Aditya Birla Capital gains after its arm launches `ABHFL- Finverse`
Aditya Birla Capital is currently trading at Rs. 176.40, up by 1.35 points or 0.77% from its previous closing of Rs. 175.05 on the BSE.
The scrip opened at Rs. 175.35 and has touched a high and low of Rs. 177.40 and Rs. 174.55 respectively. So far 135715 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 199.40 on 03-Jul-2023 and a 52 week low of Rs. 139.35 on 27-Mar-2023.
Last one week high and low of the scrip stood at Rs. 177.40 and Rs. 165.75 respectively. The current market cap of the company is Rs. 45968.39 crore.
The promoters holding in the company stood at 68.98%, while Institutions and Non-Institutions held 18.14% and 12.02% respectively.
Aditya Birla Capital’s fully owned subsidiary -- Aditya Birla Housing Finance (ABHFL) has launched ‘ABHFL- Finverse’, a unified digital lending platform aimed at re-imagining the home loan experience for customers. The platform will digitise the entire lending process from prospecting to disbursement, providing customers with a seamless experience journey, faster turnaround of loan application, greater transparency of loan status and real-time updates.
ABHFL conducted extensive research with customers and partners to understand the nuances of home buying experience and the challenges faced in the home loan journey. Through this platform, ABHFL has sought to make the home loan process simple and hassle-free for customers while enabling them to stay in control of the journey. With a seamless digital interface ABHFL-Finverse serves as a holistic digital ecosystem, connecting customers, partners, employees, and vendors on a common platform, thus resonating ABHFL's focus on customer satisfaction and convenience.
Aditya Birla Capital is one of the largest financial services players in India.