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Grasim Industries Ltd

(GRASIM)

₹2521.20.07%

as on 04:01PM, 12 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Grasim Industries Ltd Analyst Rating

based on 11 analysts

BUY

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 ₹2935.55

Source: S&P Global Market Intelligence

Grasim Industries Ltd Share analysis

Grasim Industries Ltd price forecast by 11 analysts

Upside of16.51%

High

₹3270

Target

₹2935.55

Low

₹2415

Grasim Industries Ltd target price ₹2935.55, a slight upside of 16.51% compared to current price of ₹2521.2. According to 11 analysts rating.

Source: S&P Global Market Intelligence

Grasim Industries Ltd Performance

  • Day's Low

    Day's High

    ₹2,510
    ₹2,546.25
  • 52 Week's Low

    52 Week's High

    ₹1,913.85
    ₹2,877.75
1 Month Return-7.61 %
3 Month Return-2.01 %
1 Year Return+ 29.46 %
Previous Close₹2,519.50
Open₹2,523.25
Volume5.20L
Upper Circuit-
Lower Circuit-
Market Cap₹1,69,401.49Cr

Grasim Industries Ltd Key Statistics

P/E Ratio31.66
PEG Ratio-1.7
Market Cap₹1,69,401.49 Cr
P/B Ratio2.92
EPS149.48
Dividend Yield0.43
SectorTextiles
ROE2.7

Grasim Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,69,401.49 Cr48.14%0.58₹9,925 Cr₹1,30,978 Cr
HOLD₹88,102.87 Cr4.73%0.54₹2,396 Cr₹20,520 Cr
BUY₹1,38,033.44 Cr37.4%0.51₹4,738 Cr₹33,159 Cr
BUY₹3,16,714.31 Cr33.31%0.57₹7,003 Cr₹70,908 Cr
BUY₹42,679.35 Cr10.43%0.52₹2,336 Cr₹19,958 Cr

About Grasim Industries Ltd

Grasim Industries Ltd. is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. It was incorporated in 1947 and has diversified business with operations in various areas such as viscose staple fibre, chemicals, cement, sponge iron, and textiles.

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: ₹2521.20 per share as on 12 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,69,401.49Cr 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
OrganisationGrasim Industries Ltd
HeadquartersMumbai
IndustryTextiles
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Key events for Grasim Industries Ltd

  • Grasim Invests Heavily in Decorative Paints Market - 11 Nov, 2024

    Grasim Industries, backed by Aditya Birla Group's Rs 10,000 crore investment, aims to become a major player in the decorative paints market, challenging Berger Paints.

  • Grasim Industries Shows Strong Performance and Outlook - 07 Nov, 2024

    Grasim Industries trades at a significant premium with a PE of 27.4 times, up 21% in 2024. Analysts expect net debt to peak in FY25, with a target price of Rs 3,270 as core businesses recover.

  • Grasim Industries Targets Rs 10,000 Crore in Paints - 06 Nov, 2024

    Grasim Industries, under Kumar Mangalam Birla, launched its Birla Opus brand in decorative paints, aiming for Rs 10,000 crore in revenue and a high single-digit market share by FY25.

  • Grasim Industries Pursues Akzo Nobel Stake Acquisition - 05 Nov, 2024

    Grasim Industries is leading the acquisition of a controlling stake in Akzo Nobel India, boosting its presence in the coatings sector. The stock surged nearly 2% amid this news, with plans to generate significant revenue from its new decorative paints brand, Birla Opus.

  • Grasim Industries Faces Market Cap Decline - 04 Nov, 2024

    Grasim Industries' shares fell by 3.18%, resulting in a market cap loss of ₹5,482 crore, now totaling approximately ₹1,72,067 crore. The decline reflects challenges in the cement sector amid macroeconomic pressures, although Grasim continues to focus on expansion and innovation.

  • Grasim Faces Resistance Amid Textile Recycling Partnership - 28 Oct, 2024

    Grasim Industries has partnered with Circ to boost textile recycling, while technical indicators suggest bearish trends, recommending short positions in the stock.

  • Neutral Outlook on Paint Sector Amid Competition - 27 Oct, 2024

    The paint sector faces challenges as companies like Asian Paints may struggle with pricing power due to increased competition from new entrants such as Grasim and JSW, potentially impacting revenue realizations.

  • Grasim Expands Renewable Business and Paints Market Strategy - 25 Oct, 2024

    Grasim Industries is negotiating with Nebras Power to boost its renewable resources and is launching the Birla Opus brand to compete in the paints market.

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.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 13.69% to 13.78% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.06% to 7.02% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 43.06% to 43.11% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, UltraTech Cement Ltd has given 35.8% return, outperforming this stock by 0.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Ambuja Cements Ltd has given 33.1% return, outperforming this stock by 3.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 1.51K Cr → 1.20K Cr (in ₹), with an average decrease of 10.7% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, GRASIM stock has moved down by -5.0%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 38.24K Cr → 34.22K Cr (in ₹), with an average decrease of 10.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.28% to 22.99% in Sep 2024 quarter

News

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Ntpc Share Price Live blog for 01 Aug 2024

Ntpc Share Price Today Live Updates : Ntpc stock price went up today, 01 Aug 2024, by 2.25 %. The stock closed at 406.9 per share. The stock is currently trading at 416.05 per share. Investors should monitor Ntpc stock price closely in the coming days and weeks to see how it reacts to the news.01 Aug, 2024 08:00 AM

Price Updates: NTPC Hits New 52-Week High at Rs 419.90 with 0.94% Daily Gain

Stay updated with the NTPC Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on NTPC stock, including: Last traded price 419.4, Market capitalization: 394557.34, Volume: 263373, Price-to-earnings ratio 18.84, Earnings per share 22.08. Our liveblog combines fundamental and technical insights to offer a comprehensive overview of NTPC's performance. Gain valuable market knowledge and make informed decisions with our expert analysis. Be the first to know about breaking news that can impact NTPC's trajectory. Join us on this journey as we explore the exciting potential of NTPC. The data points are updated as on 01-08-2024 09:15 IST01 Aug, 2024 08:32 AM
View More

Grasim Industries Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹31,065.19Cr (-)₹30,220.68Cr (↓2.72%)₹31,965.48Cr (↑5.77%)₹37,727.13Cr (↑18.02%)₹33,860.75Cr (↓10.25%)
Net Income₹2,576.35Cr (-)₹2,024.05Cr (↓21.44%)₹2,603.43Cr (↑28.62%)₹2,721.81Cr (↑4.55%)₹2,267.74Cr (↓16.68%)
Net Profit Margin8.29% (-)6.70% (↓19.18%)8.14% (↑21.49%)7.21% (↓11.43%)6.70% (↓7.07%)
Value in ₹ crore
Details2021202220232024
Total Assets₹54,944.76Cr (-)₹62,847.53Cr (↑14.38%)₹62,331.60Cr (↓0.82%)₹74,227.90Cr (↑19.09%)
Total Liabilities₹11,996.90Cr (-)₹14,231.74Cr (↑18.63%)₹15,376.67Cr (↑8.04%)₹22,113.31Cr (↑43.81%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3,315.03Cr (-)₹2,402.34Cr (↓27.53%)₹2,656.24Cr (↑10.57%)₹2,318.83Cr (↓12.70%)₹1,777.59Cr (↓23.34%)

Index Inclusions

Nifty Infra

₹8,554.60

-1.19 (-103.15%)

S&P BSE Dividend Stability

₹1,011.26

-1.66 (-17.06%)

S&P BSE Commodities

₹7,319.84

-1.24 (-91.56%)

Nifty 200

₹13,427.80

-1.17 (-158.95%)

NIFTY 50

₹23,883.45

-1.07 (-257.85%)

S&P BSE 250 LargeMidCap

₹10,401.72

-1.15 (-121.32%)

Nifty50 Value 20

₹13,649.25

-0.76 (-105.05%)

BSE 200

₹10,966.63

-1.17 (-129.94%)

NIFTY 100

₹24,715.55

-1.19 (-297.75%)

S&P BSE Enhanced Value

₹910.35

-1.17 (-10.82%)

Nifty100 Eq Weig

₹31,766.90

-1.46 (-470.95%)

BSE 100

₹25,195.09

-1.18 (-300.42%)

S&P BSE Low Volatility

₹1,759.94

-1.5 (-26.8%)

S&P BSE Largecap

₹9,267.67

-1.21 (-113.41%)

S&P BSE SENSEX 50

₹25,123.54

-1.07 (-271.05%)

Nifty Commodities

₹8,579.75

-1.2 (-104.4%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 100 ESG

₹393.84

-1.13 (-4.51%)

S&P BSE 100 LargeCap TMC

₹8,902.39

-1.19 (-107.05%)

BSE MFG

₹1,007.14

-1.21 (-12.37%)

Nifty LargeMidcap 250

₹15,562.55

-1.05 (-165.25%)

Nifty 500

₹22,331.05

-1.15 (-260.35%)

BSE 500

₹35,161.57

-1.18 (-418.81%)

Grasim Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.11%
0.13
Foreign Institutions
13.78%
0.65
Mutual Funds
7.02%
15.92
Retail Investors
22.99%
-1.23
Others
13.09%
-5.92

Grasim Industries Ltd Key Indicators

Details20202021202220232024
Return On Assets %8.857.8312.0110.957.58
Details20202021202220232024
Book Value Per Share (₹)857.4991.191145.191191.061335.08
Details20202021202220232024
Earning Per Share (₹)100.51105.74169.54167.58149.48
Details20202021202220232024
Return On Equity %3.812.056.514.442.7

Grasim Industries Ltd Valuation

Grasim Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.49x)

March 24, 2020

Today (31.66x)

November 11, 2024

Industry (76.71x)

November 11, 2024

Highest (70.33x)

October 1, 2018

LowHigh

Grasim Industries Ltd 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 Results
  • Grasim Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.79%.

    Read More about Dividends

Grasim Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Grasim Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Grasim Industries Ltd (GRASIM) share price today is ₹2521.2

Grasim Industries Ltd is listed on NSE

Grasim Industries Ltd is listed on BSE

  • Today’s highest price of Grasim Industries Ltd is ₹2546.25.
  • Today’s lowest price of Grasim Industries Ltd is ₹2510.

PE Ratio of Grasim Industries Ltd is 31.66

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 5.20L.

Today’s market capitalisation of Grasim Industries Ltd(GRASIM) is ₹169401.49Cr.

Grasim Industries Ltd(GRASIMPrice
52 Week High
₹2877.75
52 Week Low
₹1913.85

Grasim Industries Ltd(GRASIM) share price is ₹2521.2. It is down -12.39% from its 52 Week High price of ₹2877.75

Grasim Industries Ltd(GRASIM) share price is ₹2521.2. It is up 31.73% from its 52 Week Low price of ₹1913.85

Grasim Industries Ltd(GRASIMReturns
1 Day Returns
1.7%
1 Month Returns
-7.61%
3 Month Returns
-2.01%
1 Year Returns
29.46%