Aditya Birla Lifestyle Surges After Flipkart’s Stake Sale

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Aditya Birla Lifestyle Brands jumped over 10% after a large block deal on October 6, where Flipkart likely sold its entire 6% stake worth ₹950 crore at ₹130 per share. Around 7.24 crore shares changed hands, driving volumes seven times higher than average. The stock hit ₹150.79 intraday.