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Aditya Birla Fashion shares nosedive 10% on Flipkart's exit
short by Pragya Swastik / on 04 Jun 2025,Wednesday
Aditya Birla Fashion and Retail (ABFRL) shares declined 10% to ₹77 per share on Wednesday. The stock fell after reports claimed Flipkart is offloading its entire 6% stake in ABFRL through a block deal estimated at nearly ₹600 crore. Flipkart reportedly offered to sell its stake at ₹79.50 per share, a discount of 7.6% to the last closing price.
short by Pragya Swastik / 11:03 am on 04 Jun
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