Aditya Birla Fashion and Retail Shares Surge 15% Post Demerger Decision | Stock Market News

Zee Business Video Team | Updated: April 2, 2024 03:24 PM IST

Aditya Birla Fashion and Retail (ABFRL) witnessed a significant 15% intraday rise in share price on April 2 following the board's decision to demerge its Madura Fashion & Lifestyle business. The proposed demerger aims to create two separate listed entities with distinct growth prospects.



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