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Grasim Industries Ltd Performance

Today's Low
2,330.05
arrowIcon
Today's High
2,379.30
52 Wk Low
1,660.40
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52 Wk High
2,384.30


Open

2366.95

Traded Value (Cr)

95.03 Cr

Prev. Close

2367.45

VWAP

2344.89

Volume

16,21,547

Face Value

2

Grasim Industries Ltd Fundamentals

Market Cap
₹ 1,58,516 Cr
P/E Ratio (TTM)
27.75
P/B Ratio
1.88
Debt to Equity
1.47
ROE
7.97 %
EPS (TTM)
85.40
Dividend Yield
0.42%
Book Value
1,263.07

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Grasim Industries Ltd F&O

Grasim Industries Ltd Option Chain

Grasim Industries Ltd Financials

Grasim Industries Ltd Financials

Grasim Industries Ltd Shareholding Pattern

Held By Mar 2024 Feb 2024 Dec 2023 Sep 2023
Promoters 43.06 % 43.06 % 42.75 % 42.75 %
Others 27.10 % 27.12 % 27.78 % 28.40 %
FII 12.70 % 12.44 % 12.52 % 12.18 %
Retail 11.05 % 11.08 % 11.14 % 11.19 %
Mutual Funds 6.09 % 6.30 % 5.81 % 5.48 %

Promoters

43.06%

Others

27.10%

FII

12.70%

Retail

11.05%

Mutual Funds

6.09%

Promoters

43.06%

Others

27.12%

FII

12.44%

Retail

11.08%

Mutual Funds

6.30%

Promoters

42.75%

Others

27.78%

FII

12.52%

Retail

11.14%

Mutual Funds

5.81%

Promoters

42.75%

Others

28.40%

FII

12.18%

Retail

11.19%

Mutual Funds

5.48%

Resistance and Support

₹2,351.68

PIVOT

resistance-arrow
Resistance
First Resistance₹2,370.367
Second Resistance₹2,402.983
Third Resistance₹2,421.667
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Support
First Resistance₹2,319.067
Second Resistance₹2,300.383
Third Resistance₹2,267.767
RSI57.482
MACD23.736
ADX16.952
CCI129.216

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,621,547206,36550.87
Week1,194,721681,97761.34
1 Month780,497406,62951.85
6 Months1,621,5471,621,547100.00

About Grasim Industries Ltd

Grasim Industries Limited is a flagship company of the Aditya Birla Group, with a very diversified business. The company primarily produces viscose and cement, which account for more than 90% of its revenue and operating profit.

It has moved into several sectors over the years. The country's leading cement manufacturer is its subsidiary, UltraTech Cement. Another company that Grasim Industries has employed to enter the financial services industry is Aditya Birla Capital. This is a NBFC that deals with asset management and life insurance.

Company Overview

The Aditya Birla Group's flagship company, Grasim Industries Limited, is one of India's most prominent private sector businesses. It is a significant player on the international stage in the production of viscose staple fibre (VSF), major chemicals (Chlor-Alkalis), India's largest cement maker, and a variety of financial services (NBFC, asset management, and life insurance). A chemical business has been established due to its crucial role in creating VSF and accomplishing backward integration.

It is the first manufacturer of viscose staple fibre (VSF), a synthetic, biodegradable fibre with properties akin to cotton, in India. Viscose (Pulp, Fibre, and Yarn), Chemicals (Caustic Soda, Epoxy, and related Chemicals), and Others (Insulators, Textiles, Fertilisers, and Solar Power Designing, Engineering Procurement, and Commissioning) are its main business segments.

Through its holdings in Aditya Birla Capital Limited ABNBCL, it has a presence in the financial services sector. 

For all the Aditya Birla Group's financial services businesses, ABCL is a holding company. ABCL is well-established in the life insurance, asset management, corporate lending, structured finance, wealth management, equity, currency, commodity broking, online personal finance management, housing finance, pension fund management, and health insurance industries.

About The Company

In 1947, just ten days after independence, Grasim Industries was founded. The inspiration behind the idea was Mr. G D Birla's vision that there would be an acute shortage of cotton in this country. In 1950, the first plant was set up in Gwalior and started producing fabrics from synthetic rayon imports. It has been diversifying into other sectors ever since, setting up new plants nationwide.

In 1954, Grasim began production for VSF, and in 1962 it created an engineering division dedicated to plant and machinery. The composite textile plant in Haryana opened in 1963, while rayon manufacture in Kerala opened its doors in 1968. In 1985, they started a cement business with Vikram Cement. Birla International Marketing Co. was set up to provide IT consulting and software development services between 1992 and 1993 and started a company called Birla Consultancy & Software Services from 1993 onwards.

In October 2007, under the Companies Act 1956, Aditya Birla Financial Services Private Ltd. was incorporated in May 2009. It received a Certificate of Registration from the Reserve Bank of India to start its activities as a NBFC. It was changed into a limited liability corporation in 2014. In June 2017, the company changed its name to Aditya Birla Capital Limited. You can track the Grasim Industries Ltd. share price & analyse the stocks of Grasim industries.

Social Responsibility Of Grasim Industries Ltd.

Ms. Rajashree Birla of the Aditya Birla Centre for Community Initiatives and Rural Development has been instrumental in driving CSR activities at Grasim Industries Ltd. The group works in more than 7,000 villages, reaching 9 million people under her leadership. In addition, 20 hospitals are run by the group, 5 000 medical camps have been held, and 10, 000 patients have been helped. To ensure quality education for children with limited resources, the group runs 56 schools across India.

The company's CSR activities aim to ease the living conditions of rural and indigenous populations in the country and create a sustainable future for them. Grasim's socio economic efforts, particularly in rural and tribal districts, have transformed communities under the Aditya Birla Group's (ABG) "We Care" ethos.

Grasim Industries Ltd. Share Price

The promoter and promoters' shareholding amounted to 42.76% as of March 2022, with FIIs accounting for 12.13%, DIIs 14.62%, and others 30.11%. 54 Mutual Funds and 594 FIIs have financed Grasim Industries Ltd.

Grasim Industries Ltd. share price for today is mentioned above. The Grasim Industries Ltd. share price keeps fluctuating daily as per the share market conditions.

  • Parent Organisation- Birla AV
  • Founded- 1947
  • Managing Director- Kumar Mangalam Birla
  • NSE Symbol- GRASIM

Managing Director

H K Agarwal

Founded

1947

NSE Symbol

GRASIM

Grasim Industries Ltd Management

NameDesignation
Kumar Mangalam BirlaChairman (Non-Executive)
Rajashree BirlaNon-Exec & Non-Independent Dir
Cyril ShroffNon-Exec. & Independent Dir.
Thomas M ConnelyNon-Exec. & Independent Dir.
Anita RamachandranNon-Exec. & Independent Dir.
N Mohan RajNon-Exec. & Independent Dir.
Venkatadri ChandrasekaranIndependent Director
Adesh Kumar GuptaIndependent Director
Santrupt MisraNon-Exec & Non-Independent Dir
Sailesh DagaCompany Sec. & Compli. Officer
Raj KumarDirector
H K AgarwalManaging Director
ANANYASHREE BIRLADirector
Aryaman BirlaDirector

Grasim Industries Ltd News

Grasim Inds edges higher after Birla Pivot surpasses Rs 1,000 crore revenue-mark
Grasim Industries advanced 1.09% to Rs 2262.05 after the company informed that its B2B e-commerce business unit for building materials Birla Pivot has crossed Rs 1,000 crore revenue-mark in FY24, which is the first year of its operations.
Birla Pivot achieves Rs 1,000 cr revenue in first year of operations
Board of Grasim Industries approves acquisition of 26% stake in a renewable energy entity
Grasim Industries allots NCDs aggregating Rs 1,250 cr
Grasim Industries raises sustainability-linked NCDs of Rs 1250 cr from IFC
Grasim Inds raises sustainability-link NCDs worth Rs 1,250 cr from IFC
Grasim Industries said an investment of Rs 1,250 crore, or $150 million, made by the World Bank Group's private sector arm, the International Finance Corporation (IFC), by way of subscription to non convertible debentures to be issued by the firm.
Grasim Industries repays Rs 350 cr commercial paper
Grasim Industries redeems commercial paper of Rs 500 cr
On 23 February 2024
Grasim Industries launches its new decorative paints brand - Birla Opus
Grasim Inds to launch 'Birla Opus' paints with manufacturing operations in three states
Grasim Industries said that the company’s chairman Kumar Mangalam Birla will launch 'Birla Opus Paints' business and inaugurate three Birla Opus Paints plants today.

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Grasim Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Grasim Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Grasim Industries Ltd's share price is ₹2,342.45 as of April 26, 2024

Grasim Industries Ltd's P/E ratio is 27.75 times as of April 26, 2024.

Grasim Industries Ltd's most recent financial reports indicate a price-to-book ratio of 1.88, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Grasim Industries Ltd's market is 158,517 Cr as on April 26, 2024.

The current financial records of Grasim Industries Ltd show a 7.97% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Grasim Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Grasim Industries Ltd's 52-week high and low as of April 26, 2024 are ₹2379.3 and ₹2330.05 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Grasim Industries Ltd stands at 43.06%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 12.44% to 12.70%.