India's Aditya Birla Sun Life AMC down as market share drops in Q1

Aditya Birla Sun Life Amc

21/07/2026 10:43

** Shares of Aditya Birla Sun Life AMC ADIE.NS drop 6.6% to a six-week low of 1,045 rupees
** Set for biggest daily pct drop since March 13
** Co's market share in quarterly average AUM drops to 5.79% in Q1 from 6.02% in the previous quarter
** Revenue rose 1% QoQ, while profit jumped 65%
** More than 720,000 shares change hands, ~1.7x of 30-day average daily volume
** Stock among top two biggest pct losers on Nifty 500 index .NIFTY500, which is up 0.1%

 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))