This Aditya Birla Group stock jumps from 52-week low to 52 week high in just 60 days - Do you own?

Aditya Birla Group flagship holding firm Grasim Industries reported a 27.9 per cent rise in consolidated net profit for the March quarter of FY26, supported by growth in its building materials, financial services and cellulosic fibres businesses.

The company posted a consolidated net profit of Rs 3,802.23 crore for the January-March quarter, compared with Rs 2,973.26 crore in the corresponding period last year.

Revenue from operations rose 15.43 per cent to Rs 51,101.11 crore in the March quarter of FY26 from Rs 44,267.20 crore a year ago. Total expenses during the quarter increased 13.55 per cent to Rs 46,281.78 crore.

Total income, including other income, stood at Rs 51,328.60 crore in the fourth quarter, up 14.9 per cent year-on-year.

Grasim Industries FY26 Results

For the full financial year 2025-26, Grasim Industries reported a 32.8 per cent increase in consolidated net profit to Rs 10,300.29 crore, compared with Rs 7,756.33 crore in FY25. Total consolidated income for FY26 rose 17.8 per cent to Rs 1,76,610.80 crore.

Grasim Industries is the holding company for several Aditya Birla Group companies, including UltraTech Cement, Aditya Birla Capital and Aditya Birla Renewables.

The company said standalone capital expenditure during FY26 stood at Rs 1,980 crore.

Grasim Industries Dividend

In a separate filing, the company said its board recommended a dividend of 500 per cent, or Rs 10 per equity share of face value Rs 2 each, for the financial year ended March 31, 2026.

Grasim Industries Share Price Target

Brokerages maintained positive views on the stock after the quarterly results. JP Morgan maintained its “Overweight” rating and raised the target price to Rs 3,460 from Rs 3,180. The revised target implies an upside of around 12 per cent from the current market price of Rs 3,090.90.

Jefferies maintained its “Buy” rating and increased the target price to Rs 3,600 from Rs 3,400. The target indicates an upside of around 16.5 per cent. Citi also maintained its “Buy” rating and raised the target price to Rs 3,600 from Rs 3,450, implying an upside of around 16.5 per cent from the current level.

Motilal Oswal Financial Services maintained its “Buy” rating with a target price of Rs 3,440, indicating an upside of around 11.3 per cent.

Motilal Oswal said the company’s operating performance in the March quarter was above estimates, supported by performance across key segments. The brokerage said EBITDA increased around 2.5 times year-on-year to Rs 540 crore, while operating profit margin rose to 4.6 per cent.

The brokerage said the paints business continued to scale up. It noted that Birla Opus expanded its revenue market share by 3.7 percentage points to cross 10 per cent in March 2026. According to the brokerage, growth was supported by expansion in distribution, with presence across more than 50,000 dealers and 11,500 towns.

The brokerage said dealers associated with the company for more than 18 months were reporting improved throughput levels. It added that the company expects the paint industry to move from single-digit growth in FY26 to double-digit growth in FY27.

Motilal Oswal also said margin expansion in viscose staple fibre (VSF) and volume growth in chemicals supported performance. It added that the company expects improvement in margins through operating leverage, procurement efficiencies and scale benefits.

The brokerage said Grasim aims to build a Rs 10,000 crore profitable paints business by FY28. It also noted improvement in VSF prices, which could support margins in the coming quarters.

Grasim Industries Share Price Today

Shares of Grasim Industries were trading at Rs 3,090.90 on May 21, 2026, up Rs 119.80 or 4.03 per cent. During the session, the stock also touched its 52-week high of Rs 3,098.30.

The stock has recovered around 23.8 per cent in nearly two months from its 52-week low of Rs 2,502.50 touched on March 23, 2026.

Grasim Industries is part of the Nifty 50 index and operates in the cement and cement products industry. The company’s market capitalisation stood at Rs 2,10,316.15 crore.

Grasim Industries Share Price History

The stock has gained 4.98 per cent in the last week, compared with a 0.42 per cent rise in the Nifty 50 index. In the last month, the stock rose 11.07 per cent, while the benchmark index declined 3.20 per cent.

On a year-to-date basis, the stock has gained 8.18 per cent against a 9.02 per cent decline in the Nifty 50. Over one year, the stock rose 13.97 per cent, while the index fell 4.13 per cent.

Over three years, the stock has gained 79.77 per cent compared with a 30.69 per cent rise in the Nifty 50. Over five years, the stock has risen 124.89 per cent, while the benchmark index gained 56.76 per cent.