Aditya Birla Fashion & Retail Ltd News

Aditya Birla Fashion charts expansion plan as lifestyle brands grow_66703

Brokerages have mixed views about company raising funds, citing equity dilution and capital allocation risk.

Aditya Birla Fashion to sell minority stake to private equity firms_65815

On Monday, the stock closed flat at Rs 273 a share, thus, giving a total market valuation of Rs 25,618 crore to the company

Aditya Birla Fashion selects Accenture to speed up its digital shift_35535

Accenture will design, develop, and deploy an ERP system based on SAP S/4HANA to streamline business processes, improve visibility and accessibility of data across ABFRL

Aditya Birla Fashion to set up subsidiary for entry into D2C space_27606

Venture will initially be funded through ABFRL's internal accruals and at an appropriate time, the firm will look to bring in external capital to accelerate growth

ABFRL net profit jumps over three-fold to Rs 196.80 cr in December quarter_27683

Aditya Birla Fashion and Retail Ltd on Friday reported over a three-fold jump in its net profit to Rs 196.80 crore for the third quarter ended December 31. The company had posted a net profit of Rs 58.44 in the year-ago quarter, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a regulatory filing. Its revenue from operations rose 43.87 per cent to Rs 2,987.10 crore during the quarter under review, against Rs 2,076.19 crore in the corresponding period of the previous fiscal. ABFRL's total expenses increased 36.52 per cent to Rs 2,744.35 crore in the quarter, from Rs 2,010.17 crore a year ago. Its revenue from Madura Fashion & Lifestyle segment surged 57.59 per cent to Rs 1,990.52 crore, compared to Rs 1,263.10 crore in the year-ago quarter. Pantaloons' revenue increased 31.45 per cent to Rs 1,066.43 crore, against Rs 811.27 crore. Shares of Aditya Birla Fashion and Retail Ltd on Friday closed 2.91 per cent lower at Rs 295.30 apiece on the BSE.

Aptus Value, ABFRL have broken out on charts; buy on dips: Mehul Kothari_15988

Similar to Aptus Value Housing Finance's stock, ABFRL confirmed a major breakout from the falling trend line formed by joining two prominent swing highs

Arvind, KPR Mill, Gokaldas: Textile stocks that can gain up to 12%_12651

Major textile stocks are witnessing sideways to breakout formations, this may see stronger interest of market participants.

Reebok deal price, growth potential positive for Aditya Birla Fashion_7465

The near term, however, could see higher investments in marketing, expansion

Aditya Birla Fashion and Retail to take over Reebok's operations in India_6793

This deal marks ABFRL's foray into India's fast-growing sports and activewear segment

Aditya Birla Fashion to sell Reebok merchandise in India; stock surges 6%_6816

This deal marks a foray for ABFRL into India's fast-growing sports and activewear segment.

Aditya Birla Fashion to buy exclusive rights to Reebok in India_6780

Shares of ABFRL jumped 4.6% to 279 rupees after the announcement