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Aditya Birla Capital Stock Price | Aditya Birla Capital share price analysis

Why Aditya Birla Capital share price is rising today? | Aditya Birla Capital share price analysis | Yadnya Investment Academy

Published on 09 March 2021 Views 89 Comments 0

 Aditya Birla Capital: Aditya Birla Capital Share Price

Aditya Birla Capital share price (ABCL) has delivered a pleasant return of 47% in the last 1 month and rose up to nearly 5% in single day trading on March 8th, 2021. Let's take a look at the reasons and developments that are making the share price go up.

 

Reason behinds rise in Stock Price of ABCL: Aditya Birla Capital Share Price Review

  • IGH Holdings, company owned by K.M. Birla, have bought 62.30 lakh shares of AB capital share price in open market. With this purchase, IGH has increased their stake in ABCL from 1.95% to 2.16%. This step of promoter buying has built the positive sentiments among the investors.

  • ABCL owns several subsidiaries namely, Aditya Birla Mutual Funds, Aditya Birla Sunlife Insurance Fund, NBFC Arm, Broking Arm, etc. News of Upcoming IPOs of some of the subsidiaries, especially Aditya Birla SunLife of Rs. 5,000 cr. which might lead to value unlocking of the ABCL stock, and this news is playing a great role in the upward session of Aditya Birla Group Share Price.

IPO worth Rs. 5,000 cr. Of Aditya Birla Sun Life: Birla Share Price

  • According to various news reports, ABCL may come up with the IPO of around Rs. 5,000 cr. of its AMC ‘Aditya Birla SunLife Mutual Fund’.

  • Talking about the current shareholding of the Aditya Birla SunLife Mutual Fund, 51% of the stake is held by Aditya Birla Capital share price & rest 49% stake is held by a Karnataka based company Sun Life.

  • Total Asset Under Management (AUM) of Aditya Birla SunLife Mutual Fund is Rs. 3 lakh crores. For this AMC business, estimated Market Value is about Rs. 26,000 crores.

  • Out of the rough market valuation of this AMC of Rs. 26,000 crores, nearly 20% i.e., Rs. 5,000 cr. of the stake sale can be done by both the promoters (AB Capital & SunLife).

  • IPO of Aditya Birla SunLife Mutual Fund can come in the first quarter of FY22 by June 2021.

  • The Market Capitalization of AB Capital stock is around Rs. 31,700 cr. Whereas the estimated market valuation of the AMC business is about Rs. 26,000 crores. Accordingly, market valuation of AB Capital of Rs. 13,000 crores accounts to their AMC business for their stake of 51%.

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