Synopsis
The share sale in Aditya Birla Solar Life Asset Administration Firm will unlock worth within the monetary companies firm belonging to the Aditya Birla Group, boosting its valuations.
MUMBAI: Shares of Aditya Birla Capital (ABCL) rose to 2 and half years excessive of Rs 134.50 on Wednesday after the corporate stated its board will think about an Preliminary Public Providing (IPO) for its mutual fund subsidiary. The share sale in Aditya Birla Solar Life Asset Administration Firm, the nation’s fourth largest mutual fund with belongings of Rs2.55 lakh crore, will unlock worth within the monetary companies firm belonging to the Aditya Birla Group,
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