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Buy Mid Cap Aditya Birla Group Stock For 16% Gains, Target Price Rs 381: Edelweiss Wealth Research

Edelweiss Wealth Research has rated "buy" Aditya Birla Fashion & Retail Ltd. (ABFRL) in its recent report published on 05 November 2022. the brokerage suggests "buy" the stock with a target price of Rs 381 per share. Given the target price, ...

Pantaloons Signs Deal With British Brand; Stock Down 4 Per cent

Pantaloons, a division of Aditya Birla Fashion and Retail said that it has added yet another international brand Izabel London to its rich portfolio of exclusive brands. The deal is a part of the company's strategic intent to grow its international ...

Pantaloon & Future Ventures to demerge fashion business

The Boards of Directors of Pantaloon Retail India Limited ("PRIL") and Future Ventures India Ltd, ("FVIL") approved a proposal to consolidate their fashion businesses into a new to be listed entity ("Future Fashion"), which would emerge as one of India's largest ...

Retail stocks drop as FDI in multi-brand fizzles out

Retail stocks dropped sharply today as reports that most of the states would not implement FDI in multi-brand retail, affected sentiments. Shares of Pantaloon Retail dropped more than 5%, while Provogue too dropped by more than 5%. Shopper's Stop and ...

Why it's easy for some business journalists to make money in stocks?

This week a leading business newspaper carried a report that FDI in multi-brand retail could get the nod after the Presidential elections. The same day retail stocks were on fire. Koutons Retail India stock gained 14.25 per cent, while Shoppers ...

Kishore Biyani looks to trim Pantaloon debt; sells stake in Future Capital

Kishore Biyani's Future Group has announced that it would be selling its stake in Future Capital Holdings to Warburg Pincus India Pvt Ltd in a cash deal worth Rs 692 crores. The cash is expected to enable the Future Group's retail ...

Pantaloon stock takes a breather following Aditya Birla group stake

The stock of Pantaloon Retail took a breather today and dropped, after a sharp rally on Monday following capital infusion from Aditya Birla Nuvo for a stake in the company. The stock dropped 3.86%, following a sharp rally on Monday and ...