Saturday, January 23, 2016

AB Nuvo :


  • Acts as holding company for many businesses:
    • Holds 23.27% stake in Idea cellular
    • Holds 72.62% stake in Pantaloon Fashion and Retails, which includes Madura garments.
    • Holds 74% stake in Birla Sun Life Insurance
    • Also holds shars of Housing finance, Birla MF AMC, General Insurane advisory, PVT equity, Broking, Wealth Management and Online Money Management
  • Revenue contributions
    • 30% from financial services
    • 28% from telecom
    • 21% from fashion
By buying AB Nuvo, you would be holding all these stocks.

1 comment:

  1. it holds only 9% of pantaloon. it was spinned off on Jan 20.

    ReplyDelete