What does Aditya Birla Chemicals do?
Aditya Birla Chemicals is a leading manufacturer of bulk and specialty chemicals and viscose filament yarn. The business is spread across multiple manufacturing locations in four countries – India, Thailand, Germany and China.
Is Aditya Birla Indian company?
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 36 countries with more than 140,000 employees. The group was founded by Seth Shiv Narayan Birla in 1857.
Is Grasim part of Aditya Birla Group?
About Grasim
Grasim Industries Limited, a flagship company of the global conglomerate Aditya Birla Group, ranks amongst the top publicly listed companies in India. Incorporated in 1947, it started as a textiles manufacturer in India.
Is Grasim a holding company?
Grasim has been a textiles, chemicals and cement play up till now. However, with cement represented by its over 60 per cent stake in UltraTech, Grasim has remained its holding company. It has thus been valued by the market after assigning a 30-40 per cent discount to the actual value of cement business.
Which is the biggest company in Aditya Birla Group?
Hindalco Industries Limited
It is the Largest in the list of aditya birla group subsidiaries based on Turnover.
Should I buy Grasim share?
Motilal Oswal is bullish on Grasim recommended buy rating on the stock with a target price of Rs 1880 in its research report dated May 30, 2022.
Is Aditya Birla a good company?
Aditya Birla Group is rated 4.2 out of 5, based on 15.5k reviews by employees on AmbitionBox. Aditya Birla Group is known for Job Security which is rated at the top and given a rating of 4.2. However, Career growth is rated the lowest at 3.7 and can be improved.
Who is owner of UltraTech Cement?
Aditya Birla GroupGrasim Industries
UltraTech Cement/Parent organizations
Is Grasim a good buy?
In impressive fashion, Grasim Industries’ EPS grew from ₹61.95 to ₹107, over the previous 12 months. Year on year growth of 73% is certainly a sight to behold. The best case scenario? That the business has hit a true inflection point.
Is Aditya Birla good company?
Who owns Allen Solly?
The Aditya Birla Group
ABFRL is part of The Aditya Birla Group, a leading Indian conglomerate.
Is Aditya Birla Capital a good buy?
It maintains Buy rating, with a SoTP (Mar’24E) based TP of INR140 per share, implying a potential upside of 40%. Promoters held 71.07 per cent stake in the company as of 31-Mar-2022, while FIIs owned 6.5 per cent, DIIs 8.19 per cent.
Why Cement stocks are falling?
Cement stocks are falling due to high fuel costs. The costs have risen sharply in recent months. It has put pressure on margins and has led to a decline in stock prices. In addition, the strong US dollar has also made cement exports more expensive, further eroding profits.
What is Aditya Birla Group famous for?
With over seven decades of responsible business practices, our businesses have grown into global powerhouses in a wide range of sectors – metals, pulp and fibre, chemicals, textiles, carbon black, telecom, cement, financial services, fashion retail and renewable energy.
Is Aditya Birla a Fortune 500 company?
A global conglomerate, the Aditya Birla Group is in the League of Fortune 500. Anchored by an extraordinary force of over 120,000 employees belonging to 42 nationalities, the Group is built on a strong foundation of stakeholder value creation.
Which is the No 1 cement in India?
UltraTech Cement Ltd
A list of the Indian largest cement companies ranked by Revenue and Market Share
| Rank | Indian Cement Company | Revenue (Rs Cr) |
|---|---|---|
| 1 | UltraTech Cement Ltd | 38,657 |
| 2 | Ambuja Cements Ltd | 26,646 |
| 3 | ACC Ltd | 15,398 |
| 4 | Shree Cement Ltd | 12,555 |
Which is the biggest cement factory in India?
The Wadi cement plant of ACC Limited, in India’s southern state of Karnataka, now enjoys the distinction of being the world’s largest cement plant.
What are the products of Aditya Birla Group?
Brands
- View by sector.
- Carbon Black.
- Cement.
- Fashion.
- Metals.
- Textiles.
- Chemicals.
Is Van Heusen India brand?
This premier Indian brand of men’s apparel that started in 1989 is owned by Madura Fashion and Lifestyle, a division of the Aditya Birla Group. The group also owns many other clothing and lifestyle brands namely, Van Heusen, Allen Solly and Peter England.
Is Van Heusen a luxury brand?
Van Heusen is a premium lifestyle brand sold in over 55 countries that caters to workwear, casuals, party wear, sportswear and accessories, especially in countries like India, Chile and Peru; distributed through department, specialty and 131 Van Heusen stores around the world.
What is the future of Aditya Birla Capital?
Mini. Aditya Birla Capital is on an expansion mode and plans to monetise the company’s 2 crore clients to boost its financial services such as retail loans, insurance and AMC business, according to brokerage firm Jefferies. The company would work on cross-selling the financial products over three to five years.
What is the future of AB Capital?
As on 19th Sep 2022 ABCAPITAL SHARE Price closed @ 114.90 and we RECOMMEND Buy for LONG-TERM with Stoploss of 109.12 & Strong Buy for SHORT-TERM with Stoploss of 105.88 we also expect STOCK to react on Following IMPORTANT LEVELS.
Which cement stock is best in India?
Model Portfolio:
| Company Name | Weightage | CMP – Sept 2022 |
|---|---|---|
| Shree Cements | 52% | 23,317.70 |
| UltraTech Cement | 29% | 6,481.40 |
| ACC | 18% | 2,611.50 |
| Ambuja | 11% | 516.7 |
Why UltraTech Cement is down?
UltraTech Cement Ltd’s shares have fallen by as much as 26% so far this calendar year. Investor concerns are understandable. Cost inflation has been a pressing worry and margins are expected to be under pressure during the first half of financial year 2023 (H1FY23).
Is Birla owned by Tata?
Birla has been on the board of Tata Steel since 2001. However, he has attended only a few board meetings and AGMs of the company. Birlas have been linked with Tatas since the days of GD Birla, Kumar Mangalam’s great-grandfather.