Apr 18, 2012, 10.28 PM | Source: CNBC-TV18
Following YC Deveshwar’s belief in the India story, Kumar Mangalam Birla, chairman, Aditya Birla Group, is confident India will emerge from the current mess, reports CNBC-TV18
"This is a bad patch that we are going through and we are already seeing a change for the better. I'm very hopeful and confident that things will look up," he said.
He refuses to be lured by overseas markets ever after the confusing policy scenario in India. "We have large projects worth close to USD 10 billion under implementation in the country. So that is a vote of confidence for India as far as we are concerned."
Aditya Birla stock price
On February 12, 2016, Aditya Birla Money closed at Rs 20.85, down Rs 0.8, or 3.7 percent. The 52-week high of the share was Rs 36.10 and the 52-week low was Rs 18.85.
The company's trailing 12-month (TTM) EPS was at Rs 0.46 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 45.33. The latest book value of the company is Rs 4.69 per share. At current value, the price-to-book value of the company is 4.45.
Aditya Birla consolidated Dec '15 sales at Rs 28.46 crore
Aditya Birla Money has reported a consolidated tot
Air pollution kills millions annually, mostly in China, India
According to scientists from the US, Canada, China
Make in India Week: Shiv Sena takes potshots at CM Fadnavis
The Shiv Sena also said that while efforts of the
Indian diaspora a huge asset to India-UK ties: Navtej Sarna
Navtej Sarna, who took over his post in London las
'Make in India' to open up biz opportunities for cos: Kalyani
Baba Kalyani, Chairman of Bharat Forge says that e
India's tea exports to Pakistan rises 56%
Total exports to the neighbouring country stood at
Sharp in talks with firms like Foxconn to divest in India arm
"Sharp Corporation has been holding negotiations w
Govt must invest in infrastructure to drive growth: Birla
Expressing similar views, Bharti Group Chairman Su