ABFRL share price plunges over 9% as Flipkart hits exit

Aditya Birla Fashion and Retail Ltd (ABFRL) shares took a sharp hit on Wednesday (June 4, 2025), falling over 9 per cent to Rs 78.2, their lowest in a year. The trigger? Flipkart sold its entire 6 per cent stake in the company via a Rs 582 crore block deal. The shares were offloaded at Rs 79.50 apiece, a steep discount to the previous close. That spooked the Street. Why the sharp fall? Flipkart’s selloff: The e-commerce giant’s full exit raised eyebrows. Was it just a routine exit, or a signal that the e-commerce giant doesn’t see near-term upside? Bulk deal discount: This hurt investor sentiment, especially coming just after a major restructuring. Muted outlook: Despite margin improvement, losses continue and the company is still in turnaround mode. Q4 FY25 results: Better, but still bleeding Metric Q4 FY25 Q4 FY24 YoY change Revenue Rs 1,719 crore Rs 1,581 crore 8.7 per cent Net loss Rs 23.5 crore Rs 2