Promoters held 62.9 per cent stake in the company as of 30-Sep-2022, while FIIs owned 4.34 per cent, DIIs 15.68 per cent.

Motilal Oswal is bullish on Birla Corporation recommended buy rating on the stock with a target price of Rs 1210 in its research report dated November 08, 2022.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7746.74 Crore) operating in Cement sector.

The company said that the profitability of BCL during the second quarter was impaired by rising power and fuel costs which could not be passed on to the consumers.EBITDA, a measure of underlying profitability, of the company in the current second quarter declined 51.6 per cent to Rs 136 crore from Rs 281 crore in the similar previous period of 2021-22.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7545.75 Crore) operating in Cement sector.

Revival of retail and institutional demands on the back of receding monsoon and pick up in construction activities owing to lower prices of building raw materials are likely to aid cement companies going ahead

Revival of retail and institutional demands on the back of receding monsoon and pick up in construction activities owing to lower prices of building raw materials are likely to aid cement companies going ahead

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7083.72 Crore) operating in Cement sector.

A $10 rise in petcoke and imported coal prices increases the cost of cement manufacturing by Rs 50-60 a tonne, say analysts

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 2218.06 crore, down 4.95 per cent from last quarter total income of Rs 2333.54 crore and up 26.14 per cent from last year same quarter total income of Rs 1758.41 crore.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 8538.35 Crore) operating in Cement sector.

Leading the gains, Vakrangee zoomed over 36 per cent to Rs 37.65 during the week on the back of heavy volumes. The bourses sought clarification from the IT enabled service provider over the same.

The valuations of cement stocks are also not demanding as they are still trading well below their five-year averages, Rakesh Arora of GoIndiaStocks, said. "UltraTech used to trade at 19-20 times its five-year average.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7920.38 Crore) operating in Cement sector.

​​​ The company, which has commissioned a greenfield unit at Mukutban, Maharashtra with an investment of Rs 2,744 crore, has plans to set up some new units and expand the production capacity of the existing units. This ambitious expansion plan promises a buoyant outlook by ensuring improved profitability and cash flow and efficiency, said Birla Corporation.

Motilal Oswal is bullish on Birla Corporation recommended buy rating on the stock with a target price of Rs 1275 in its research report dated August 07, 2022.

YES Securities is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 1500 in its research report dated August 07, 2022.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7635.08 Crore) operating in Cement sector.

CARE Ratings which has seen a strong gap up opening and closed with 15.2 percent gains at Rs 478, the highest level since June 1, amid robust volumes. The stock has been respecting its support trendline for more than 15 months now, which is tad above Rs 400 levels, marked from March 31, 2021.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 6834.99 Crore) operating in Cement sector.

As many as 38 online and offline bids were submitted during the three rounds of auctions. JSW Steel, Vedanta Ltd, NLC India Ltd, Jindal Power and Bharat Aluminium Company Ltd have submitted the bids. Others companies that have submitted the bids include Birla Corporation Ltd, Jaiprakash Power Ventures Ltd, Rungta Metals Private Ltd and Godavari Power & Ispat Ltd.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 6520.04 Crore) operating in Cement sector.

"It is not a pleasant sight to be looking at the markets this way, but it is not unexpected. This whole year is going to be a weak year from the returns perspective and while the market has seemingly corrected to less than 16,000 on Nifty50, I really do not think that we will still be making positive returns from here on in the remainder of the year," said Mahesh Nandurkar of Jefferies told ET NOW.

"The trend is likely to remain positive for the near term as long as 16,400 is held on a sustained basis. On the higher end, resistance is seen at 16,800.”That said, heres a look at what some key indicators are suggesting for Tuesdays action

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 7313.97 Crore) operating in Cement sector.

UltraTech Cement has announced plans to add 22.6 mpta of capacity which would be nearly 17 per cent of its capacity post completion of projects on-hand by FY25. The cement maker, analysts said, had already hinted at plans firming up towards organic expansions and therefore the new capex announcement does not come as a major surprise.

Anand Rathi is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 1514 in its research report dated May 16, 2022.

Motilal Oswal is bullish on Birla Corporation recommended buy rating on the stock with a target price of Rs 1395 in its research report dated May 11, 2022.

Emkay Global Financial is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 1360 in its research report dated May 12, 2022.

The firm reported a 55.44 per cent decline in its consolidated net profit to Rs 111.08 crore in the fourth quarter ended on March 31, 2022. It had posted a net profit of Rs 249.33 crore in the January-March quarter a year ago.

Asian stocks opened slightly lower on Wednesday, before turning mixed and steadying after losses from Wall Street's rout on fears of economic risks from surging inflation. MSCI's index of Asia-Pacific shares outside Japan was up by 0.04 per cent.

Asian stocks open lower Tuesday, tracking another Wall Street rout on stubborn fears over rising US interest rates and inflation, with investors eyeing earnings reports. MSCI's index of Asia-Pacific shares outside Japan was down by 1.93 per cent.

Birla Corporation Ltd., incorporated in the year 1919, is a Mid Cap company (having a market cap of Rs 11111.87 Crore) operating in Cement sector.