Business Standard

Aditya Birla Fashion jumps 4%, hits record high on impressive Q3 results

The company delivered a strong performance and beat expectations on all fronts in a challenging environment

Pantaloons, fashion, lifestyle market, retail store
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SI Reporter Mumbai
Shares of Aditya Birla Fashion and Retail rose 4 per cent to its all-time high level of Rs 264 on the BSE on Friday in an otherwise subdued market after the company reported impressive December quarter results (Q3FY20).

The stock of the Aditya Birla Group company surpassed its previous high of Rs 263, touched on January 1, 2016. In the past three trading days, it has gained 15 per cent, against 1 per cent rise in the S&P BSE Sensex.

The company’s standalone profit before tax (PBT) during the quarter jumped 58 per cent year on year (YoY) at

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