• Home
  • Business News
  • Aditya Birla Capital shares up 3%; Advent International likely offloads stake in block deal
Image

Aditya Birla Capital shares up 3%; Advent International likely offloads stake in block deal

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now


Shares of Aditya Birla Capital jumped up to 3% to Rs 249.8 on BSE on Wednesday as US-based private equity firm Advent International is said to have pared its stake in the company through a block deal.

According to media reports, Advent affiliate Jomei Investments had planned to sell 3.6 crore shares — representing a 1.4% stake in Aditya Birla Capital — via open market transactions. The floor price for the deal has been set at Rs 237.81 per share, nearly 2% below the previous NSE closing price. At this price, the deal size is estimated at around Rs 856 crore.

A large block deal was noticed in the counter this morning but details of the buyers and sellers couldn’t be verified immediately.

As of March 2025, Advent held a 3.84% stake in Aditya Birla Capital. The offloaded shares will be subject to a 30-day lock-in period.

Advent originally invested Rs 1,000 crore in 2020 through a preferential allotment of 10 crore equity shares at Rs 100 apiece. Based on the current floor price, the firm stands to make a return of 138% on its investment.


Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside

Aditya Birla Capital Q4 earnings

For the quarter ended 31 March 2025, Aditya Birla Capital reported a consolidated net profit of Rs 865 crore, marking a 6% year-on-year increase when adjusted for one-time gains. In Q4 FY24, the company had posted a net profit of Rs 1,245 crore, which included exceptional gains from a stake sale in its asset management business via an OFS. Excluding that, profit stood at Rs 812 crore.Total income rose to Rs 12,239 crore in Q4 FY25, up from Rs 10,803 crore in the year-ago period.

In a separate statement, the company said its overall lending portfolio—including NBFC and HFC segments—grew 27% YoY to Rs 1,57,404 crore as of 31 March 2025. Total AUM across the AMC, life, and health insurance businesses rose 17% YoY to Rs 5,11,260 crore. Total premium collected from life and health insurance climbed 22% to Rs 25,579 crore in FY25.

On a standalone basis, profit after tax stood at Rs 654 crore in Q4 FY25, compared to Rs 616 crore a year earlier. Total income grew to Rs 3,879 crore from Rs 3,527 crore during the same period.

Also Read: JSW Steel, Aurobindo Pharma among 6 large & midcap firms with promoter pledge decline in Q4

Aditya Birla Capital share price target and performance

According to Trendlyne, the average target price for Aditya Birla Capital is Rs 254, implying an upside of around 5% from current levels. Of the 10 analysts tracking the stock, most have a ‘Strong Buy’ rating.

The stock’s Relative Strength Index (RSI) stands at 77.8, indicating overbought conditions and the potential for a pullback. The MACD is at 7.8, remaining above both its centerline and signal line—typically a bullish indicator.

Aditya Birla Capital shares closed 1.04% higher at Rs 242.7 on the BSE in the previous session. The stock has gained 36% year-to-date and 54% over the past three months.

Also Read: Civil War has begun! Rich Dad Poor Dad author Robert Kiyosaki warns of global chaos, backs Bitcoin as the only safe haven

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)



Source link

Releated Posts

stock radar: Glenmark’s technical breakout signals rally ahead: Religare’s Ajit Mishra – The Economic Times Video

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now “Glenmark Pharma stock has recently reversed…

ByByAjay jiJun 13, 2025

Stocks sell off, oil surges as Israel strikes Iran

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Israel said early on Friday that…

ByByAjay jiJun 13, 2025

Asian stocks: Asian stocks set to advance as US inflation cools

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Asian equity-index futures were buoyed by…

ByByAjay jiJun 13, 2025

Stocks in news: Stocks in news: Torrent Power, ICICI Bank, HCL Tech, Canara Bank, RIL

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Markets came under pressure on the…

ByByAjay jiJun 13, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top