Which Business Segments Are Dragging This Aditya Birla Group Stock Down?
India, Nov. 6 -- The shares of this small cap company majorly engaged in managing multiple branded apparel businesses which includes value retail, ethnic wear, luxury retail and digital-first fashion brands, including Pantaloons, WROGN, Bewakoof and many more were in focus after announcing Q2 FY27 result.
With the market capitalization of Rs. 4,751 Crores, the shares of Aditya Birla Fashion & Retail Ltd reached an intraday low of Rs. 38.57 per share falling nearly 8 percent from its previous day close of Rs. 41.78 per share. The company has delivered a negative ROCE of 3.76 percent and negative ROE of 13.6 percent
Pantaloons Faces Profitability Pressure
Pantaloons reported revenue of Rs. 1,140 crore in Q2 FY27, compared with Rs. 1,1...
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