Smallcap Stock Under Rs 100: Aditya Birla Group Stock Tanks Over 8% As Q1 Net Loss Widens

Smallcap Stock Under Rs 100: On Monday, the smallcap stock currently priced under Rs 100, opened at Rs 61.70 compared to a previous close of Rs 63.33 and extended losses by over 8% to hit an intraday low of Rs 57.86 so far during the session.

Advertisement
Read Time: 2 mins
Quick Read
Summary is AI-generated, newsroom-reviewed
  • Shares of Aditya Birla Fashion & Retail fell over 8% in early trade on Aug 10
  • The company reported a net loss of Rs 215 crore for Q1 FY27, up from Rs 212 crore
  • Stock opened at Rs 61.70, down from the previous close of Rs 63.33
Did our AI summary help?
Let us know.

Smallcap Stock Under Rs 100: Shares of Aditya Birla Fashion & Retail Ltd. slumped more than 8% in early trade on Monday, Aug. 10, after the fashion retail company's net loss widened during the April-June quarter of fiscal 2026-27 (Q1FY27). The Aditya Birla Group company declared its first quarter earnings for fiscal 2027 on Aug. 8, reporting a net loss of Rs 215 crore, compared to a loss of Rs 212 crore in the corresponding period last year. 

On Monday, the smallcap stock currently priced under Rs 100, opened at Rs 61.70 compared to a previous close of Rs 63.33 and extended losses by over 8% to hit an intraday low of Rs 57.86 apiece on the NSE so far during the session. Shares of Aditya Birla Fashion & Retail Ltd. last traded 8.87% lower at Rs 57.71 apiece on the NSE. This compares to a 0.17% drop in the Nifty 50 benchmark. The stock has slumped over 7% in one week, nearly 4% in one month, and 24% on a year-to-date basis. The company commands a market cap of Rs 7,059.43 crore, according to stock exchange data.

Advertisement

Aditya Birla Fashion Share Price Intraday

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.


Loading...