History of the Birla Group
Founded in 1857 by the eminent industrialist Seth Shiv Narayan Birla, the group has grown from a single trading operation into a sprawling multinational conglomerate with a presence across 36 nations. Today, it's a Fortune 500 company, employing over 187,000 people and boasting a combined annual revenue of $65 billion.
With its headquarters in Mumbai, the Aditya Birla Group is a dominant force in the Indian cement industry. Its flagship company, UltraTech Cement, is the country's largest cement producer, accounting for nearly a quarter of the national market share. But the group's reach extends far beyond cement.
Sector Presence of the Birla Group
The Aditya Birla Group has strategically diversified its portfolio into a wide range of sectors, including:
- Textile: With brands like Grasim and Liva, the group is a major player in the Indian textile industry.
- Telecom: Vodafone Idea Limited, a joint venture between Aditya Birla Group and Vodafone Plc, is one of India's leading telecom operators.
- Finance: Aditya Birla Capital offers a broad spectrum of financial services, including banking, insurance, wealth management, etc.
- Retail Fashion: Aditya Birla Fashion and Retail Limited owns popular fashion brands like Peter England, Allen Solly, and Van Heusen.
- Chemicals and Fertilisers: Aditya Birla Chemicals is a leading manufacturer of chemicals and fertilisers in India.
- Other sectors: The group also has a presence in non-ferrous metals, sponge iron, carbon black, BPO, wind power, and viscose staple fibre.
The Aditya Birla Group's commitment to diversification and innovation has paid off handsomely. As of FY 2023, the group's total market capitalisation stood at a staggering $64.5 billion, while its EBITDA touched $7.57 billion, showcasing its robust financial health.
Key Personnel
- Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group
Mr. Birla is the Chairman of the multinational Aditya Birla Group which is currently operating in 36 countries across 6 continents. The Aditya Birla Group has been ably led by several generations of the Birla family since before Indian independence. Mr. Birla chairs the boards of all the Aditya Birla Group’s major companies in India and globally. Outside the Group, Mr. Birla has held various key positions on regulatory and professional Boards. He was a member of the Central Board of Directors of the Reserve Bank of India, Chairman of the Advisory Committee of the Ministry of Company Affairs and also a member of the PM’s Advisory Council on Trade and Industry.
How To Invest in Birla Group Stocks?
To invest in Birla Group stocks via Angel One, follow these steps:
- Log in to your Angel One account.
- Click on the search icon and look for your desired Birla Group stock.
- Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
- To complete your transaction, click on the ‘Buy’ button.
You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.
