Aditya Birla Capital surges after entering into strategic partnership with IPPB
Aditya Birla Capital is currently trading at Rs 223.40, up by 2.10 points or 0.95% from its previous closing of Rs 221.30 on the BSE.
The scrip opened at Rs 221.50 and has touched a high and low of Rs 224.00 and Rs 220.75 respectively. So far 53076 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 246.95 on 20-Jun-2024 and a 52-week low of Rs 148.75 on 17-Feb-2025.
Last one week high and low of the scrip stood at Rs 224.00 and Rs 213.20 respectively. The current market cap of the company is Rs 58087.58 crore.
The promoters holding in the company stood at 68.85%, while Institutions and Non-Institutions held 17.60% and 12.58% respectively.
Aditya Birla Capital and India Post Payments Bank (IPPB) have entered into strategic partnership to broaden the reach and accessibility to loan products across Bharat. This partnership integrates Aditya Birla Capital’s diverse suite of lending products with IPPB's extensive network and digital infrastructure, aiming to provide seamless credit access to IPPB customers nationwide.
Through this collaboration, IPPB will provide referral service for Aditya Birla Capital’s wide range of loan solutions including personal loans, business loans, and loan against property to its existing customer base. IPPB Customers will be able to avail loan facilities through Aditya Birla Capital’s state-of-the-art digital platforms ensuring a streamlined process for quick approvals, minimal documentation and hassle-free disbursement. This ecosystem integrates cutting-edge AI and data analytics to offer personalized financial solutions, catering to the diverse needs of customers across the length and breadth of the country.
Aditya Birla Capital is one of the largest financial services players in India.
