Stocks to Watch today: Airtel, Vodafone Idea, NLC India, BPCL, Grasim Industries, RVNL, SpiceJet, Avantel Ltd, IRB Infra, HCLTech, Bank of India are among other stocks that will be in focus today.
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 is the flagship company of Aditya Birla Group, which is led by Kumar Mangalam Birla; while, the group holds substantial stake in Vodafone Idea.
Grasim Industries beat Street estimates in Q4FY26, aided by strong growth in paints, VSF and B2B businesses, with analysts remaining positive on prospects
The sentiment was further supported by positive commentary from brokerages including MOFSL and Choice, who reaffirmed their 'Buy' ratings on Grasim Industries
Grasim Industries narrows Q4 loss as strong core business growth offsets continued investments in paints and e-commerce ventures
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.
Appellate tribunal NCLAT on Tuesday set aside a Rs 301.6-crore penalty imposed on the Grasim Industries by CCI, directing the fair trade regulator to hear the Aditya Birla Group firm again over its alleged dominance in the viscose staple fibre (VSF) market. The tribunal observed that the CCI did not provide a chance to Grasim Industries to present their arguments, after it differed from the findings of DG, its probe Unit. The Competition Commission of India (CCI) had imposed a penalty on Grasim Industries in March 2020 for allegedly abusing its dominant position with respect to supply of VSF to spinners in India in which it has a dominant position. The order was challenged by Grasim before the NCLAT, which is also an appellate authority over CCI, which asked the regulator to hear afresh. A two-member National Company Law Appellate Tribunal (NCLAT) bench said the CCI itself has "differed from findings of the DG", its probe unit, regarding their directions for disclosure of ...
The Nifty Cement Index comprises stocks that are part of the Nifty Total Market Index and are classified under the 'Cement & Cement Products' basic industry
Grasim's chemical segment, India's largest producer of chlor-alkali and epoxy resins, continues to offer a stable growth trajectory.
Rakshit Hargave, who resigned as the CEO of Birla Opus Paints, is set to take over as ED and CEO of Britannia Industries
Stocks to Watch today, November 6, 2025: From One97 Communications, Delhivery, InterGlobe Aviation, Grasim Industries, here is a list of stocks that will be in focus today
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
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
Stocks to buy: Ajit Mishra of Religare Broking recommends buying BCPL, Grasim Industries, and Power Grid; also suggests Nifty trading strategy
Motilal Oswal reiterated its 'Buy' rating on Grasim stock with a target price of ₹3,550, an upside of 28 per cent from Thursday's close
Grasim Industries' market cap approaches ₹2 trillion as Birla Opus gains share, Pivot scales in e-commerce, UltraTech cements lead, and green businesses expand
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
Q1 FY26 company results, August 8: Ceigall India, Akums Drugs, Cholamandalam Financial Holdings, and Lemon Tree Hotels will also release their April-June quarter earnings reports today
Grasim Industries has negated lower highs-lower lows after four weeks and has pulled back higher from its 100 DEMA support.