ABFRL Shares Slide to 52-Week Low After Near US $ 32 Million Block Deal

Shares of Aditya Birla Fashion and Retail Ltd fell sharply on Tuesday, dropping nearly 9% to a 52-week low, after a large equity transaction worth around Rs. 289 crore (US $ 31.74 million) unsettled investor sentiment and renewed concerns over institutional exits from the Aditya Birla Group’s recently reorganised retail businesses.

The stock declined as much as 8.7% to Rs. 65.81 (US $ 0.72) on the BSE in early trade, emerging as one of the biggest laggards of the session. The fall followed a sizeable block transaction executed at a discount to prevailing market prices.

According to market reports, approximately 4.35 crore shares—equivalent to 3.57% of Aditya Birla Fashion and Retail’s outstanding equity—changed hands at an average price of Rs. 66.4 (US $ 0.73) per share, valuing the deal at about Rs. 289 crore (US $ 31.74 million). The identities of the buyers and sellers were not disclosed.

In Aditya Birla Lifestyle Brands Ltd, sources said an institutional investor was preparing to sell up to 3% of the company’s equity through a block deal valued at around US $ 43 million, with a floor price of Rs. 106.14 (US $ 1.17) per share. The transaction was described as a complete exit by the selling investor. As of the end of the September quarter, promoter group entity Pilani Investment and Industries held a 3.67% stake in the company, while SBI Life Insurance Co. Ltd owned 2.25%.

Separately, in Aditya Birla Fashion and Retail Ltd, an undisclosed institutional investor was reported to be planning the sale of up to a 3% stake via a block deal worth approximately US $ 32 million, with a floor price of Rs. 65.78 (US $ 0.72) per share. This transaction was also characterised as a full exit. At the end of the September quarter, foreign portfolio investor Theleme India Master Fund Ltd held a 2.45% stake in the company.

The latest sell-off adds to sustained pressure on Aditya Birla Fashion and Retail’s stock, which has declined by about 13% so far in 2026. Investor attention has remained focused on stake movements in the group’s retail businesses following recent restructuring. In October 2025, Flipkart Investments Pvt. Ltd sold a 6% stake in Aditya Birla Lifestyle Brands Ltd for approximately Rs. 998 crore (US $ 109 million) through a block deal, with shares transacted at an average price of Rs. 136.45 (US $ 1.50) apiece.