ENTITY
Aditya Birla Nuvo

Aditya Birla Nuvo (ABNL IN)

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Analysis
Consumer Discretionary • India
Aditya Birla Nuvo is a diversified Indian conglomerate with interests in various sectors including financial services, telecom, fashion & lifestyle, IT-ITeS, and manufacturing (viscose filament yarn, carbon black, branded garments, agri-business, textiles, and insulators). The company has also ventured into solar power businesses. It was founded in 1956 and is headquartered in Mumbai, India.
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bullish•Vodafone Idea
•25 Mar 2017 09:53

India: Vodafone/IDEA Merger Is Positive for Both. Market Repair Is Good for Surviving Operators.

We view the now-confirmed deal between Vodafone (VOD LN) and IDEA (IDEA IN) as positive for investors in both stocks. Much of the announced deal...

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bullish•Vodafone Idea
•04 Feb 2017 11:17

Indian Telecoms: A Vodafone/Idea Merger Moves Forward. Positive for Market Repair.

The arrival of Jio (owned by Reliance Industries (RIL IN)) in the Indian telecom market has created a seismic shift in how the industry works. It...

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bullish•Grasim Industries
•21 Oct 2016 19:23

Event Update: Grasim/AB Nuvo Merger

We wrote a report on the Grasim and AB Nuvo merger on 27th September 2016 where we stated that post the correction in the price of the two...

bullish•Grasim Industries
•27 Sep 2016 17:54

Grasim Industries & Aditya Birla Nuvo: Marginal Positive Post Correction on Merger Announcement.

IntroductionThe AV Birla Group run by Kumar Mangalam operates multiple businesses across various industries and geographies. The group recently...

bullish•Aditya Birla Nuvo
•18 Aug 2016 16:31

Aditya Nuvo / Grasim - A Merger of Holdcos

On 11 August 2016, Grasim Industries announced that the Board of Directors of Grasim, Aditya Birla Nuvo and Aditya Birla Financial Services had...

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