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Shares to buy in short term: Mehta Equities' Riyank suggests Aditya Birla, Hero MotoCorp, eClerx Services stock to buy
Shares to buy in short term: Mehta Equities' Riyank suggests Aditya Birla, Hero MotoCorp, eClerx Services stock to buy

Mint

time5 days ago

  • Business
  • Mint

Shares to buy in short term: Mehta Equities' Riyank suggests Aditya Birla, Hero MotoCorp, eClerx Services stock to buy

Stock market today: Indian stock markets began the day on a cautious note on Tuesday as investors remained concerned about new tariff threats from US President Donald Trump. At 12:39 IST, Nifty 50 index was trading in the negative territory at 24,649 . 60, declining by 72 points or 0.29 percent, while the BSE Sensex also was trading lower, down by 264.52 points or 0.33 percent at 80,750.46. Market analysts indicated that the uncertainty caused by Trump's recent comments is making investors uneasy. Sectors significantly tied to US export markets—such as gems, jewellery, leather goods, textiles, auto parts, automobiles, and chemicals—might experience some repercussions. Attention is likely to shift towards domestic-focused sectors. According to Riyank Arora from Mehta Equities, the Nifty 50 index has a support level at 25,500; if this level does not hold, the index could decline further. Arora recommends three stocks to buy in the near-term. Here's what they say about the overall market. The Nifty 50 is witnessing selling pressure and is trading weak. With support at 25,500, the index may drift lower if this level fails to hold. Resistance is placed near 25,800, and until it crosses this level, upside looks limited. Market sentiment remains cautious, and every bounce is being sold into. Indicators like RSI and momentum are also pointing downward. Traders are advised to adopt a sell-on-rise approach, keeping strict stop-loss levels to manage risk in this volatile phase. Bank Nifty remains under pressure after slipping below its crucial levels. Support is placed at 55,400, and further weakness could drag it toward lower zones. Resistance is seen around 55,800–56,000, where selling pressure is expected. The index is trading below its short-term moving averages, and weak sentiment in banking heavyweights is weighing on it. Any recovery may face resistance at higher levels. Traders should continue with a sell-on-rise strategy while maintaining strict stop-losses. Riyank Arora recommends these three stocks in the short term - Aditya Birla Capital Ltd, Hero MotoCorp Ltd, and eClerx Services Ltd. Buy | Above ₹ 285 | SL: ₹ 270 | Target: ₹ 325 Analysis: AB Capital is approaching a key breakout zone near ₹ 285. A move above this level, supported by strong volumes, can trigger upside momentum. The stock is trading above its key moving averages, and RSI is trending higher, suggesting bullish sentiment. Sustaining above ₹ 285 may open the path toward ₹ 325. Traders may look for entries above ₹ 285 with a strict stop-loss at ₹ 270. Buy | CMP: ₹ 4,536 | SL: ₹ 4,450 | Target: ₹ 4,750 Analysis: Hero MotoCorp has rebounded strongly from recent lows and is trading above its short-term averages. The RSI is showing positive momentum, suggesting scope for further upside. Sustaining above ₹ 4,536 can lead to a move toward ₹ 4,750. Price action remains constructive, and higher lows indicate continued strength. Traders may consider buying with a stop-loss at ₹ 4,450 to limit downside risk. Buy | CMP: ₹ 4,035 | SL: ₹ 3,800 | Target: ₹ 4,750 Analysis: Eclerx has given a breakout from consolidation supported by strong volume. The stock is trading above its 20-day and 50-day moving averages, showing strong momentum. RSI remains bullish and supports further gains. Sustaining above ₹ 4,035 may push the stock toward ₹ 4,750. Traders can look to buy with a stop-loss at ₹ 3,800 to protect against any volatility. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.

Aditya Birla Capital Q1 Results: Profit rises 10% to Rs 835 crore
Aditya Birla Capital Q1 Results: Profit rises 10% to Rs 835 crore

Time of India

time6 days ago

  • Business
  • Time of India

Aditya Birla Capital Q1 Results: Profit rises 10% to Rs 835 crore

Aditya Birla Capital Ltd on Monday reported a 10 per cent rise in profit to Rs 835 crore on a consolidated basis for the first quarter ended June 2025. It had posted a net profit of Rs 759 crore in the same period a year ago. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program The consolidated total income of the company rose to Rs 9,531 crore in the April-June period, from Rs 8,719 crore in the year-ago period, Aditya Birla Capital Ltd (ABCL) said in a regulatory filing. The total expenses also grew to Rs 8,460 crore in the quarter against Rs 7,756 crore in FY25. The company is present in non-banking finance companies (NBFC) business, housing finance, asset management, life and general insurance , among others. Live Events ABCL is the holding company for the financial services businesses of the Aditya Birla Group. The strong momentum across businesses led to a 41 per cent year-on-year growth in the overall lending portfolio (NBFC and HFC) to Rs 1,65,832 crore as on June 30, 2025, it said. The total AUM (AMC, life insurance and health insurance) grew by 20 per cent year-on-year to Rs 5,53,504 crore.

Aditya Birla Capital Q1 profit rises 10 pc to Rs 835 cr
Aditya Birla Capital Q1 profit rises 10 pc to Rs 835 cr

News18

time6 days ago

  • Business
  • News18

Aditya Birla Capital Q1 profit rises 10 pc to Rs 835 cr

Agency: Last Updated: New Delhi, Aug 4 (PTI) Aditya Birla Capital Ltd on Monday reported a 10 per cent rise in profit to Rs 835 crore on a consolidated basis for the first quarter ended June 2025. It had posted a net profit of Rs 759 crore in the same period a year ago. The consolidated total income of the company rose to Rs 9,531 crore in the April-June period, from Rs 8,719 crore in the year-ago period, Aditya Birla Capital Ltd (ABCL) said in a regulatory filing. The total expenses also grew to Rs 8,460 crore in the quarter against Rs 7,756 crore in FY25. The company is present in non-banking finance companies (NBFC) business, housing finance, asset management, life and general insurance, among others. ABCL is the holding company for the financial services businesses of the Aditya Birla Group. The strong momentum across businesses led to a 41 per cent year-on-year growth in the overall lending portfolio (NBFC and HFC) to Rs 1,65,832 crore as on June 30, 2025, it said. The total AUM (AMC, life insurance and health insurance) grew by 20 per cent year-on-year to Rs 5,53,504 crore. PTI DP DP SHW view comments First Published: August 04, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Aditya Birla Capital Q1FY26 results: Net profit up 10% at ₹835 crore
Aditya Birla Capital Q1FY26 results: Net profit up 10% at ₹835 crore

Business Standard

time6 days ago

  • Business
  • Business Standard

Aditya Birla Capital Q1FY26 results: Net profit up 10% at ₹835 crore

Aditya Birla Capital Ltd's (ABCL) consolidated net profit rose 10% year-on-year (Y-o-Y) to Rs 835 crore during the first quarter ended June 2025 (Q1FY26). Its consolidated revenue for the reporting quarter expanded by 11% Y-o-Y to Rs 11,333 crore, up from Rs 8,144 crore in Q1FY25. ABCL's stock closed 10.7% higher at Rs 278.35 per share on the BSE. ABCL is the holding entity for the Aditya Birla group's financial services businesses — including lending, mutual funds, and insurance. The overall lending portfolio — non-banking financial company (NBFC) and housing finance unit — grew by 30% to Rs 1.65 trillion as of June 31, 2025. ABCL's total assets under management (AUM) — including mutual funds, life insurance, and healthcare insurance — increased by 20% to Rs 5.53 trillion as of March 31, 2025. The life insurance individual first-year premium grew by 23% Y-o-Y to Rs 795 crore in Q1FY26, and the health insurance gross written premium grew by 30% Y-o-Y to Rs 1,357 crore, the company said in a statement.

Aditya Birla Capital raises Rs 1,301 cr in debt from AIIB to advance sustainable infra financing
Aditya Birla Capital raises Rs 1,301 cr in debt from AIIB to advance sustainable infra financing

Time of India

time30-06-2025

  • Business
  • Time of India

Aditya Birla Capital raises Rs 1,301 cr in debt from AIIB to advance sustainable infra financing

Beijing-based multilateral funding agency Asian Infrastructure Investment Bank ( AIIB ) has subscribed to Rs 1,301.25 crore of Non-Convertible Debentures (NCDs) issued by Aditya Birla Capital Ltd . The investment, structured as a privately placed, three-year NCD issuance, aims to accelerate financing in the renewable energy and e-mobility sectors to support India's transition toward a sustainable infrastructure ecosystem, Aditya Birla Capital Ltd (ABCL) said in a statement. As part of this strategic collaboration, AIIB has also supported ABCL in enhancing its Environmental and Social Management System (ESMS), aligning it with AIIB's Environmental and Social Framework (ESF) to ensure robust environmental and social governance in sub-projects, it said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like [Click Here] 2025 Top Trending local enterprise accounting software Esseps Learn More Undo This investment aligns with India's Nationally Determined Contributions (NDCs) under the Paris Agreement and supports government-led initiatives such as the National Infrastructure Pipeline and Renewable Energy Targets, it said. It underscores AIIB's ongoing efforts to build resilient and sustainable infrastructure ecosystems across Asia through trusted partnerships with leading financial intermediaries, it added.

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