Aditya Birla Capital Targets AUM Doubling in Three Years, Housing Finance Loan Book to Hit ₹1 Lakh Crore
Aditya Birla Capital has announced plans to double its Assets Under Management within three years. The company has also set a target to grow its housing finance loan portfolio to ₹1 lakh crore. These targets highlight the company's strategic focus on scaling both its asset management and housing finance businesses.
Aditya Birla Capital Allocates 8,08,94,331 Shares to Grasim Industries at ₹356.02 Each, Totalling ₹2,879.99 Crore
Aditya Birla Capital has allocated 8,08,94,331 shares to Grasim Industries at ₹356.02 per share, with the total transaction valued at ₹2,879.99 crore. The allotment represents a significant capital transaction between two entities of the Aditya Birla Group. The deal underscores the financial linkages within the group, with Grasim Industries receiving a substantial block of newly issued shares.
Aditya Birla Capital Records ₹44.48 Crore Block Trade on NSE at ₹364.25 Per Share
A block trade of approximately 1,221,254 shares of Aditya Birla Capital was executed on the NSE at ₹364.25 per share. The total transaction value amounted to ₹44.48 crores. Such block deals are typically associated with institutional trading activity and are conducted to minimise market impact.
Macquarie, Morgan Stanley, and Jefferies Bullish on Aditya Birla Capital; Target Prices Range Up to ₹425
Macquarie, Morgan Stanley, and Jefferies have each maintained positive ratings on Aditya Birla Capital, with target prices of ₹415, ₹408, and ₹425 respectively. Key themes include strong asset quality improvement, healthy AUM growth, benign credit costs, and VNB margin expansion in the life insurance segment. Jefferies additionally flagged Q4 PAT growth of +29% YoY, a 26% AUM CAGR for the NBFC segment, VNB growth of +14%, and a projected 23% EPS CAGR with ROE expansion to approximately 16% by FY28.
Morgan Stanley Maintains Overweight Rating on Aditya Birla Capital with ₹405 Target Price
Morgan Stanley maintained its Overweight rating on Aditya Birla Capital with a ₹405 target price, highlighting strong business fundamentals. The company achieved impressive 48% year-on-year housing finance loan growth and demonstrated robust NII and profit growth driven by operating leverage. Asset quality improvements were evident through lower NPAs and declining provisioning, supporting earnings growth, though some operating metrics fell slightly below estimates.