Reduce Aditya Birla Fashion and Retail; target of Rs 230: Emkay Global FinancialMoneycontrol • 2 days ago
Emkay Global Financial recommended reduce rating on Aditya Birla Fashion and Retail with a target price of Rs 230 in its research report dated April 23, 2024.
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Sharekhan is bullish on Aditya Birla Fashion & Retail has recommended buy rating on the stock with a target price of Rs 297 in its research report dated April 22, 2024.
ABFRL plans to raise Rs 2,500 crore equity capital "to strengthen its balance sheet and fund the growth of the remaining businesses"
Aditya Birla Fashion, Sadbhav Engineering and TVS Electronics ended sharply higher on April 2
Aditya Birla Fashion and Retail Share Price: The proposed demerger will enable the creation of two separately listed companies.
The Aditya Birla Group, with seven listed firms in its fold, added around Rs 1.91 lakh crore in market capitalisation in the last year
Total revenue of the company stood at Rs 4,166.71 crore an increase of 16 percent from the year-ago period
Aditya Birla Fashion & Retail has seen a nice breakout of consolidation and maintained upward sloping support trendline. The stock formed strong bullish candlestick pattern on the daily charts with healthy volumes.