Archive · 23 Jun 2025
ABLBL Shares Fall Nearly 5% After Market Listing
Aditya Birla Lifestyle Brands (ABLBL), a company with brands like Louis Philippe, was recently separated from Aditya Birla Fashion and Retail.
When ABLBL was listed on the stock market, its share price moved up and down a lot during the day.
The stock started at a certain price and ended the day lower.
People who owned shares in the original company received shares in the new company.
Experts are watching the stock's performance and have given it a neutral rating, suggesting the price might not change much in the near future.
ABLBL shares listed on Monday after demerger from Aditya Birla Fashion and Retail.
The stock experienced volatility, hitting both upper and lower circuit limits during the day.
ABLBL opened at ₹167.75 on the BSE and closed at ₹159.40, down 4.97%.
Shareholders of ABFRL received one ABLBL share for each ABFRL share held.
Motilal Oswal Financial has a Neutral rating on ABLBL with a target price of ₹190.
- Who
- Aditya Birla Lifestyle Brands (ABLBL) and Aditya Birla Fashion and Retail (ABFRL).
- What
- Aditya Birla Lifestyle Brands (ABLBL) listed on the stock market after demerger from Aditya Birla Fashion and Retail.
- When
- Listed on Monday, June 23, 2025.
- Where
- On the BSE and NSE stock exchanges.
- Why
- Following the demerger from Aditya Birla Fashion and Retail.
- Company Name
- Aditya Birla Lifestyle Brands Ltd (ABLBL)
- Listing Date
- June 23, 2025
- Opening Price (BSE)
- ₹167.75
- Closing Price (BSE)
- ₹159.40
- Share Decline (BSE)
- 4.97%
- Share Decline (NSE)
- 4.79%
- Rating
- Neutral
- Target Price
- ₹190