla Fashion stitches a ₹500-crore turnaround plan

 27 May 2025 12:25 AM

Aditya Birla Fashion and Retail (ABFRL) plans a ₹500 crore capital expenditure in 2025-26, aiming to turnaround loss-making ventures like TCNS Clothing and TMRW. With recent fundraising, ABFRL intends to triple in scale and double profitability in five years, despite current subdued retail sales growth. Excluding TMRW, the group anticipates being EBITDA positive next year.

ABFRL Q4 Results: Net loss at Rs 23 crore; revenue rises to Rs 1,719 crore

 23 May 2025 09:29 PM

Aditya Birla Fashion and Retail Ltd on Friday said its consolidated net loss narrowed to Rs 23.55 crore in the fourth quarter ended March 2025. The company had posted a net loss of Rs 266.36 crore during the January-March quarter a year ago, according a regulatory filing from Aditya Birla Fashion and Retail Ltd (ABFRL).

Demerger alone won’t drive re-rating: Jignanshu Gor cautions on ABFRL outlook

 23 May 2025 08:01 AM

So, it remains a conglomerate of brands by itself. The thesis behind creating two different entities was because they are companies which have two different objectives and they need two different strategies and hence possibly two different sets of investors who would be interested in investing there.

Gainers & Losers: GRSE, Colgate among 6 stocks in limelight today

 22 May 2025 05:19 PM

Markets fell sharply amid global worries; Sensex and Nifty ended lower. Stocks in focus included GRSE, Emcure, Tata Tele, NTPC Green, ABFRL, and Colgate Palmolive due to earnings and developments.

Aditya Birla Fashion shares in focus on record date for demerger

 22 May 2025 08:53 AM

Aditya Birla Fashion and Retail (ABFRL) will be in the spotlight today as May 22 marks the record date for the previously approved demerger of its Madura Fashion & Lifestyle business into a separate listed entity. The demerger, approved by ABFRL’s board last year, involves splitting the Madura Fashion and Lifestyle (MFL) business into a new company — Aditya Birla Lifestyle Brands Ltd (ABLBL).

ABFRL Demerger: Did Aditya Birla Fashion shares really tank 67%? Why investors are seeing a sharp drop

 22 May 2025 08:53 AM

Aditya Birla Fashion and Retail (ABFRL) shares plummeted by 67% following the demerger of its Madura Fashion & Lifestyle business into Aditya Birla Lifestyle Brands Ltd (ABLBL). Shareholders will receive one ABLBL share for each ABFRL share held. Despite the initial drop, ABFRL plans to raise Rs 2,500 crore and has allocated debt between the two entities.