Aditya Birla Lifestyle Brands Ltd Makes Volatile Stock Market Debut

Aditya Birla Lifestyle Brands Ltd (ABLBL) entered the stock market on Monday following its demerger from Aditya Birla Fashion and Retail. The shares opened at Rs 167.75 on the BSE, briefly climbing to Rs 176.10 before closing at Rs 159.40, dipping 4.97% by end of trading.

On the National Stock Exchange (NSE), ABLBL shares also saw a decline, opening at Rs 167 and ending at Rs 159, marking a 4.79% reduction. Despite the turbulent debut, the company's market capitalization remains substantial at Rs 19,451.50 crore.

The BSE has announced that effective June 23, 2025, ABLBL shares will be listed under the 'T' Group Securities category. This marks a significant milestone for the company as it embarks on its standalone journey post-demerger.

(With inputs from agencies.)