Aditya Birla Capital Commits ₹750 Crore to Aditya Birla Housing Finance Through Rights Issue

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Aditya Birla Capital invests ₹750 Cr in Housing Finance arm via rights issue

Aditya Birla Capital | The stock has seen a decisive breakout above multiple resistance zones around ₹250, backed by a strong bullish candle. The stock also continues to form higher highs, and higher lows. The breakout is also backed by a notable surge in volumes. The quarterly MACD remains firmly above the zero line, signaling sustained positive momentum. As a result, Axis Direct indicates an upside towards levels between ₹340 - ₹375, an upside of up to 44% from current levels. ₹270 - ₹250 is suggested to be the buy range, with ₹240 - ₹222 being the support zone.

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CNBC TV18•10-03-2026, 20:46

Aditya Birla Capital invests ₹750 Cr in Housing Finance arm via rights issue

•Aditya Birla Capital (ABC) invested ₹749.99 crore in its wholly-owned subsidiary, Aditya Birla Housing Finance Ltd (ABHFL).
•The investment was made on March 10, 2026, through a rights issue of equity shares.
•The funds are intended to support ABHFL's growth and enhance its leverage ratio.
•ABC's shareholding in ABHFL remains 100% post-transaction, maintaining its wholly-owned subsidiary status.
•Shares of Aditya Birla Capital Ltd closed up 2.73% on the BSE following the announcement.

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