Aditya Birla Capital shares rise nearly 3%

According to media reports, Jomei Investments—Advent International’s special purpose vehicle—had initiated a larger block deal a day earlier, on Tuesday, June 10. The deal was set to offload a 1.4 percent stake in Aditya Birla Capital, pegging the total transaction value at around ₹856 crore. The floor price for the deal was fixed at ₹237.80 per share, representing a 2 percent discount to the stock’s closing price in the previous session. Despite the discounted pricing and sizeable deal, the stock remained resilient, reflecting continued investor confidence in the company’s fundamentals and growth outlook.