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Grasim Industries Ltd share price logo

Grasim Industries Ltd Share Price

(GRASIM)

₹2350.71.43%

as on 12:34PM, 16 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

Grasim Industries Ltd Analyst Rating

based on 12 analysts

BUY

58.33%

Buy

25.00%

Hold

16.67%

Sell

Based on 12 analysts offering long term price targets for Grasim Industries Ltd. An average target of ₹2776.75

Source: S&P Global Market Intelligence

Grasim Industries Ltd Share analysis

Grasim Industries Ltd price forecast by 12 analysts

Upside of19.81%

High

₹3100

Target

₹2776.75

Low

₹1830

Grasim Industries Ltd target price ₹2776.75, a slight upside of 19.81% compared to current price of ₹2350.7. According to 12 analysts rating.

Source: S&P Global Market Intelligence

Grasim Industries Ltd Performance

  • Day's Low

    Day's High

    ₹2,313.15
    Day's Price Range
    ₹2,357
  • 52 Week's Low

    52 Week's High

    ₹2,016.55
    52-Week Price Range
    ₹3,61,26,540.89
1 Month Return-13.69 %
3 Month Return-16.16 %
1 Year Return+ 9.57 %
Previous Close₹2,317.55
Open₹2,350.45
Volume5.83L
Upper Circuit-
Lower Circuit-
Market Cap₹1,52,612.91Cr

Grasim Industries Ltd Key Statistics

P/E Ratio34.19
PEG Ratio-1.04
Market Cap₹1,52,612.91 Cr
P/B Ratio2.92
EPS149.48
Dividend Yield0.43
SectorTextiles
ROE2.7

Grasim Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,52,612.91 Cr41.31%0.58₹9,925 Cr₹1,30,978 Cr
HOLD₹91,264.81 Cr1.72%0.54₹2,396 Cr₹20,520 Cr
BUY₹1,27,910.00 Cr29.52%0.51₹4,738 Cr₹33,159 Cr
BUY₹3,03,760.10 Cr27.05%0.57₹7,003 Cr₹70,908 Cr
BUY₹36,987.52 Cr6.18%0.52₹2,336 Cr₹19,958 Cr

About Grasim Industries Ltd

Grasim Industries Ltd. is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra. It was incorporated in 1947 and has diversified business with operations in various areas such as viscose staple fibre, chemicals, cement, sponge iron, and textiles.

Grasim Industries Ltd. is the largest producer of Viscose Staple Fibre in India and the world. It is also one of the largest producers of Cement in India with a capacity of over 20 million tonnes per annum. Grasim's chemical division produces caustic soda, chloromethanes, liquid chlorine, hydrochloric acid and other chemicals. Its textile division manufactures, markets and distributes a wide range of fabrics under the brand name ‘Grasim’.

The company's popular brands include Grasim Suiting, Grasim Shirts, Grasim Home Furnishing, Grasim Towels, Grasim Innerwear, Grasim Footwear, Grasim Jeans, Grasim Kids Wear, Grasim Accessories, Grasim Furniture and Grasim Furnishings.

Share Price: ₹2350.70 per share as on 16 Jan, 2025 12:34 PM
Market Capitalisation: ₹1,52,612.91Cr as of today
Revenue: ₹33,562.85Cr as on September 2024 (Q3 24)
Net Profit: ₹1,100.16Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Kumar Mangalam Birla
OrganisationGrasim Industries Ltd
HeadquartersMumbai
IndustryTextiles
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Key events for Grasim Industries Ltd

  • Chlorine Leak at Grasim Factory Affects Workers - 11 Jan, 2025

    Eighteen workers at Grasim Industries' caustic soda production unit in Uttara Kannada fell sick due to a chlorine leak caused by a technical issue. While all workers are stable, local residents allege negligence by the factory authorities, citing a previous incident involving a worker's death from chemical inhalation.
  • Grasim Industries Receives 'Hold' Rating Amid Challenges - 06 Jan, 2025

    Grasim Industries has been assigned a 'Hold' rating due to mixed financial performance and high debt levels. Despite an 18.58% return over the past year, profits have declined by 26.1%. The stock shows a mildly bullish trend but faces challenges with a high debt-to-EBITDA ratio of 3.41 times. Institutional holdings are strong at 33.36%. Overall, the stock is trading at a discount compared to historical valuations.
  • Grasim Industries Stock Downgraded to 'Sell' - 01 Jan, 2025

    Grasim Industries has been downgraded to a 'Sell' rating due to high debt levels, a significant profit decline of 62.5% in Q3 2024, and low return on equity. Rising interest expenses and a sideways technical trend further indicate financial challenges.
  • Grasim Industries Plans Major Bond Issuance - 18 Dec, 2024

    Grasim Industries aims to raise ₹2,000 crore through 10-year bonds, receiving an AAA rating. The company is expanding into decorative paints and B2B e-commerce, although shares fell 3.1% recently.
  • Investec Raises Concerns Over Paints Sector Competition - 17 Dec, 2024

    Investec has expressed concerns regarding the paints sector, highlighting weak demand and intense competition as challenges for Q3 FY25. While demand remains subdued, there is cautious optimism for a recovery in Q4. The entry of new players like Grasim could significantly impact market leaders such as Asian Paints and Berger Paints.

Insights on Grasim Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 13.69% to 13.78% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.06% to 7.02% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, GRASIM has outperformed top 5 stocks with highest market-cap in Construction Materials

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 43.06% to 43.11% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, UltraTech Cement Ltd has given 38.6% return, outperforming this stock by 15.4%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, GRASIM stock has moved down by -14.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 38.24K Cr → 34.04K Cr (in ₹), with an average decrease of 5.5% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.28% to 22.99% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 1.51K Cr → 389.9 Cr (in ₹), with an average decrease of 29.7% per quarter

News

Market tanks: Sensex plunges 1,049 pts, Nifty ends at 23,085.95

Grasim Industries shed 3.25% after the company informed about a minor process safety incident that occurred at its Karwar plant in Karnataka on 11th January 2025, caused by a technical malfunction due to power tripping.13 Jan, 2025 05:03 PM

Sensex Nosedives 1,049 Points; Nifty Sinks Below 23,100

The company informed about a minor process safety incident that occurred at its Karwar plant in Karnataka on 11th January 2025, caused by a technical malfunction due to power tripping.13 Jan, 2025 03:51 PM

Barometers Hit Fresh Day's Low; European Market Opens Lower

Grasim Industries shed 2.56% after the company informed about a minor process safety incident that occurred at its Karwar plant in Karnataka on 11th January 2025, caused by a technical malfunction due to power tripping.13 Jan, 2025 01:34 PM
View More

Grasim Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹30,220.68Cr (-)₹31,965.48Cr (↑5.77%)₹37,727.13Cr (↑18.02%)₹33,860.75Cr (↓10.25%)₹33,562.85Cr (↓0.88%)
Net Income₹2,024.05Cr (-)₹2,603.43Cr (↑28.62%)₹2,721.81Cr (↑4.55%)₹2,267.74Cr (↓16.68%)₹1,100.16Cr (↓51.49%)
Net Profit Margin6.70% (-)8.14% (↑21.49%)7.21% (↓11.43%)6.70% (↓7.07%)3.28% (↓51.04%)
Value in ₹ crore
Details2021202220232024
Total Assets₹54,944.76Cr (-)₹62,847.53Cr (↑14.38%)₹62,331.60Cr (↓0.82%)₹74,227.90Cr (↑19.09%)
Total Liabilities₹11,996.90Cr (-)₹14,231.74Cr (↑18.63%)₹15,376.67Cr (↑8.04%)₹22,113.31Cr (↑43.81%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹3,315.03Cr (-)₹2,402.34Cr (↓27.53%)₹2,656.24Cr (↑10.57%)₹2,318.83Cr (↓12.70%)₹1,777.59Cr (↓23.34%)

Index Inclusions

Nifty50 Value 20

₹13,272.15

-0.02 (-3.2%)

S&P BSE 100 ESG

₹385.27

0.53 (2.02%)

Nifty 200

₹13,060.00

0.65 (84.6%)

BSE 500

₹34,115.08

0.7 (237.53%)

BSE 200

₹10,650.43

0.63 (66.78%)

NIFTY 50

₹23,306.55

0.4 (93.35%)

Nifty LargeMidcap 250

₹15,179.65

0.78 (116.9%)

BSE MFG

₹977.42

0.32 (3.13%)

S&P BSE Dividend Stability

₹966.62

0.35 (3.35%)

Nifty Infra

₹8,297.45

0.96 (79.2%)

NIFTY 100

₹23,973.90

0.56 (134.65%)

S&P BSE 100 LargeCap TMC

₹8,644.64

0.57 (48.87%)

S&P BSE Enhanced Value

₹863.29

1.3 (11.06%)

S&P BSE Largecap

₹9,006.33

0.59 (52.5%)

Nifty 500

₹21,700.95

0.69 (149.75%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty100 Eq Weig

₹30,464.00

0.95 (285.5%)

S&P BSE 250 LargeMidCap

₹10,098.04

0.64 (64.34%)

Nifty Commodities

₹7,993.45

1.15 (90.55%)

S&P BSE Commodities

₹6,968.61

1.33 (91.71%)

S&P BSE Low Volatility

₹1,725.64

-0.05 (-0.83%)

BSE 100

₹24,520.90

0.55 (135%)

S&P BSE SENSEX 50

₹24,451.26

0.37 (90.72%)

Grasim Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.11%
0.13
Foreign Institutions
13.78%
0.65
Mutual Funds
7.02%
15.92
Retail Investors
22.99%
-1.23
Others
13.09%
-5.92

Grasim Industries Ltd Key Indicators

Details20202021202220232024
Return On Equity %3.812.056.514.442.7
Details20202021202220232024
Return On Assets %8.857.8312.0110.957.58
Details20202021202220232024
Book Value Per Share (₹)857.4991.191145.191191.061335.08
Details20202021202220232024
Earning Per Share (₹)100.51105.74169.54167.58149.48

Grasim Industries Ltd Valuation

Grasim Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (6.49x)

March 24, 2020

Today (34.19x)

January 15, 2025

Industry (69.28x)

January 15, 2025

Highest (70.33x)

October 1, 2018

LowHigh

Grasim Industries Ltd Earnings and Dividends

  • Grasim Industries Ltd Earnings Results

    Grasim Industries Ltd’s net profit fell -66.5% since last year same period to ₹389.90Cr in the Q2 2024-2025. On a quarterly growth basis, Grasim Industries Ltd has generated -67.72% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Grasim Industries Ltd Dividends May,2024

    In the quarter ending March 2024, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.86%.

    Read More about Dividends

Grasim Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Grasim Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Grasim Industries Ltd (GRASIM) share price today is ₹2350.7

Grasim Industries Ltd is listed on NSE

Grasim Industries Ltd is listed on BSE

  • Today’s highest price of Grasim Industries Ltd is ₹2357.
  • Today’s lowest price of Grasim Industries Ltd is ₹2313.15.

PE Ratio of Grasim Industries Ltd is 34.19

PE ratio = Grasim Industries Ltd Market price per share / Grasim Industries Ltd Earnings per share

Today’s traded volume of Grasim Industries Ltd(GRASIM) is 5.83L.

Today’s market capitalisation of Grasim Industries Ltd(GRASIM) is ₹152612.91Cr.

Grasim Industries Ltd(GRASIMPrice
52 Week High
₹36126540.89
52 Week Low
₹2016.55

Grasim Industries Ltd(GRASIM) share price is ₹2350.7. It is down -99.99% from its 52 Week High price of ₹36126540.89

Grasim Industries Ltd(GRASIM) share price is ₹2350.7. It is up 16.57% from its 52 Week Low price of ₹2016.55

Grasim Industries Ltd(GRASIMReturns
1 Day Returns
33.15%
1 Month Returns
-13.69%
3 Month Returns
-16.16%
1 Year Returns
9.57%