Grasim share price nse

"Recommended a dividend of ₹ 10/- (Rupees Ten Only) per equity share (of face value of ₹ 2 each) for the financial year ended 31st March 2023, subject to the approval of shareholders at the ensuing Annual General Meeting ("AGM") of the Company," the company's regulatory filing said. Grasim Industries Q4 results Source: NSE Grasim Industries share price NSE, Grasim Industries share price history Grasim Industries shares finished up 0.96 per cent or Rs 16.25 at Rs 1,685.1 apiece on NSE. The stock emerged as one of the top losers in the Nifty basket. Grasim Industries's stock has given a positive return of nearly 21 per cent in the last year (May 26, 2022). In comparison, the headline index Nifty 50 has rallied over 13 per cent. Catch Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

Grasim shares under pressure as Street estimates Aditya Birla group firm to post weak Q4 results 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) • • • • • The company is expected 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), while the revenue is seen to be almost flat at Rs 6,490 crore for the March quarter of the fiscal year 2022-23. The earnings before interest, taxes, depreciation and amortisation (EBITDA) of Grasim may come at around Rs 693.4 crore in Q4 and the margin may come under pressure at 10.7 per cent in the fourth quarter of FY23 from 11.8 per cent in a year ago quarter. Street estimates Domestic brokerage firm Sharekhan said, “Grasim is expected to report a 7.8 per cent YoY decline, but up 45.5 per cent sequentially, in operating profit owing to weak operating margins in Viscose, affected by lower realisations.” This is in line with Zee Business expectations. The brokerage expects revenue growth to be flat or of 1 per cent YoY driven by revenue growth in the chemical division. Sharekhan has a ‘buy’ rating on the stock with a target price of Rs 1900 per share, which implies an upside of 12 per cent from Thursday’s closing price of 1703 per share. Grasim share price history Grasim shares grew more than 21 per...

Description • Grasim Industries Ltd is in the Textiles sector is having a market capitalization worth Rs. 95,549.64 crores, it is incorporated in the year 1947. It has reported consolidated sales of Rs. 19,919.40 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500300, and also listed on the National Stock Exchange (NSE) with the code GRASIM. Grasim Industries is under the management of Aditya Birla Group. Grasim deals in products like viscose, chloralkali, and textiles. Grasim has four fibre plants, one pulp plant, and two manufacturing plants for Viscose and related products. Grasim also produces Chlor Alkali at eight different manufacturing locations in the country. Grasim also produces linen and wool from its two manufacturing units under the textile segment. Grasim Industries has incurred an expenditure of nearly Rs. 84.66 crores towards its CSR requirements. UltraTech Cement, India's leading cement manufacturer, is a subsidiary of Grasim Industries, along with Aditya Birla Capital (an asset management company) and Aditya Birla Renewables. Grasim Industries has a strong workforce of 23,561 employees. The promoters of the company own 42.09% of the stake, Foreign Institutional Investors (FII) own 15.1% stake in the company, Domestic Institutional Investors (DII) own 15.99% stake in the company, and others (such as public & retail investors) hold the balance of 26.82%. In June 2021, quarterly net revenue was Rs. 3,762.68 crores,...

Grasim Industries Limited is an India-based company that is primarily engaged in producing viscose and chemicals. The Company’s segments include Viscose, Chemicals, Cement, Financial Services and Equity Broking. The Viscose segment includes viscose staple fiber, wood pulp and viscose filament yarn. The Chemicals segment includes caustic soda, allied chemicals and epoxy. The Cement segment includes grey cement, white cement and allied products. The Financial Services segment non-bank financial services, life insurance services, asset management (AMC), housing finance, equity broking, wealth management, general insurance advisory and health insurance. It also includes textiles, insulators and solar power. Its plants are located in Madhya Pradesh, Maharashtra, Gujarat and West Bengal. The Company’s wholly owned subsidiaries include ABNL Investment Limited, Aditya Birla Renewables Limited, Aditya Birla Solar Limited and Samruddhi Swastik Trading and Investments Limited.;

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session in green. The NSE Nifty 50 rose 39.75 points or 0.21% to 18,755.90 and BSE Sensex gained 85.35 points or 0.14% to 63,228.51. In sectoral indices, Bank Nifty fell 91.85 points or 0.21% to 43,988, Nifty Auto rose 0.17%, Nifty FMCG gained 0.59%, Nifty Metal jumped 1.42% and Nifty Oil & Gas surged 0.91%. The top gainers on Nifty 50 were Tata Consumer, Grasim, JSW Steel, Tata Steel and Power Grid while the losers were IndusInd Bank, Bajaj FInance, Bharti Airtel, Axis Bank and Hero Motocorp. Benchmark indices NSE Nifty 50 and BSE Sensex concluded Wednesday’s session in green. “The domestic indices rebounded after an initial phase of profit booking, driven by encouraging WPI inflation data and positive global cues, while selling in IT and banking stocks kept a check on gains. The favourable decline in US inflation, driven by lower energy prices, and speculation about a potential pause in the Fed rate hike campaign, brought comfort to global equities. However, the persistence of higher core inflation levels may compel the Fed to maintain its hawkish tone during today’s policy announcement with indication of a prolonged pause,” said Vinod Nair, Head of Research at Geojit Financial Services. “Air fares in India are deregulated; the government cannot fix a cap. The aviation minister requested the industry to rein in the rates when rates in certain routes shot up after the grou...