Aditya Birla Capital Shares Surge on Stake Sale, YTD Gains

  Published 1 year ago

Aditya Birla Capital shares hit 248.70 rupees, up 2.6%, as Advent sells 1.4% stake via block deals; YTD gains near 40%.

  • Shares reach highest since April 2017 amid 5.68 bln rupee block deal at 242.65 rupees.
  • Advent International offloads 1.4% stake at 237.80 rupees per CNBC, TV18 report.
  • ADTB stock gains ~40% year to date despite stake sale at floor price.

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