Business Standard

Grasim Industries

FIIs up long bets in Nifty, long-short ratio hops to 3:1; retail add shorts

Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.

FIIs up long bets in Nifty, long-short ratio hops to 3:1; retail add shorts
Updated On : 23 Sep 2024 | 9:23 AM IST

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 achieves highest-ever Ebitda of Rs 20,837 cr: Kumar Mangalam Birla
Updated On : 21 Aug 2024 | 2:26 PM IST

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 records Rs 1.30 trillion revenue for FY24, driven by cement business
Updated On : 20 Aug 2024 | 4:36 PM IST

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

Grasim revenue up 9% at Rs 33,861 cr; net profit falls 23.4% to Rs 1,208 cr
Updated On : 09 Aug 2024 | 10:51 PM IST

ICICI Bank, TCS, Grasim: 5 F&O stocks with high PCR for your watchlist

F&O trading strategy: A high OI-based PCR suggests that traders were expecting limited downside at these counters, and were comfortable writing Puts.

ICICI Bank, TCS, Grasim: 5 F&O stocks with high PCR for your watchlist
Updated On : 19 Jul 2024 | 2:57 PM IST

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days

In the derivatives segment, stocks such as India Cement, GMR Infra, Chambal Fertilizers seem to have witnessed long unwinding in recent trading sessions owing to the sharp rally in share prices.

F&O Insights: Grasim among 12 stocks with over 20% OI change in last 4 days
Updated On : 21 Jun 2024 | 12:22 PM IST

Stocks to watch on May 29: RIL, NBCC, Hindalco, IRCTC, Grasim Industries

Stocks to watch on May 29: NBCC's Q4FY24 revenues surged by 43.1 per cent year on year (YoY) to Rs 4,025 crore compared to Rs 2,813 crore in Q4FY23

Stocks to watch on May 29: RIL, NBCC, Hindalco, IRCTC, Grasim Industries
Updated On : 29 May 2024 | 7:25 AM IST

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

Stocks to Watch, May 23: Grasim, GMM Pfaudler, Petronet LNG, Star Cement
Updated On : 23 May 2024 | 11:56 AM IST

Grasim Q4 results: Profit rises 15.5% to Rs 2,721.8 cr, revenue up 12.7%

Aditya Birla Group flagship holding firm Grasim Industries Ltd has reported an increase of 15.54 per cent in consolidated net profit at Rs 2,721.81 crore for the fourth quarter ended March 2024, led by strong performance by its cement and financial services business. The company had posted a net profit of Rs 2,355.67 crore during the January-March quarter a year ago, according to a late night regulatory filing by Grasim Industries on Wednesday. Its revenue from operations was up 12.74 per cent to Rs 37,727.13 crore during the quarter under review. It was at Rs 33,462.14 crore in the corresponding period of the previous fiscal. The consolidated revenue was "at its highest levels," said an earning statement from Grasim Industries. Grasim has an exceptional items charge of Rs 538 crore in the March quarter. Its consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter stood "at an all-time high" of Rs 6,196 crore, recording a growth of 27 pe

Grasim Q4 results: Profit rises 15.5% to Rs 2,721.8 cr, revenue up 12.7%
Updated On : 23 May 2024 | 11:45 AM IST

Grasim Industries Q4 results: Net profit rises 15.5% to Rs 2,721.81 cr

Grasim Q4 results: The board recommended dividend of Rs 10 per equity share for FY24

Grasim Industries Q4 results: Net profit rises 15.5% to Rs 2,721.81 cr
Updated On : 22 May 2024 | 11:30 PM IST

Grasim Industries secures Rs 1,250 cr from International Finance Corp

The investment by IFC, World Bank's private sector arm, will be in the form of a subscription to non-convertible debentures (NCD) issued by Grasim

Grasim Industries secures Rs 1,250 cr from International Finance Corp
Updated On : 19 Mar 2024 | 1:23 PM IST
Updated On : 26 Feb 2024 | 11:02 PM IST

Analysts positive on Grasim's prospects due to launch of paints division

Management guidance was that the VSF margin is stable. Even though caustic soda price is down, global prices are likely to bottom soon

Analysts positive on Grasim's prospects due to launch of paints division
Updated On : 23 Feb 2024 | 11:00 PM IST

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus

Further, it aims to become the second-biggest player in the Rs 80,000 crore Indian decorative paints market, which is currently dominated by Asian Paints

Grasim Industries paints Rs 10K cr sales target in 3 years for Birla Opus
Updated On : 23 Feb 2024 | 12:11 AM IST

Grasim enters paint biz with Birla Opus, aims Rs 10k cr revenue in 3 years

The company has also inaugurated three plants of Birla Opus at Panipat (Haryana), Ludhiana (Punjab) and Cheyyar (Tamil Nadu)

Grasim enters paint biz with Birla Opus, aims Rs 10k cr revenue in 3 years
Updated On : 22 Feb 2024 | 1:44 PM IST

Grasim gains 2%, hits record high on paint biz launch; Asian Paints dips 2%

The company will launch Birla Opus Paints Business and inaugurate three Birla Opus Paints plants at Haryana, Punjab and Tamil Nadu today on February 22, 2024.

Grasim gains 2%, hits record high on paint biz launch; Asian Paints dips 2%
Updated On : 22 Feb 2024 | 10:04 AM IST

Grasim Industries Q3 results: Net profit rises 48% to Rs 1,514 crore

On a standalone basis, the net profit for the quarter was Rs 236 crore in the December 2023 quarter as compared to Rs 257 crore reported in December 2022

Grasim Industries Q3 results: Net profit rises 48% to Rs 1,514 crore
Updated On : 08 Feb 2024 | 9:29 PM IST

Grasim Industries Rs 4,000 crore rights issue over subscribed two-fold

Grasim Industries said its Rs 4,000 crore rights issue has been subscribed nearly two-fold on the final day of subscription on Monday. The company has received a cumulative bid for nearly 4.34 crore shares as against 2.21 crore shares offered by the Aditya Birla Group firm, according to an exchange filing. The rights were issued at Rs 1,810 per share, which was 16 per cent less than the prevailing market price. Shares of Grasim Industries Ltd on Monday settled at Rs 2,103.05 on BSE, up 1.37 per cent from previous close. In a separate filing to stock exchanges, Grasim Industries said it has repaid Rs 600 crore to investors of its commercial paper which matured on Monday. Grasim Industries' right issues opened on January 17. Earlier on January 4, the board of Grasim Industries had approved raising of Rs 4,000 crore through a rights issue to fund its next phase of growth by issuing 2.21 crore shares having face value of Rs 2, with a premium of Rs 1,810. In October last year, Grasim

Grasim Industries Rs 4,000 crore rights issue over subscribed two-fold
Updated On : 29 Jan 2024 | 11:07 PM IST

Stocks to Watch today, Jan 5: Sobha, Dabur, Grasim, REC, Jupiter Wagons

Stocks to Watch on Friday, January 5, 2024: Grasim Industries' Board has approved fund raise via rights issue worth Rs 4,000 crore.

Stocks to Watch today, Jan 5: Sobha, Dabur, Grasim, REC, Jupiter Wagons
Updated On : 05 Jan 2024 | 8:01 AM IST

Grasim Industries rights issue price fixed at Rs 1,812 per share

The company has decided on a rights entitlement ratio of six shares for every 179 fully paid-up equity shares held by the eligible equity shareholders as of the record date

Grasim Industries rights issue price fixed at Rs 1,812 per share
Updated On : 04 Jan 2024 | 11:25 PM IST