Consolidated revenue, net of excise duty, grew by nearly 22% YoY to Rs 3,871 crore, led by a healthy growth in volumes and realisations. Despite the strong earnings growth, the stock wiped the gains and fell 0.7% to Rs 946.10 due to profit-booking.
The Aditya Birla Group firm has completed the acquisition of 10.13 crore equity shares of India Cements (ICL), representing 32.72% of the equity share capital
India’s ECM volumes surged past $70 billion in 2024, overtaking major markets like China and Japan and cementing its position as the world’s second-largest ECM
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