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Aditya Birla Nuvo inches up on board's nod for banking licence application

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Capital Market
Last Updated : Jun 26 2013 | 10:30 AM IST

The announcement was made after market hours on Tuesday, 25 June 2013.

Meanwhile, the S&P BSE Sensex was up 39.31 points or 0.21% at 18,668.46.

On BSE, 2,526 shares were traded in the counter as against average daily volume of 22,391 shares in the past two weeks.

The stock hit a high of Rs 1,059.95 and a low of Rs 1,035.55 so far during the day.

Aditya Birla Nuvo's consolidated net profit rose 16.8% to Rs 198.87 crore on 16.6% growth in net sales to Rs 6906.92 crore in Q4 March 2013 over Q4 March 2012.

Over the years, Aditya Birla Nuvo has successfully ventured into the service sectors viz., financial services (life insurance, asset management, NBFC, private equity, broking, wealth management and general insurance advisory), fashion & lifestyle, telecom and IT-ITeS.

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First Published: Jun 26 2013 | 9:48 AM IST

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