Page 8 - Grasim Industries
Grasim Industries gains after inclusion in MSCI India index
The stock rallied 5% to Rs 1,024 on the BSE in intra-day trade.
 "Grasim Industries gains after inclusion in MSCI India index")
Grasim Industries Q3 net up 14% to Rs 728 cr
Aditya Birla Group firm Grasim Industries Ltd today posted an increase of 13.69 per cent in its consolidated net profit at Rs 728.19 crore for the third quarter ended December. Net profit stood at Rs 640.47 crore in October-December a year ago, Grasim Industries said in a filing to BSE. Its consolidated total income from operations was up marginally by 0.84 per cent at Rs 9,577.02 crore during the quarter under review as against Rs 9,496.84 crore in the same period last fiscal. "Grasim has reported improved profitability for the quarter ended December 31, 2016... Ebitda at Rs 1,878 crore was up by 7 per cent driven by the performance from VSF and cement businesses," the company said in a statement. Grasim Industries' total expenses came down marginally by 0.15 per cent to Rs 8,315.27 crore as against Rs 8,327.81 crore. Its revenue from viscose staple fiber division was up 9.83 per cent at Rs 1,902.92 crore as against Rs 1,732.51 crore. Its cement revenue was down 1.50 per cen
 "Grasim Industries Q3 net up 14% to Rs 728 cr")
Grasim Industries trades ex-stock split; rises 2%
The stock turned ex-stock split in the ratio of 5:1 i.e. sub-division of equity share from Rs 10 to Rs 2 each
 "Grasim Industries trades ex-stock split; rises 2%")
Grasim Industries, Biocon, Yes Bank, Zee Entertainment hit 52-week highs
Atul, Store One Retail and DCM Shriram are among others hit 52-week highs in intra-day trade.
 "Grasim Industries, Biocon, Yes Bank, Zee Entertainment hit 52-week highs")