Birla Corporation Ltd (BIRLACORPN)
₹1450.25▲0.16%
Birla Corporation Ltd share Performance
- ₹1434₹1474₹1450.25
1.12%
Low
Day's Volatility:2.76%
High
1.64%
- ₹902₹1802₹1450.25
37.80%
Low
52 Weeks Volatility:62.06%
High
24.25%
| Returns % | |
| 1 Month Return | -2.11 % |
| 3 Month Return | -5.25 % |
| 1 Year Return | 57.47 % |
| Market Stats | |
| Previous Close | ₹1,447.95 |
| Open | ₹1,474.00 |
| Volume | 89.55K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹11,150.66Cr |
Analyst Rating
based on 14 analysts
Based on 14 analysts offering long term price targets for Birla Corporation Ltd. An average target of ₹1789.57
Source: S&P Global Market Intelligence
Company Information
The company's top products include cement, jute, linoleum, and automotive tyres. Birla Corporation Ltd produces a range of cement products under the brand name Birla Cement, which are used in the construction of residential and commercial buildings. The company also produces jute products such as jute yarn and jute bags, which are used for packaging and other industrial applications. Birla Corporation Ltd also manufactures linoleum, which is used for flooring and other applications. Additionally, the company produces automotive tyres under the brand name Birla Tyres.
Birla Corporation Ltd is a leader in the cement industry, providing quality products to customers across India. The company's popular brands include Birla Cement, Birla Jute, Birla Linoleum, and Birla Tyres.
Share Price: ₹1450.25 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹11,150.66Cr as of today
Revenue: ₹2,312.00Cr as on December 2023 (Q4 23)
Net Profit: ₹109.14Cr as on December 2023 (Q4 23)
Listing date: 23 Nov, 1994
Chairperson Name: H V Lodha
| Organisation | Birla Corporation Ltd |
| Headquarters | Kolkata |
| Industry | Cement |
| E-voting on shares | Click here to vote |
Key events for Birla Corporation Ltd
Birla Corp's Mutual Fund Stake Decreases, Q3FY24 After-Tax Profits Rise - 27 Apr, 2024
Mutual funds decreased their stake in Birla Corporation Ltd by 0.73% from the previous quarter, while Q3FY24 after-tax profits increased to Rs 109 crores from Rs 58 crores in Q2FY24.
Birla Corp Focusing on Profitability and Volume Growth - 15 Apr, 2024
Birla Corporation is focusing on improving profitability through cost-saving initiatives and increasing premium product share. The company expects a volume growth of 12% YoY in Q4FY24, with EBITDA/t likely to be at Rs 801 vs. Rs 618 in 4QFY23. Adj. PAT is estimated to increase by 103% YoY.
Brokerage Firm Initiates Buy Call on Birla Corporation Ltd - 11 Apr, 2024
Asit C Mehta has initiated coverage on Birla Corporation Ltd with a buy call and target price of Rs 2055. The brokerage cited improvement in profitability, return ratios & balance sheet, and continued focus on capacity addition as primary factors.
Analyst Recommends Strong Buy for Birla Corp - 09 Apr, 2024
Asit C Mehta has recommended a strong buy rating for Birla Corporation Ltd, citing the company's leading position in Central India, capacity addition and volume growth higher than industry average, improved cost-efficiency, and healthy balance sheet. The report expects revenue/EBITDA growth of 8%/40% CAGR over FY23-FY26E, driven by strong volumes and improved cost efficiency. The stock is valued at 8x FY26E EV/EBITDA to arrive at a target price of Rs 2055 (an upside of 36% from CMP).
Birla Corp Aims for Capacity Expansion; Axis Securities Issues Buy Call - 08 Apr, 2024
Birla Corporation plans to expand its cement production capacity to 30 million tons by FY30 while reducing debt-to-equity ratio. Axis Securities issues a buy call with a target price of Rs 1665 based on Q3FY24 results.
Birla Corporation Ltd's High P/E Ratio Indicates Positive Future Prospects - 07 Apr, 2024
Despite having a high P/E ratio of 37.2x, Birla Corporation Ltd is expected to have superior earnings growth with analysts predicting an 89% increase in earnings over the next year, compared to the market's predicted growth of 24%. Shareholders are optimistic about the company's future prospects.
Fundamentals of Birla Corporation Ltd
Insights on Birla Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 2.31K Cr → 2.32K Cr (in ₹), with an average increase of 0.7% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 14.47% to 14.70% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 58.37 Cr → 109.14 Cr (in ₹), with an average increase of 46.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 6.44% to 6.79% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Ambuja Cements Ltd has given 60.3% return, outperforming this stock by 2.9%
- NO EFFECT
Against Peers
In the last 3 years, Ambuja Cements Ltd has given 101.4% return, outperforming this stock by 43.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 62.90% of holdings in Mar 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 1 month, BIRLACORPN stock has moved down by -2.1%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 13.92% to 13.19% in Mar 2024 quarter
Birla Corporation Ltd Valuation
Birla Corporation Ltd in the last 5 years
Lowest (5.70x)
May 7, 2020
Today (35.73x)
April 26, 2024
Industry (63.72x)
April 26, 2024
Highest (261.73x)
September 8, 2023
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.9% | 0.00 | |
| Foreign Institutions | 6.79% | 0.00 | |
| Mutual Funds | 13.19% | 0.00 | |
| Retail Investors | 14.7% | 0.00 | |
| Others | 2.42% | 0.00 |
Technicals of Birla Corporation Ltd share
News & Events of Birla Corporation Ltd
Frequently Asked Questions
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Birla Corporation Ltd (BIRLACORPN) share price today is ₹1450.25
Birla Corporation Ltd is listed on NSE
Birla Corporation Ltd is listed on BSE
- Today’s highest price of Birla Corporation Ltd is ₹1474.
- Today’s lowest price of Birla Corporation Ltd is ₹1434.
PE Ratio of Birla Corporation Ltd is 35.73
PE ratio = Birla Corporation Ltd Market price per share / Birla Corporation Ltd Earnings per share
Today’s traded volume of Birla Corporation Ltd(BIRLACORPN) is 89.55K.
Today’s market capitalisation of Birla Corporation Ltd(BIRLACORPN) is ₹11150.66Cr.
| Birla Corporation Ltd(BIRLACORPN | Price |
|---|---|
52 Week High | ₹1802 |
52 Week Low | ₹902 |
Birla Corporation Ltd(BIRLACORPN) share price is ₹1450.25. It is down -19.52% from its 52 Week High price of ₹1802
Birla Corporation Ltd(BIRLACORPN) share price is ₹1450.25. It is up 60.78% from its 52 Week Low price of ₹902
| Birla Corporation Ltd(BIRLACORPN | Returns |
|---|---|
1 Day Returns | 2.3% |
1 Month Returns | -2.11% |
3 Month Returns | -5.25% |
1 Year Returns | 57.47% |