Shares of Aditya Birla Capital Ltd hit a 52-week high of Rs 392.90 on 22 June, gaining over 4% as its market cap crossed Rs 1 lakh crore for the first time.
That Rs 1 lakh crore milestone is not a small thing for a financial services company that has been steadily building scale over the past several years.
The rally connects directly to a fundraise the company announced weeks ago.
Aditya Birla Capital’s board approved raising Rs 4,000 crore through a preferential allotment of shares, priced at Rs 356.02 per share.
The money comes from three investors: parent company Grasim Industries is putting in Rs 2,880 crore, Singapore-based Suryaja Investment Pte Ltd is contributing Rs 200 crore, and the International Finance Corporation is investing Rs 920 crore.
The company said the funds will go towards growing its lending business and building its capital base for the next phase of expansion.
The numbers backing this move are worth noting. In the March 2026 quarter, Aditya Birla Capital reported a 30% year-on-year rise in consolidated net profit to Rs 1,124 crore.
Total income rose to Rs 13,475.74 crore, while consolidated revenue grew 12% to Rs 15,877 crore.
Its combined lending portfolio across its non-banking finance and housing finance arms expanded 32% year on year to Rs 2.07 trillion as of 31 March 2026.
Assets under management across its mutual fund, life insurance and health insurance businesses rose 16% to Rs 5.91 trillion.
Aditya Birla Group Chairman Kumar Mangalam Birla noted that financial services have become central to India’s economic growth, and said the company has built scale across its portfolio with disciplined execution.
Aditya Birla Capital closed at Rs 392.30 on NSE, up 4.36%, with its intraday high of Rs 392.90 marking a new 52-week peak for the stock.
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