Aditya Birla Fashion and Retail gained 2.39% to Rs 177.80 at 15:01 IST on BSE after a bulk deal of 29.10 lakh shares was executed on the scrip at Rs 174.45 per share at 09:33 IST on BSE.
Meanwhile, the S&P BSE Sensex was up 22 points, or 0.07%, to 32,267.87.
Bulk deal boosted volume on the scrip. On BSE, so far 34 lakh shares were traded in the counter, compared with an average daily volume of 70,072 shares in the past one quarter. The stock hit a high of Rs 185.80 and a low of Rs 172.80 so far during the day. The stock hit a 52-week high of Rs 188.60 on 13 June 2017. The stock hit a 52-week low of Rs 127 on 21 November 2016.
The stock had underperformed the market over the past one month till 24 July 2017, staying unchanged compared with 3.56% rise in the Sensex. The scrip had also underperformed the market in past one quarter, gaining 0.81% as against Sensex's 8.73% rise. The scrip, however, outperformed the market in past one year, rising 23.77% as against Sensex's 15.98% rise.
The large-cap company has an equity capital of Rs 771.60 crore. Face value per share is Rs 10.
Aditya Birla Fashion and Retail reported net profit of Rs 21.83 crore in Q4 March 2017, compared with net loss of Rs 108.97 crore in Q4 March 2016. Net sales rose 12.49% to Rs 1614.93 crore in Q4 March 2017 over Q4 March 2016.
Aditya Birla Fashion and Retail is a premium clothing retail chain.
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