Grasim Industries

NCLAT sets aside ₹301.6 crore CCI penalty on Grasim, orders fresh hearing

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 ...

NSE launches Nifty Cement Index; here's everything investors need to know

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 diversified growth strategy set for long-term gains: Motilal Oswal

Grasim's chemical segment, India's largest producer of chlor-alkali and epoxy resins, continues to offer a stable growth trajectory.

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

Stocks to Watch today, Nov 6: Paytm, IndiGo, Delhivery, Grasim 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

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

Nifty eyes fresh record high; BPCL, Power Grid among top stocks to buy

Stocks to buy: Ajit Mishra of Religare Broking recommends buying BCPL, Grasim Industries, and Power Grid; also suggests Nifty trading strategy

Motilal Oswal bullish on Grasim as mgt sets eye on market domination

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 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

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

Q1 results today: SBI, Tata Motors, Grasim, Siemens, 239 others on Aug 8

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

Top stock picks, July 31: PI Industries, Grasim; check target, stop-loss

Grasim Industries has negated lower highs-lower lows after four weeks and has pulled back higher from its 100 DEMA support.

CCI revises probe order against Asian Paints, removes previous findings

The Competition Commission of India revises its probe order against Asian Paints, removing references to previous findings of dominance, amid a complaint by Grasim Industries

Reviewing CCI order, will take appropriate legal recourse: Asian Paints

Asian Paints is reviewing the order passed by fair trade regulator CCI directing a probe against the country's leading paint maker for alleged abuse of its dominant position in the market and said it plans to take appropriate legal recourse. Asian Paints said it will cooperate with the Competition Commission of India (CCI) in the investigation over allegations of exclusionary practices. "The company is currently reviewing the order and will take appropriate legal recourse. The company remains committed to fully cooperating with the CCI during the course of the investigation," Asian Paint said in a late night regulatory filing on Thursday. Earlier this week, CCI ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sales of decorative paint over the complaints filed by Aditya Birla group firm Grasim Industries. Grasim, a new entrant in the domestic paint industry with brand Birla Opus, had accused Asian Paints o

CCI orders probe into Asian Paints over alleged abuse of dominance

CCI finds prima facie evidence of anti-competitive conduct by Asian Paints after Grasim alleges dealer coercion, denial of market access and other unfair practices

HDFC Bank, HDFC Life, Grasim, Max Health among 6 BSE100 stocks at new highs

Stocks at new highs: The private sector lender AU Small Finance Bank and telecom giant Bharti Airtel from BSE100 index hit their respective all-time highs in Thursday's intra-day trade.

Grasim Industries paints fresh coat, drains market colour from rivals

Firm's mcap surges 84% in 4 years; combined mcap of rivals slips 23%

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

Why is Morgan Stanley bullish on Grasim Industries in the medium-term?

Grasim Industries shares jumped in trade after New York, US-based brokerage Morgan Stanley upgraded the rating to 'Overweight', from 'Equal-weight.'