As of October 11, 2024, the share price of Aditya Birla Fashion and Retail Ltd. (ABFRL) is ₹340.25. The stock has shown a positive trend, having increased by about 42.81% over the past six months and approximately 53.2% in the last year.
This growth reflects the company’s robust performance in the retail sector and investor confidence in its business model. The stock is actively traded on the National Stock Exchange (NSE) under the ticker symbol ABFRL, making it accessible to a wide range of investors interested in the fashion and retail market in India. For real-time updates on the share price, investors can track financial news platforms and stock market apps, which provide live data and market insights.
What is the 52-week high and low for ABFRL shares?
The 52-week high and low for Aditya Birla Fashion and Retail Ltd. (ABFRL) shares indicate the range within which the stock has traded over the past year. As of October 11, 2024, the 52-week high for ABFRL is ₹364.40, while the 52-week low is ₹198.75.
This wide range showcases the volatility of the stock, which can be influenced by various factors such as market trends, consumer demand, and the company’s financial performance. The stock hitting its 52-week high suggests a peak in investor confidence, likely driven by strong revenue growth and positive earnings reports.
Conversely, the 52-week low may reflect market corrections or challenges faced by the company at certain points. Monitoring these levels helps investors understand potential entry and exit points for trading and assessing the overall market sentiment toward ABFRL. Investors can find detailed historical data on financial websites that track stock performance.
How has the share price of Aditya Birla Fashion changed over the last year?
Over the past year, the share price of Aditya Birla Fashion and Retail Ltd. has experienced significant appreciation. Starting from a lower point, the stock has risen substantially, marking an increase of about 53.2%.
This upward trend can be attributed to several factors, including strong sales growth, strategic acquisitions, and an expanding market presence. The company’s performance has been positively received by investors, leading to increased buying interest and a higher share price.
Additionally, robust quarterly earnings reports and improved profitability metrics have further fueled this rise. The increase in share price indicates not only investor confidence in the company’s growth prospects but also reflects the overall health of the retail sector in India.
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What is the market capitalization of Aditya Birla Fashion and Retail?
As of October 11, 2024, Aditya Birla Fashion and Retail Ltd. has a market capitalization of approximately ₹36,446.3 crore. Market capitalization, calculated by multiplying the current share price by the total number of outstanding shares, serves as an important indicator of the company’s size and market value.
A larger market cap often suggests that a company is more stable and established, appealing to investors looking for long-term investments. ABFRL’s significant market capitalization places it within the mid-cap category in the stock market.
This positioning means that it has the potential for both growth and volatility, offering opportunities for investors seeking to diversify their portfolios in the retail sector. The company’s market cap is monitored by investors and analysts as a gauge of its overall market presence and competitiveness compared to other players in the industry.
FAQ’S
What are the earnings per share (EPS) for Aditya Birla Fashion?
As of the latest financial reports, the earnings per share (EPS) for Aditya Birla Fashion and Retail Ltd. is ₹37.54. This metric indicates the company’s profitability, reflecting the amount of profit allocated to each outstanding share of common stock. A higher EPS generally signifies better profitability and financial health, making the stock more attractive to investors.
Who are the major shareholders of Aditya Birla Fashion?
The major shareholders of Aditya Birla Fashion and Retail Ltd. include Birla Group Holdings Private Limited, which holds a 23.31% stake, IGH Holdings Private Limited with 13.45%, and Grasim Industries Limited, owning 9.61%. These stakeholders play a significant role in the company’s strategic direction and governance.
What is the Price-to-Earnings (PE) ratio for ABFRL?
The Price-to-Earnings (PE) ratio for Aditya Birla Fashion and Retail Ltd. stands at 8.73. This ratio is a key indicator for investors, reflecting the relationship between the company’s current share price and its earnings per share. A lower PE ratio may indicate that the stock is undervalued compared to its earnings.
What is the recent dividend yield for Aditya Birla Fashion?
The recent dividend yield for Aditya Birla Fashion and Retail Ltd. is approximately 1.75%. This yield represents the annual dividend paid by the company as a percentage of its share price, indicating the income investors can expect from their investment in ABFRL.