Stocks that will see action today: 2 April 2024 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Shares of ABFRL surged about 15 per cent to Rs 243.45 on Tuesday, hitting the second circuit limit, commanding a total market capitalization of more than Rs 24,700 crore.
The Board of Directors of Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday authorised the management of the company to evaluate the vertical demerger of the Madura Fashion & Lifestyle business from the ABFRL into a separate listed company.
ABFRL plans to demerge Madura Fashion & Lifestyle business into separate listed entity - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Latest News at LatestLY. Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) on Tuesday jumped 17 per cent after the company announced demerger of its fast fashion and retail business Madura Fashion & Lifestyle into a separate listed entity aiming to unlock opportunities for value creation. Latest News | Aditya Birla Fashion Shares Jump 17 Pc on Madura Business Demerger Plans.