Aditya Birla Lifestyle Brands share price falls 4% after listing. Do you own?

Aditya Birla Lifestyle Brands share price fell over 4 per cent on Monday, June 23 after listing on both NSE and BSE. The stock touched an intraday low to ₹ 159.15 amid stock market crash due to ongoing Israel-Iran war.
Shares of Aditya Birla Lifestyle Brands Limited (ABLBL) were listed on June 23 at ₹ 167 per share on the NSE and ₹ 167.75 on the BSE, after being demerged from Aditya Birla Fashion and Retail Limited (ABFRL). The stock's discovered price stood at ₹ 171 per share.
The BSE has announced that the stock will be moved to the T Group of Securities and will trade under the Trade-for-Trade segment for a period of 10 trading days.
As part of the arrangement, Aditya Birla Fashion and Retail Ltd (ABFRL) has demerged its Madura Fashion & Lifestyle (MFL) division, transferring it to Aditya Birla Lifestyle Brands.
Shareholders holding ABFRL shares as of the market close on May 21 will be entitled to receive shares of the newly demerged entity.
Shareholders of Aditya Birla Fashion will receive one share of the newly formed company, Aditya Birla Lifestyle Brands Ltd., for each share they hold on the record date.
This new entity will include the western wear legacy brands along with growth-focused labels such as Reebok, American Eagle, and Van Heusen innerwear. It will also encompass popular names like Louis Philippe, Van Heusen, Allen Solly, and Peter England.
Meanwhile, Aditya Birla Fashion and Retail will retain brands like Pantaloons, the ethnic wear segment under TCNS Clothing, premium designer labels such as Sabyasachi, Tarun Tahiliani, Masaba, and Shantanu-Nikhil, as well as premium offerings like Tasva and Jaypore, and luxury retail brand The Collective.
'This moment marks both a recognition of the progress we have made and a clear signal of the scale of opportunity that lies ahead. India stands at the cusp of a transformative growth phase, with consumption poised to be a primary driver. ABLBL's foundation is built on enduring strengths that set it apart in a competitive market. Our ambition is clear. To build India's first portfolio of billion-dollar brands in fashion and lifestyle," said Kumar Mangalam Birla, Chairman, Aditya Birla Group.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Hindustan Times

30 minutes ago

• Hindustan Times

Iran oil doomsday in Hormuz may be more fear than reality: Bousso

, not 55km , in paragraph 8) Iran oil doomsday in Hormuz may be more fear than reality: Bousso * US strikes on Iran spur fear of disruption to Middle East oil exports * Iran able to block the Strait of Hormuz, has tried in the past * Disruptions likely to be met by swift response from US Navy By Ron Bousso LONDON, - U.S. strikes on several Iranian nuclear sites represent a meaningful escalation of the Middle East conflict that could lead Tehran to disrupt vital exports of oil and gas from the region, sparking a surge in energy prices. But history tells us that any disruption would likely be short-lived. Investors and energy markets have been on high alert since Israel launched a wave of surprise airstrikes across Iran on June 13, fearing disruption to oil and gas flows out of the Middle East, particularly through the Strait of Hormuz, a chokepoint between Iran and Oman through which around 20% of global oil and gas demand flows. Benchmark Brent crude prices have risen by 10% to over $77 a barrel since June 13. While Israel and Iran have targeted elements of each other's energy infrastructure, there has been no significant disruption to maritime activity in the region so far. But President Donald Trump's decision to join Israel by bombing three of Iran's main nuclear sites in the early hours of Sunday could alter Tehran's calculus. Iran, left with few cards to play, could retaliate by hitting U.S. targets across the region and disrupting oil flows. While such a move would almost certainly lead to a sharp spike in global energy prices, history and current market dynamics suggest any move would likely be less damaging than investors may fear. CAN THEY DO IT? The first question to ask is whether Iran is actually capable of seriously disrupting or blocking the Strait of Hormuz. The answer is probably yes. Iran could attempt to lay mines across the Strait, which is 34 km wide at its narrowest point. The country's army or the paramilitary Islamic Revolutionary Guard Corps could also try to strike or seize vessels in the Gulf, a method they have used on several occasions in recent years. Moreover, while Hormuz has never been fully blocked, it has been disrupted several times. During the 1980s Iran-Iraq war, the two sides engaged in the so-called "Tanker Wars" in the Gulf. Iraq targeted Iranian ships, and Iran attacked commercial ships, including Saudi and Kuwaiti oil tankers and even U.S. navy ships. Following appeals from Kuwait, then-U.S. President Ronald Reagan deployed the navy between 1987 and 1988 to protect convoys of oil tankers in what was known as Operation Earnest Will. It concluded shortly after a U.S. navy ship shot down Air Iran flight 655, killing all of its 290 passengers on board. Tensions in the strait flared up again at the end of 2007 in a series of skirmishes between the Iranian and U.S. navies. This included one incident where Iranian speedboats approached U.S. warships, though no shots were fired. In April 2023, Iranian troops seized the Advantage Sweet crude tanker, which was chartered by Chevron, in the Gulf of Oman. The vessel was released more than a year later. Iranian disruption of maritime traffic through the Gulf is therefore certainly not unprecedented, but any attempt would likely be met by a rapid, forceful response from the U.S. navy, limiting the likelihood of a persistent supply shock. HISTORY LESSON Indeed, history has shown that severe disruptions to global oil supplies have tended to be short-lived. Iraq's invasion of neighbouring Kuwait in August 1990 caused the price of Brent crude to double to $40 a barrel by mid-October. Prices returned to the pre-invasion level by January 1991 when a U.S.-led coalition started Operation Desert Storm, which led to the liberation of Kuwait the following month. The start of the second Gulf war between March and May 2003 was even less impactful. A 46% rally in the lead-up to the war between November 2002 and March 2003 was quickly reversed in the days preceding the start of the U.S.-led military campaign. Similarly, Russia's invasion of Ukraine in February 2022 sparked a sharp rally in oil prices to $130 a barrel, but prices returned to their pre-invasion levels of $95 by mid-August. These relatively quick reversals of oil price spikes were largely thanks to the ample spare production capacity available at the time and the fact that the rapid oil price increase curbed demand, says Tamas Varga, an analyst at oil brokerage PVM. Global oil markets were also rocked during the 1973 Arab oil embargo and after the 1979 revolution in Iran, when strikes on the country's oilfields severely disrupted production. But those did not involve the blocking of Hormuz and were not met with a direct U.S. military response. SPARE CACITY The current global oil market certainly has spare capacity. OPEC , an alliance of producing nations, today holds around 5.7 million barrels per day in excess capacity, of which Saudi Arabia and the United Arab Emirates hold 4.2 million bpd. The concern today is that the vast majority of the oil from Saudi Arabia and the UAE is shipped via the Strait of Hormuz. The two Gulf powers could bypass the strait by oil pipelines, however. Saudi Arabia, the world's top oil exporter, producing around 9 million bpd, has a crude pipeline that runs from the Abqaiq oilfield on the Gulf coast in the east to the Red Sea port city of Yanbu in the west. The pipeline has capacity of 5 million bpd and was able to temporarily expand its capacity by another 2 million bpd in 2019. The UAE, which produced 3.3 million bpd of crude oil in April, has a 1.5 million bpd pipeline linking its onshore oilfields to the Fujairah oil terminal that is east of the Strait of Hormuz. But this western route could be exposed to attacks from the Iran-backed Houthis in Yemen, who have severely disrupted shipping through the Suez Canal in recent years. Additionally, Iraq, Kuwait and Qatar currently have no clear alternatives to the strait. It is possible that Iran will choose not to take the dramatic step of blocking the strait in part because doing so would disrupt its own oil exports. Tehran may also consider any further escalation fruitless in light of U.S. involvement and will instead try to downplay the importance of the U.S. strikes and come back to nuclear negotiations. In the meantime, spooked energy markets, fearing further escalation, are apt to respond to the U.S. strikes with a sharp jump in crude prices. But even in a doomsday scenario where the Strait of Hormuz is blocked, history suggests markets should not expect any supply shock to be persistent. Enjoying this column? Check out Reuters Open Interest , your essential new source for global financial commentary. ROI delivers thought-provoking, data-driven analysis. Markets are moving faster than ever. ROI can help you keep up. Follow ROI on LinkedIn and X. This article was generated from an automated news agency feed without modifications to text.

The Hindu

32 minutes ago

• The Hindu

Markets slump on heightened tensions in Middle East; Sensex drops 500 points

Stock market benchmark indices Sensex and Nifty tumbled on Monday (June 23, 2025), as intensifying tensions in the Middle East after the U.S. bombed three major nuclear sites in Iran unnerved investors. After losing over 900 points in day trade, the 30-share index recovered some lost ground to close with a loss of 511.38 points or 0.62% at 81,896.79. During the day, it tumbled 931.41 points or 1.13% to 81,476.76. The 50-share NSE Nifty dropped 140.50 points or 0.56% to 24,971.90. The U.S. bombed three major nuclear sites – Fordow, Natanz and Isfahan – in Iran, directly engaging itself in the Israel-Iran conflict. From the Sensex pack, HCL Tech, Infosys, Larsen & Toubro, Mahindra & Mahindra, Hindustan Unilever, ITC, Tata Consultancy Services and Maruti were the biggest laggards. In contrast, Trent, Bharat Electronics, Bajaj Finance and Kotak Mahindra Bank were among the gainers. In Asian markets, South Korea's Kospi and Japan's Nikkei 225 index settled lower, while Shanghai's SSE Composite index and Hong Kong's Hang Seng ended higher. European markets were trading lower in mid-session. U.S. markets ended mostly lower on Friday (June 20, 2025). Global oil benchmark Brent crude climbed 0.49% to $77.39 a barrel. 'Last Friday (June 20, 2025), markets buildup in anticipation of easing Middle East tensions, following the U.S. announcement of a two-week window to deliberate its involvement in the Israel-Iran conflict. However, the unexpected U.S. airstrike on Iran's nuclear facilities over the weekend disrupted those expectations, triggering a sharp rise in crude oil prices and leading to consolidation in the domestic equity market,' Vinod Nair, Head of Research, Geojit Investments Limited, said. 'Despite the initial setback, the market recovered some of its losses, supported by gains in capital goods and metal stocks, as fears of an immediate oil supply disruption remained low,' he added. Foreign Institutional Investors (FIIs) bought equities worth ₹7,940.70 crore on Friday (June 20, 2025), according to exchange data. On Friday (June 20, 2025), the 30-share BSE Sensex surged 1,046.30 points or 1.29% to settle at 82,408.17. The Nifty climbed 319.15 points or 1.29% to 25,112.40.

Economic Times

32 minutes ago

• Economic Times

Stocks plunged news: Sensex falls! These stocks fell 5% or more in Monday's session

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel NEW DELHI: Several stocks plunged in excess of 5 per cent in Mumbai trading on Monday even as equity benchmark BSE Sensex traded 511.38 points down at 81896.79 amid brisk selling in frontline bluechip the BSE, City Crops Agro(down 11.36 per cent), Beeyu Overseas(down 11.11 per cent), United Interactive(down 10.05 per cent), Naapbooks Ltd.(down 9.97 per cent) and Continental Cont(down 9.94 per cent) stood among the top losers in today's the Nifty pack, 15 stocks closed in the green, while 35 stocks ended in the index closed 140.5 points down at the BSE, Photoquip Ind Saumya Consultants and Pankaj Piyush hit their fresh 52-week lows, while Lakshmi Mills Innovana Thinklabs and AGI Infra Ltd. touched their fresh 52-week highs in today's trade.