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Birla Corp shares jump 8% post Q4 earnings; here s what analysts say

Birla Corp share price: The stock surged 7.62 per cent to hit a day high of Rs 1,678. It was last seen trading 4.21 per cent higher at Rs 1,624.85. Birla Corp reported a consolidated net profit of Rs 193.34 crore for the quarter ending on March 31, 2024 (Q4 FY24), up 127.59 per cent, year-on-year (YoY), from Rs 84.95 crore.

Birla Corporation shares: Up just 3% in 2024, can the cement stock cross Rs 2,000 mark?

Shares of cement maker Birla Corporation have gained merely 3% in 2024. The cement stock rallied 68% in a year, clocking a majority of gains in 2023. The stock of the MP Birla Group has earned a buy call from brokerage Asit C Mehta with a target price of Rs 2055. The brokerage house cited an improvement in profitability, return ratios & balance sheet and a continued focus on capacity addition as primary factors for initiating coverage on the cement stock.

SC denies interim relief to Birlas in Lodha case, admits appeal against HC Division Bench verdict

SC denies interim relief to Birlas in Lodha case, admits appeal against HC Division Bench verdict
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