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Grasim Industries News
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.
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.
Grasim Industries, UCO Bank, Larsen & Turbo, Strides Pharma to Cadila - here are top Buzzing Stocks today
Mon, Jan 25, 2021
After fluctuating between gains and losses in the noon deals amid volatility on Monday, the domestic benchmarks were trading with minor losses.
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.
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.
Technical Analysis - ICICI Bank, HDFC Bank, Pidilite Industries, Grasim Industries
Thu, Oct 08, 2020
Stock market: ICICI Bank, HDFC Bank, Pidilite Industries to Grasim Industries, what experts have said.
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
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
Grasim Ind Q4 net profit at Rs 1,531.86 cr; plans Rs 6,454 cr capex in three years
Fri, May 24, 2019
Grasim Ind Q4 result: Revenue from operations during the quarter under review stood at Rs 20,965.25 crore. It was at Rs 17,363.24 crore in the corresponding period of the previous fiscal.
VSF, chemical businesses will help maintain growth momentum: Dilip Gaur, MD, Grasim
Thu, Aug 16, 2018
Sushil Agarwal, Group Chief Financial Officer, Aditya Birla Group, and Dilip Gaur, Managing Director (Grasim), Aditya Birla Group, in an exclusive interview with Zee Business, said Viscose Staple Fiber (VSF) and Chemicals are two major drivers that will help the company to maintain its growth momentum in future.
Jhunjhunwala's favourite stock to be included in Nifty50
Thu, Feb 22, 2018
Bajaj Finserv, Grasim Industries and Titan Company will replace Ambuja Cements, Aurobindo Pharma and Bosch
Grasim gets green nod for Rs 2,560-cr expansion project
Sun, Jan 21, 2018
Union environment ministry, in a letter, has said it has given the environment clearance to the company's proposal on expansion of Vilayat unit
Aditya Birla Nuvo-Grasim merger: Stock down 20% as shareholders vent their anger at a raw deal
Fri, Aug 12, 2016
Total consolidated income of the company also rose by 9% to Rs 9,088.55 crore in April-June quarter from Rs 8,365.70 crore during the same quarter in 2015-16.
Aditya Birla's Grasim Q4 net profit jumps 40% to Rs 724 crore
Sat, May 07, 2016
The board approved Rs 513 crore for brownfield expansion of caustic soda capacity at Vilayat plant.