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Aditya Birla Fashion advances on getting nod for SPA with Jaypore E-Commerce

10 Jun 2019 Evaluate

Aditya Birla Fashion and Retail is currently trading at Rs. 219.55, up by 1.00 points or 0.46% from its previous closing of Rs. 218.55 on the BSE.

The scrip opened at Rs. 219.00 and has touched a high and low of Rs. 221.00 and Rs. 216.05 respectively. So far 18814 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 236.45 on 12-Mar-2019 and a 52 week low of Rs. 132.15 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 224.20 and Rs. 210.70 respectively. The current market cap of the company is Rs. 16947.43 crore.

The promoters holding in the company stood at 59.10%, while Institutions and Non-Institutions held 28.14% and 12.76% respectively.

Aditya Birla Fashion and Retail has received approval for entering into a Share Purchase Agreement (SPA) with the existing shareholders of ‘Jaypore E-Commerce’, a B2B entity which sells ethnic fashion merchandise under its own brand ‘Jaypore’ and of other third-party brands.

The Board has also given approval for entering into a SPA with the existing shareholders of ‘TG Apparel & Décor’, a B2C entity which retails ethnic fashion, both online and offline.

Aditya Birla Fashion and Retail is engaged in providing branded fashion apparels and accessories, and the retail sale of clothing, footwear and leather articles in stores. It operates through two segments: Madura Fashion & Lifestyle, and Pantaloons. The company's brands include Louis Philippe, Van Heusen, Allen Solly and Peter England.

Aditya Birla Fashion Share Price

64.24 0.40 (0.63%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4629.25
Trent 4105.95
Vishal Mega Mart 118.90
Aditya Birla Lifesty 105.86
PN Gadgil Jewellers 667.45
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