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Aditya Birla Capital Ltd. ( (IN:ABCAPITAL) ) has provided an announcement.
Aditya Birla Capital Limited has invested Rs. 300 crore in its wholly owned subsidiary, Aditya Birla Housing Finance Limited, to support its growth and improve its leverage ratio. This investment, made on a rights basis, maintains the company’s 100% shareholding in the subsidiary, indicating a strategic move to strengthen its position in the housing finance sector.
More about Aditya Birla Capital Ltd.
Aditya Birla Capital Limited operates in the financial services industry, offering a range of products including housing finance through its wholly owned subsidiary, Aditya Birla Housing Finance Limited. The company focuses on leveraging its financial services to support growth and improve financial metrics.
Average Trading Volume: 662,780
Technical Sentiment Signal: Buy
Current Market Cap: 935.5B INR
See more data about ABCAPITAL stock on TipRanks’ Stock Analysis page.