New Delhi, June 4 -- Shares of Aditya Birla Fashion and Retail Ltd (ABFRL) tumbled sharply on June 4, 2025, after reports emerged that Flipkart may offload a significant portion of its stake in the company through a block deal valued at Rs.600 crore.

The retail major's stock dropped as much as 8.9 percent intraday to touch a low of Rs.78.30 on the BSE, nearing its 52-week low of Rs.77.25 recorded in March 2025. This sell-off was triggered by reports suggesting that Flipkart Investments Private Ltd, a subsidiary of e-commerce giant Flipkart, is looking to exit approximately 6 percent of its holding in ABFRL through a clean-out block trade. Goldman Sachs is reportedly acting as the investment banker facilitating the transaction.

According...