Tue, Oct 17, 2023
The promoters and promoter group will fully subscribe to their rights entitlement (RE) and also to the unsubscribed portion, if any, demonstrating their strong confidence in the company’s growth prospects.
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Thu, Sep 14, 2023
The company has set manufacturing plants at six locations in Haryana, Punjab, Tamil Nadu, Karnataka, Maharashtra, and West Bengal.
Thu, Aug 10, 2023
The company had posted a net profit of Rs 2,758.75 crore during the April-June quarter a year ago, Grasim Industries said in a regulatory filing.
Fri, May 26, 2023
Grasim Industries' profit dipped by 88.5 per cent to Rs 93.5 crore in the quarter that ended on March 31, 2023, as compared to Rs 814 crore in the same quarter a year ago.
Grasim Industries dividend: Grasim Industries – an Aditya Birla Group company – announced a dividend of Rs 10 per ordinary share — a 500 per cent payout given the face value of Rs 2 per share.
Zee Business research analysts expect Grasim Industires to report a net profit of Rs 322 crore for the final three-month period of FY23, which translates to a decline of 60.4 per cent year-on-year (YoY)
Grasim Industries is likely to report a net profit of Rs 322 crore for the final three-month period of the financial year gone by, which translates to a decline of 60.4 per cent year-on-year as compared to Rs 813.6 crore in the same period a year ago.
Mon, Mar 13, 2023
Stocks to buy: Brokerage firms have recommended five stocks having the potential to yield up to 25 per cent. One may consider the brokerage recommendations for positive yield.
Tue, Feb 14, 2023
Grasim's profit dipped by 51 per cent to Rs 257 crore in the third quarter of FY23 as compared to Rs 522 crore in the same quarter a year ago period.
Tue, Nov 15, 2022
JP Morgan maintains an ‘Overweight’ rating on this stock and puts a target of Rs 1980, increasing it from Rs 1870, earlier. Meanwhile, Citi’s target is at Rs 1950 and this brokerage has a buy recommendation on Grasim counter
Tue, Oct 11, 2022
Sanjiv Bhasin said in the next 5 days as he predicted that the domestic market will rebound
Thu, Sep 01, 2022
Stocks to buy today: In a special segment ‘Bhasin Ke Hasin Share' aired on Zee Business with Managing Editor Anil Singhvi, Sanjiv Bhasin picked three stocks for investors - Dr. Reddy's Fut, Grasim Fut, SAIL Fut.
Mon, Aug 29, 2022
In FY22, Grasim spent a total capex of Rs 1,958 crore, Birla said. Consolidated revenue for the year was Rs 95,701 crore, up 25 per cent year-on-year.
Fri, Aug 12, 2022
Aditya Birla Group firm Grasim Industries Ltd on Friday reported 12.7 per cent increase in consolidated net profit at Rs 2,758.75 crore for the quarter ended June 30, 2022.
Wed, Jul 20, 2022
The overall building material procurement segment in India has grown at a compound annual growth rate of 14 per cent over the last three years.
Thu, Jun 23, 2022
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Wednesday said that those who bought Bank Nifty yesterday at Rs 15,430, should book it today for Rs 15570. He further said Motherson Sumi, Info Edge (Naukri), Indian Hotels, L&T, and Tata Motors are outperforming.
Wed, May 25, 2022
Grasim Industries and Metropolis Healthcare fell up to six per cent in Wednesday's intraday trade, a day after they came up with the results for the quarter ended March 31, 2022, on Tuesday
Tue, May 24, 2022
Grasim Industries Q4 results 2022: Aditya Birla Group firm Grasim Industries Limited on Tuesday reported a 55.56 per cent increase in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter ended March 31, 2022
Fri, Nov 12, 2021
The company’s topline and bottomline posted double-digit growth. However, the margins witnessed pressure during the quarter.
Thu, Aug 12, 2021
Competition Commission has directed Grasim Industries to cease and desist from indulging in unfair business practices after it found the company abused its dominant position with respect to the supply of certain staple fibre.
Tue, May 25, 2021
Sharekhan says that Grasim Industries presented restated numbers including the financials of wholly-owned subsidiary Grasim Premium Fabric as an effect of amalgamation w.e.f. appointed date April 1, 2019 in its textile division. Standalone net sales rose 18.4% yoy (up 18.9% yoy) at Rs. 4,394 crore led by strong rise in both Viscose (up 22.9% yoy) and chemical (up 14.1% yoy) revenues. The other businesses (textile and insulator) saw a 1.7% yoy rise
Tue, Mar 16, 2021
Grasim Industries is expected to benefit from continued uptick seen in VSF prices in the current quarter. It has also identified a manufacturing plant for its paints business. VSF prices have increased by 88% from their historic low of RMB 8300/tonne in August 2020 to now RMB 15,600, led by strong demand in the Chinese textile market.
Mon, Feb 15, 2021
Grasim Industries reported better than expected standalone operational performance for Q3 FY21 led by strong OPM for its Viscose business led by higher realization, lower fixed costs and input cost benefits. Grasim Industries presented restated numbers excluding fertilizer business (under process of transferring the business post the sale agreement in November 2020) for Q3 FY21 and previous periods.
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