Exchange data showed that Jomei Investments sold its entire 53.2 million shares, representing a 2% equity stake, at Rs 308 per share, valuing the transaction at Rs 16.39 billion ($186.47 million). The offer price was set at a 1.5% discount to Aditya Birla Capital’s previous close of Rs 312.6 on Tuesday.
Second exit in 2025
This marks Advent’s second stake sale in Aditya Birla Capital this year. In June, the private equity firm sold a 1.4% stake at a discounted floor price of Rs 237.8 per share, raising Rs 8.56 billion.
Stock performance
Aditya Birla Capital’s stock has continued its strong upward trajectory. The shares are up 12% in the past month and have gained nearly 75% so far in 2025, outperforming the broader market.
From a technical perspective, the stock is trading above all eight key simple moving averages — the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day — signaling sustained bullish momentum.The Relative Strength Index (RSI) stands at 65.2, suggesting the stock is approaching overbought levels but remains in positive territory. Meanwhile, the Moving Average Convergence Divergence (MACD) at 5.5 stays above both the center and signal lines, reinforcing the bullish trend.Also read | Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock
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