Page 4 - Grasim Industries

Grasim board inducts Ananya Birla, Aryaman Vikram Birla as directors

Aditya Birla Group flagship firm says move comes at an appropriate moment, with the creation of the paints vertical and B2B platform for building material

Stocks to Watch: Tech M, Adani Ports, Hero Moto, Voltas, Eicher Motors, RIL

Stocks to watch today: Tech Mahindra's net profit for Q2 FY23 was down 4 per cent at Rs 1,285 crore due to supply-side pressure; NCC received two new orders worth Rs 1,056 crore in October

Sensex adds 1564pts, Nifty tops 17750 in broad-based rally; financials lead

CLOSING BELL: Benchmark indices clocked their biggest intra-day gain since May 20 as broad-based buying emerged across sectors

Grasim earmarks Rs 3,117-cr FY23 capex for existing business: Birla

Grasim Industries, the flagship company of Aditya Birla Group, would invest Rs 3,117 crore on its existing businesses in FY23, its Chairman Kumar Mangalam Birla said on Monday. This investment would be towards capacity creation and modernisation of plants. "For FY23, your company has earmarked Rs 3,117 crore for the existing lines of businesses excluding the paints and B2B e-commerce business," said Birla while addressing shareholders of the company. About the company's "strategic foray" into paints and B2B e-commerce, he said these are decisive steps for a strong growth. "Both paints and B2B E-commerce businesses complement the existing lines of business within the Grasim umbrella. They cater to a large market, offer access to new customer pools, and hold the promise of creating sustained stakeholder value," he said. The company's board has already approved a total capex of Rs 10,000 crore for the paints business, out of which Rs 605 crore has been spent till FY22, he ...

Grasim Industries Q1 profit up 13% to Rs 2,759 cr; revenue up 41%

The company had posted a net profit of Rs 2,447.97 crore for April-June 2021-22, Grasim Industries said in a regulatory filing.

Stocks to Watch: RIL, HUL, ONGC, NTPC, Ambuja, HDFC Life, Grasim, Vedanta

Stocks to Watch Today: CEAT, Havells, IndusInd Bank, Mastek, OFSS, RIIL, Syngene International, Tata Communications and Wirpo to announce Q1 results on Wednesday.

Stocks to watch: Telecom, Aviation, Tata Motors, HDFC, Glenmark Pharma

Stocks to watch today: Tata Motors UK subsidiary JLR is likely to halt production due to supply disruption and chip crunch; Aviation stocks in focus after jet fuel prices hiked by 16 per cent.

Cement shares sink: Shree Cement, JK Cement, Ultratech hit 52-week lows

In current times of weak demand, high fuel costs and entry of a new player (Adani group), any significant capacity announcement may be viewed negatively by the market, according to analysts

Grasim Industries Q4 net profit jumps 56% to Rs 4,070 cr; revenue rises 18%

The company had posted a net profit of Rs 2,616.64 crore during the January-March quarter of the previous fiscal, Grasim Industries said in a regulatory filing

Grasim tops Hurun sustainability league table on achieving 17 goals in 2021

Tech Mahindra was ranked second with a sustainability score of 46, followed by Tata Power and Wipro

Grasim Industries' net profit jumps 23% to Rs 2,655 cr in Dec quarter

The company had posted a net profit of Rs 2,157.12 crore during the October- December quarter of the previous financial year, Grasim Industries said in a regulatory filing

Demand triggers, expansion to drive growth for Grasim

Deleveraging and traction in paints business key for further gains

Sigachi Industries, which saw bumper listing, bags LoI from Grasim

Sigachi Industries got a bumper listing and secured number one position in 2021 with a gain of 270%

Sensex gains 454pts, Nifty reclaims 17,500; RIL up 6%, ITC, Infy end firm

Latent View Analytics was locked at the 20 per cent upper circuit for the second straight day. The stock has now zoomed 257 per cent from its issue price in just three trading sessions

ACC, Grasim: Cement stocks have more steam left in the short-term

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here

Grasim Q2 net up 41% to Rs 1,359 cr, revenue up 26% to Rs 22,564 cr

Birla co buys land in 5 locations for paint business

Cement stocks firm; ACC, Grasim, UltraTech can rally up to 11%, charts show

The present scenario hints a strong momentum in the cement stocks, wherein shares of ACC, Grasim and UltraTech Cement are claiming new uncharted territory with firm volumes

Top headlines: IPO filing hits century, Grasim gets Rs 8,334 cr tax demand

Millennials becoming largest consumer group for hotels, the hurdles in Adani's green dreams, and other top headlines of the day

Grasim Industries slapped with Rs 8,334-crore income tax demand

The Aditya Birla Group company said it would take "appropriate action" against the order

Grasim Industries gets Rs 8,334-crore income tax demand

Grasim Industries Ltd on Friday said the income tax department has raised a demand of Rs 8,334 crore on the company as capital gains tax with regard to sale of shares in a group firm