Grasim Industries
Grasim Industries share price: Sharekhan retains Buy rating with a revised price target of Rs 1680
Tue, Mar 16, 2021
Grasim Industries is expected to benefit from continued uptick seen in VSF prices in the current quarter. It has also identified a manufacturing plant for its paints business. VSF prices have increased by 88% from their historic low of RMB 8300/tonne in August 2020 to now RMB 15,600, led by strong demand in the Chinese textile market.
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Grasim Share price today: Sharekhan retains Buy rating with a revised price target of Rs 1430
Mon, Feb 15, 2021
Grasim Industries reported better than expected standalone operational performance for Q3 FY21 led by strong OPM for its Viscose business led by higher realization, lower fixed costs and input cost benefits. Grasim Industries presented restated numbers excluding fertilizer business (under process of transferring the business post the sale agreement in November 2020) for Q3 FY21 and previous periods.
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Grasim Industries Share Price II Details decoded by Nirmal Bang
Mon, Jan 25, 2021
Nirmal Bang Securities highlights that the business update given by Grasim Industries is a long term positive for the company. Grasim Industries is looking to be the second largest player in the high growing paint industry. The commitment of Rs 5000 cr capex in next 3 year indicates Grasim Aggressiveness to capture the market. The company has a long history of successfully incubating newer businesses.
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Grasim share price: Kotak maintains Add rating as quarterly numbers much ahead of estimates
Tue, Nov 17, 2020
Capacity expansion provides growth visibility whereas capital allocation discipline should reduce holding company discount, currently at 55%. The Chinese VSF industry is showing signs of improvement with higher demand, lower inventory and stronger prices. Margins should expand in the second half of FY21 further led by higher prices.
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Stocks in Focus on August 13: Tata Power, Ashok Leyland to Hindalco; here are the 5 Newsmakers of the Day
Thu, Aug 13, 2020
Benchmark domestic stocks on Wednesday, August 12, 2020, closed with marginal losses amid mixed global cues. The barometer index, the S&P BSE Sensex fell 37.38 points or 0.10% at 38,369.63. The Nifty 50 index declined 14.10 points or 0.12% at 11,308.40. But certain stocks came in news after the market was closed
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Analyst Sanjiv Bhasin’s top picks for today: Buy Grasim Industries, Federal Bank
Wed, Aug 05, 2020
Market expert Sanjiv Bhasin today said that emerging markets were showing strength owing to weak dollar, though the overall market situation was irrational. In his chat with Zee Business Managing Editor and market guru Anil Singhvi, the IIFL Securities Director, however, showed confidence on Nifty saying that it will likely test 11,300 levels
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