Grasim

Grasim to invest ₹3,094 cr to expand Lyocell capacity in Karnataka

Grasim Industries Ltd, the flagship company of the Aditya Birla Group, on Monday said it will invest Rs 3,094 crore on expansion of its Lyocell capacity at Harihar, Karnataka, under phase II. The Board of Directors of Grasim Industries, a global leader in cellulosic fibres in a meeting on Monday, approved a capex of Rs 3,094 crore to expand Lyocell capacity at Harihar, Karnataka. This will be financed through a "mix of internal accrual and borrowed funds." It will support Grasim to participate in the growing global demand for sustainable and high-performance textile materials. Lyocell is a semi-synthetic fibre widely used across apparel, home textiles, and technical textile applications. Under this, Grasim will set up a 110K TPA (2 lines of 55K TPA) each, in which the first line is expected to be commissioned by 2028, and the second line by 2030. This additional capacity will complement the phase I Lyocell plant of 55K TPA currently under construction at Harihar, which is expecte

Grasim shares slide 5% after Q2 results; what's weighing the stock down?

Rakshit Hargave, who resigned as the CEO of Birla Opus Paints, is set to take over as ED and CEO of Britannia Industries

Grasim Q2 profit up 76% on strong building materials, chemicals performance

Driven by robust demand in cement and chemicals and expansion in paints and B2B e-commerce, Grasim Industries' Q2FY26 profit rose sharply to ₹553 crore on ₹39,900 crore in revenue

Birla Opus CEO Rakshit Hargave resigns to pursue new opportunities

The company said the appointment of Hargave's successor will be announced in due course. In the meantime, MD Himanshu Kapania will directly oversee the paints business

Grasim closing in on ₹2 trillion mcap on paint, cement, digital bets: Birla

Grasim Industries' market cap approaches ₹2 trillion as Birla Opus gains share, Pivot scales in e-commerce, UltraTech cements lead, and green businesses expand

Breakout stocks to buy: UNO Minda, DMart, Grasim form bullish patterns

Grasim has taken support at its rising trendline and rebounded with a strong bullish candle backed by volumes, reflecting buyers' interest at key support levels

Grasim shares rise 3% after Q1 results; here's why analysts raised targets

Grasim Industries rose 3 per cent as analysts raised the target price after it reported a profit growth 32 per cent increase in Q1FY26

Grasim Q1 net profit up 32% as cement, paints, B2B platform scale up

Profit rose to ₹1,419 crore in Q1FY26 aided by cement and chemicals, while paints and B2B e-commerce saw strong traction despite upfront investment drag

Ashok Leyland, Grasim among top stocks to buy today; Check target here

Stocks to buy: Analyst at Angel One recommends Ashok Leyland, Grasim and one other stock; Check target price, stop loss here

Grasim: Investors bet on paints, ignore weakness in core business

Investors and analysts are betting on a fast ramp-up in paints division and its e-commerce venture of selling construction goods

CCI to decide on probe into Asian Paints for 'abuse' of dominant position

The allegations against Asian Paints include restricting dealers from doing business with Grasim's Birla Opus

Grasim, Ashok Leyland and HDFC AMC top stock calls today; check levels here

Grasim, Ashok Leyland and HDFC AMC are among the top stock calls for Friday (May 16), according to Motilal Oswal's Ruchit Jain

Grasim Industries Q3 results: Net profit plunges 40% to Rs 899 crore

In the quarter under review, Grasim's consolidated net profit stood at Rs 899 crore, against Rs 1,514.4 crore a year ago

India Inc opts for long-term borrowing as short-term rate spikes

L&T, Grasim, UltraTech raise funds via 10-year bonds

Grasim Industries Q2FY25 results: Net profit falls 45.6% to Rs 1,100 crore

Aditya Birla Group flagship holding firm Grasim Industries Ltd on Thursday reported a 45.64 per cent decline in consolidated net profit to Rs 1,100.16 crore for the September quarter, impacted by lower profitability in the cement business and investments in the Building Materials and Renewables businesses. The company had posted a net profit of Rs 2,024.05 crore during the July-September period a year ago, according to a regulatory filing by Grasim Industries -- the holding firm for leading group companies such as UltraTech, Aditya Birla Capital, and Aditya Birla Renewables. Its revenue from operations was up 11.05 per cent to Rs 33,562.85 crore during the quarter under review from Rs 30,220.68 crore a year earlier. The revenue growth was "driven by the superior performance of financial services, cellulosic staple fibre and specialty chemicals businesses", Grasim Industries said in an earning statement. However, consolidated EBITDA declined "as a result of lower profitability in th

Industrials, energy conglomerates see double-digit churn in human capital

Flagship entities of groups such as L&T, Vedanta, Grasim & Adani reported double-digit employee turnover in FY24

Grasim achieves highest-ever Ebitda of Rs 20,837 cr: Kumar Mangalam Birla

Speaking at the company's 77th Annual General Meeting, Kumar Mangalam Birla said that Grasim Industries invested Rs 7,000 crore in its paints business

Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business

For FY24, Aditya Birla Group's flagship company, Grasim Industries' board of directors has proposed a dividend of Rs 10 per equity share, amounting to a total cash outflow of Rs 669 crore

Grasim revenue up 9% at Rs 33,861 cr; net profit falls 23.4% to Rs 1,208 cr

Grasim Industries to invest Rs 4,553 crore in FY25

Stocks to Watch, May 23: Grasim, GMM Pfaudler, Petronet LNG, Star Cement

On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare