Grasim Industries Limited (NSE: GRASIM)
Market Cap | 1.72T |
Revenue (ttm) | 1.37T |
Net Income (ttm) | 44.82B |
Shares Out | 678.46M |
EPS (ttm) | 67.44 |
PE Ratio | 37.59 |
Forward PE | 23.60 |
Dividend | 10.00 (0.40%) |
Ex-Dividend Date | Aug 6, 2024 |
Volume | 686,902 |
Open | 2,491.10 |
Previous Close | 2,508.15 |
Day's Range | 2,480.15 - 2,555.65 |
52-Week Range | 1,937.75 - 2,877.75 |
Beta | 0.52 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Nov 14, 2024 |
About Grasim Industries
Grasim Industries Limited, together with its subsidiaries, primarily operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Cellulosic Fibres, Chemicals, Building Materials, Financial Services, and Others segments. The Cellulosic Fibres segments offers cellulosic staple fibre; and cellulosic fashion yarn. The Chemicals segment provides chlor-alkali comprising caustic soda; chlorine derivatives, such as chloromethanes and phosphoric acid; and specialty ... [Read more]
Financial Performance
In 2023, Grasim Industries's revenue was 1.31 trillion, an increase of 11.35% compared to the previous year's 1.18 trillion. Earnings were 56.24 billion, a decrease of -17.62%.
Financial StatementsNews
Birla Opus Paints becomes India’s 2nd largest decorative paint player with 866 MLPA installed capacity
Birla Opus Paints, a division of Grasim Industries Ltd., has reached a significant milestone by inaugurating its fourth manufacturing plant in Chamarajnagar, Mysore. This move propels the company to b...
Grasim share: Citi sees 30.3% upside in Grasim, maintains buy call despite target cut
Citi has maintained its “buy” rating on Grasim Industries but lowered the target price to ₹3,100 from ₹3,250, implying a potential upside of 30.3% from the current market price of ₹2,534.10. The broke...
Grasim Industries profit decreases to 45.6 % to Rs 1,100 crore in Q2
Grasim Industries Ltd. reported a 45.64% decrease in net profit for the September quarter, dropping to Rs 1,100.16 crore. This decline is attributed to reduced profitability in its cement business and...
Grasim Industries Q2 results: Check share price ahead of Q2 results
Grasim Industries shares are trading at ₹2,510.25, up by 0.29% as the company is set to announce its financial results for the second quarter. With a total market cap of ₹1,65,302.39 crore, Grasim has...
Stocks to Watch Today: Hindustan Aeronautics, Grasim, Hero MotoCorp, Muthoot Finance, Bharat Forge, Glenmark Pharma to announce Q2 results
Several companies are scheduled to announce their Q2 FY25 earnings today. The last traded price (LTP) from yesterday’s closing is provided below for each company, which could influence market reaction...
Nifty 50 top gainers today on 12 November: Britannia, Grasim Industries and Tata Motors lead the charge
Indian benchmark indices ended lower for the fifth consecutive session on November 13. The NSE’s Nifty50 closed at 23,599 level, down 324 points or 1.36 per cent, while the BSE Sensex also took a hit,...
Grasim Industries shares decline nearly 2% ahead of Q2 FY25 Results
Shares of Grasim Industries Ltd were trading 1.83% lower at ₹2,474.95 on the NSE as of 11:45 a.m. on November 13, 2024, ahead of the company’s Q2 FY25 earnings report. The company is expected to repor...
Akzo Nobel India shares gain over 2% on potential acquisition talks with Grasim Industries
Akzo Nobel India shares rose by 2.06% on November 5, 2024, trading at ₹4,370.55 as of 10:51 am on the NSE. T he stock surge comes amid reports that Grasim Industries has emerged as the top contender t...
Grasim Industries shares surge nearly 2% as it leads race to acquire controlling stake in Akzo Nobel India
Grasim Industries has reportedly emerged as the frontrunner to acquire a controlling stake in Akzo Nobel India from its Dutch parent company, which currently holds about 75% of the stake. This potenti...
Nifty 50 top losers today on 4 November: Hero MotoCorp, Grasim Industries, Bajaj Auto and more
The benchmark Nifty 50 index dipped on Monday as selling pressure increased ahead of the US presidential elections. The BSE Sensex fell 941.88 points, or 1.18%, to close at 78,782.24. On the other han...
Grasim Industries’ market cap falls by ₹5,482 crore as shares decline 3.18%
Grasim Industries Limited saw a notable drop in its share price by 3.18%, trading at ₹2,613.10, down from the previous close of ₹2,698.90. This decline led to a market capitalization loss of approxima...
Grasim Industries partners with Circ to accelerate textile recycling innovation
Grasim Industries, through its cellulosic fibre division Birla Cellulose, has announced a strategic partnership with Circ, a U.S.-based textile-to-textile recycling company. This collaboration aims to...
Stocks to Watch on October 17 2024: L&T Tech, Bajaj Auto, CRISIL, RailTel, Bikaji, Reliance and more
At market close on October 16, 2024, the Sensex was down 318.76 points or 0.39%, closing at 81,501.36, while the Nifty fell 86 points or 0.34%, closing at 24,971.30. On the Nifty, top losers included ...
Stock Market Update: Hero MotoCorp, JSW Steel, Grasim, Tata Motors among top losers, drop over 1% in early trade
As of 11:09 AM, several major stocks witnessed declines of over 1%, contributing to the market’s downward trend: Hero MotoCorp (HEROMOTOCO) dropped 1.01% to ₹6,064.55, down ₹61.75, as the auto sector ...
Nifty 50 top losers this week: TCS, Grasim Industries, Bharat Petroleum Corporation and more
India’s equity benchmark indices, the BSE Sensex and Nifty50, saw a huge price increase on Friday that sent them to all-time highs. The Nifty50 climbed above 25,800, while the BSE Sensex reached 84,50...
Top Nifty Losers on September 20, 2024: Grasim, SBI, IndusInd Bank, TCS, Bajaj Finance
On a day where the markets rallied, some stocks saw declines. Here are the top losers in Nifty for September 20, 2024: 1. Grasim stock price: ₹2,678.25, down 2.22% Grasim led the losers, closing at ₹2...
Stock Market News: Sona BLW, RIL, PNB Housing Finance, Suzlon among top stocks to watch today (Sept 5, 2024)
Nifty closed below 25,200 as the Sensex dropped 203 points. Top gainers on the Nifty include Asian Paints, Grasim Industries, HUL, Apollo Hospitals, and Sun Pharma. Wipro, Coal India, ONGC, Hindalco I...
Kumar Birla's children join Hindalco's board
Kumar Mangalam Birla's children, Ananya and Aryaman, were inducted into Hindalco Industries' board. Both have previously joined boards of Grasim Industries and Aditya Birla Fashion and Retail. Ananya ...