Analyst Rating
based on 11 analysts
63.64%
Buy
27.27%
Hold
9.09%
Sell
Based on 11 analysts offering long term price targets for Grasim Industries Ltd. An average target of ₹2911.91
Source: S&P Global Market Intelligence
Grasim Industries Ltd Share analysis
Grasim Industries Ltd price forecast by 11 analysts
Upside of6.95%
High
₹3250
Target
₹2911.91
Low
₹2415
Grasim Industries Ltd target price ₹2911.91, a slight upside of 6.95% compared to current price of ₹2738.95. According to 11 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Grasim Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Grasim Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹2,722.3₹2,77552 Week's Low
52 Week's High
₹1,828.05₹2,877.75
| Returns % | |
| 1 Month Return | + 4.78 % |
| 3 Month Return | + 11.26 % |
| 1 Year Return | + 40.01 % |
| Market Stats | |
| Previous Close | ₹2,722.70 |
| Open | ₹2,743.00 |
| Volume | 4.53L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,83,230.89Cr |
Key Statistics
| P/E Ratio | 34.21 |
| PEG Ratio | -1.84 |
| Market Cap | ₹1,83,230.89 Cr |
| P/B Ratio | 2.92 |
| EPS | 149.48 |
| Dividend Yield | 0.43 |
| Sector | Textiles |
| ROE | 2.7 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,83,230.89 Cr | 57.8% | 0.58 | ₹9,925 Cr | ₹1,30,978 Cr | |
| HOLD | ₹90,478.43 Cr | 7.98% | 0.54 | ₹2,396 Cr | ₹20,520 Cr | |
| BUY | ₹1,52,738.29 Cr | 44.66% | 0.51 | ₹4,738 Cr | ₹33,159 Cr | |
| BUY | ₹3,35,780.96 Cr | 40.17% | 0.57 | ₹7,003 Cr | ₹70,908 Cr | |
| BUY | ₹46,522.42 Cr | 13.5% | 0.52 | ₹2,336 Cr | ₹19,958 Cr |
Company Information
Grasim Industries Ltd. is the largest producer of Viscose Staple Fibre in India and the world. It is also one of the largest producers of Cement in India with a capacity of over 20 million tonnes per annum. Grasim's chemical division produces caustic soda, chloromethanes, liquid chlorine, hydrochloric acid and other chemicals. Its textile division manufactures, markets and distributes a wide range of fabrics under the brand name ‘Grasim’.
The company's popular brands include Grasim Suiting, Grasim Shirts, Grasim Home Furnishing, Grasim Towels, Grasim Innerwear, Grasim Footwear, Grasim Jeans, Grasim Kids Wear, Grasim Accessories, Grasim Furniture and Grasim Furnishings.
Share Price: ₹2738.95 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,83,230.89Cr as of today
Revenue: ₹33,860.75Cr as on June 2024 (Q2 24)
Net Profit: ₹2,267.74Cr as on June 2024 (Q2 24)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
| Organisation | Grasim Industries Ltd |
| Headquarters | Mumbai |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Grasim Industries Ltd
Grasim Industries Launches New Fabric Campaign - 16 Sep, 2024
Grasim Industries, through its brand Birla Cellulose, has launched the 'Feel It All' campaign to emphasize the importance of fabric in clothing choices, aiming to rekindle appreciation for quality materials.
Motilal Oswal Recommends Buy on Grasim Industries - 03 Sep, 2024
Motilal Oswal has issued a buy recommendation for Grasim Industries with a target price of Rs 3160, while the current market price is Rs 2690. The company reported a consolidated total income of Rs 34,160.77 crore for the quarter ended June 30, 2024, reflecting a 10.47% decline from the previous quarter but an 8.93% increase year-over-year. The net profit after tax for the latest quarter was Rs 2,235.67 crore.
Grasim Shows Positive Momentum with Target Gains - 29 Aug, 2024
Grasim Industries is demonstrating encouraging momentum with rising volumes and an RSI of 53. The stock is well-positioned for upward movement towards targets of Rs 2800 and Rs 2825, with a recommended entry around Rs 2675 and a stop loss at Rs 2625.
Geojit Recommends Buy for Grasim Industries - 26 Aug, 2024
Geojit Financial Services recommends buying Grasim Industries with a target price of Rs. 3,058, citing growth potential despite recent EBITDA decline. The company benefits from government initiatives and strong demand in various sectors.
Grasim Shows Signs of Stabilization After Correction - 22 Aug, 2024
Grasim Industries Ltd experienced a 13% decline from its peak of Rs 2866 on July 26, 2024. The stock is stabilizing near a critical support level, suggesting a potential long position within Rs 2665-2690, targeting Rs 2860, with a stop-loss at Rs 2575.
Grasim Targets ₹10,000 Crore Revenue from Paints - 21 Aug, 2024
Grasim Industries achieved record annual revenue of ₹1,30,978 crore and Ebitda of ₹20,837 crore. The company anticipates all six paint plants operational by year-end, aiming for ₹10,000 crore revenue within three years.
Grasim Reports Record Revenue and Expansion Plans - 20 Aug, 2024
Grasim Industries achieved a record revenue of ₹1,30,978 crore in FY24, with significant investments in capital expenditure and ambitious growth plans across various sectors, including cement and paints.
Insights on Grasim Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, GRASIM has outperformed top 5 stocks with highest market-cap in Construction Materials
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 12.70% to 13.69% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 23.19% to 23.28% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Ambuja Cements Ltd has given 44.8% return, outperforming this stock by 4.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 43.06% of holdings in Jun 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 6.09% to 6.06% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, GRASIM stock has moved down by -1.3%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 1.51K Cr → 1.20K Cr (in ₹), with an average decrease of 10.7% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 38.24K Cr → 34.22K Cr (in ₹), with an average decrease of 10.5% per quarter
Grasim Industries Ltd Infographics
Grasim Industries Ltd Q1 FY2024-2025 Results: Key Insights
Grasim Industries saw a 12% fall in profits due to investments in Paints business and weak fabric demand
News
Stocks to Buy today: Bata India, JK Cement, Grasim & more
Stock to Buy today: IIFL Securities gave a Buy rating on share price of Garden Reach Shipbuilders & Enginers (GRSE), Bata India, JK Cement, Grasim and Radico Khaitan.23 Jul, 2024 09:22 AMGujarat: Congress Alleges Corruption In Rs. 280 Cr Penalty Waiver To Grasim
The Opposition leader claimed that the government has flouted rules to benefit the firm at the cost of the state's legitimate dues.25 Jul, 2024 11:11 AMNot found. Sign Up to RSS.app to use this feed.
Not found. Sign Up to RSS.app to use this feed. - create a new RSS feed at RSS.app. - (tqMUi9kRx8GWsYjX)28 Aug, 2024 09:37 PMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.06% | 0.00 | |
| Foreign Institutions | 13.69% | 7.79 | |
| Mutual Funds | 6.06% | ||
| Retail Investors | 23.28% | 0.39 | |
| Others | 13.92% |
Key Indicators
Grasim Industries Ltd Valuation
Grasim Industries Ltd in the last 5 years
Lowest (6.49x)
March 24, 2020
Today (34.21x)
September 18, 2024
Industry (92.85x)
September 18, 2024
Highest (70.33x)
October 1, 2018
Earnings and Dividends
Grasim Industries Ltd Earnings Results
Grasim Industries Ltd’s net profit fell -23.38% since last year same period to ₹1,207.93Cr in the Q1 2024-2025. On a quarterly growth basis, Grasim Industries Ltd has generated -11.82% fall in its net profits since last 3-months.
Read More about Earnings ResultsGrasim Industries Ltd Dividends May,2024
In the quarter ending March 2024, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.73%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Grasim Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Grasim Industries Ltd (GRASIM) share price today is ₹2738.95
Grasim Industries Ltd is listed on NSE
Grasim Industries Ltd is listed on BSE
- Today’s highest price of Grasim Industries Ltd is ₹2775.
- Today’s lowest price of Grasim Industries Ltd is ₹2722.3.
PE Ratio of Grasim Industries Ltd is 34.21
PE ratio = Grasim Industries Ltd Market price per share / Grasim Industries Ltd Earnings per share
Today’s traded volume of Grasim Industries Ltd(GRASIM) is 4.53L.
Today’s market capitalisation of Grasim Industries Ltd(GRASIM) is ₹183230.89Cr.
| Grasim Industries Ltd(GRASIM | Price |
|---|---|
52 Week High | ₹2877.75 |
52 Week Low | ₹1828.05 |
Grasim Industries Ltd(GRASIM) share price is ₹2738.95. It is down -4.82% from its 52 Week High price of ₹2877.75
Grasim Industries Ltd(GRASIM) share price is ₹2738.95. It is up 49.83% from its 52 Week Low price of ₹1828.05
| Grasim Industries Ltd(GRASIM | Returns |
|---|---|
1 Day Returns | 16.25% |
1 Month Returns | 4.78% |
3 Month Returns | 11.26% |
1 Year Returns | 40.01% |