Considering the emergent situation due to the spread of Novel Coronavirus (COVID-19) and to support several initiatives taken by the Central and State Government authorities to contain the pandemic, Aditya Birla Fashion and Retail Limited has been taking continuous steps to respond to the situation and ensure safety of its employees across all its establishments.
In order to safeguard the risks to the health of our store employees & customers, as well as in line with the advisories from Local, State and Central Government, the Company has decided to shut all its retail stores until March 31, 2020.
The Company had already moved to 'work from home' policy for all its office employees last week, thereby significantly reducing risk to them in this period.
The Company has also stopped its factory operations in Karnataka, Tamil Nadu and Odisha till 31st March, 2020, in line with the local guidelines.
Shares of Aditya Birla Fashion and Retail Ltd was last trading in BSE at Rs.186 as compared to the previous close of Rs. 176. The total number of shares traded during the day was 54564 in over 2103 trades.
The stock hit an intraday high of Rs. 189 and intraday low of 174.55. The net turnover during the day was Rs. 9812408.