Aditya Birla Capital Limited (ABCL) is the financial services arm of the multinational conglomerate, Aditya Birla Group. Offering a wide range of financial solutions, from loans and investments to insurance and payments, ABCL caters to the diverse needs of customers across their life stages. As of June 30, 2024, ABCL managed assets worth over ₹4.63 lakh crore and had a consolidated lending book of ₹1.27 lakh crore. A subsidiary of the US$66 billion Aditya Birla Group, ABCL is part of a global business empire spanning industries from metals and cement to fashion and finance. With operations in over 40 countries, the Group generates more than half its revenue from international markets. The company has doubled down on its investment in Aditya Birla Housing Finance. After an initial infusion of 3 billion Indian rupees in May, the parent company has provided another 3 billion rupees on August 27, 2024. This strategic move aims to bolster the subsidiary’s growth and financial health.

ABCL, valued at ₹58,165 crores, is currently trading at a P/E ratio of 16.9, which is lower than the industry average of 23.38. In the first quarter of fiscal year 2025, Aditya Birla Capital’s net profit grew by 17% to ₹758 crores, up from ₹649 crores a year ago. Additionally, sales increased by 25.37% to ₹8,832 crores in the June 2024 quarter compared to ₹7,044 crores in the same period last year.

ABCL’s technical analysis indicates three key support and resistance levels: 205 on the downside and 228, 242 on the upside. The stock has recently found support at the 200-day moving average (DMA) and is trading slightly above the 50-DMA. The Relative Strength Index (RSI) is currently in a neutral zone.

For short to medium-term gains, entering between 220-225 with a stop loss at 205 is recommended. Potential targets include 230, 240, and 260. Long-term investors may consider accumulating ABCL shares in this price range if other long-term indicators are positive.