Birla Corporation is currently trading at Rs. 1549.50, up by 57.35 points or 3.84% from its previous closing of Rs. 1492.15 on the BSE.

The scrip opened at Rs. 1526.20 and has touched a high and low of Rs. 1570.45 and Rs. 1505.80 respectively. So far 8504 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1801.25 on 27-Feb-2024 and a 52 week low of Rs. 923.50 on 03-May-2023.

Last one week high and low of the scrip stood at Rs. 1570.45 and Rs. 1434.85 respectively. The current market cap of the company is Rs. 11834.18 crore.

The promoters holding in the company stood at 62.90%, while Institutions and Non-Institutions held 22.39% and 14.72% respectively.

Birla Corporation’s wholly owned material subsidiary -- RCCPL has received an approval for restructuring of the scope of second phase expansion of existing capacity of grinding cement plant at Kundanganj (Uttar Pradesh). Expansion in capacity as per the revised scope includes installation of new cement grinding line (mill No. 3) at the Kundanganj unit of RCCPL.  

The proposed capacity is to be added within two years.  The Board of Directors of RCCPL at their Board Meeting held on May 2, 2024 has approved restructuring.

Birla Corporation is primarily engaged in the manufacturing of cement as its core business activity. It has significant presence in the jute goods industry as well.