Grasim Industries Ltd share Price

Grasim Industries Ltd is in the Textiles sector is having a market capitalization worth Rs. 95,549.64 crores, it is incorporated in the year 1947. It has reported consolidated sales of Rs. 19,919.40 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500300, and also listed on the National Stock Exchange (NSE) with the code GRASIM.

Grasim Industries is under the management of Aditya Birla Group. Grasim deals in products like viscose, chloralkali, and textiles. Grasim has four fibre plants, one pulp plant, and two manufacturing plants for Viscose and related products. Grasim also produces Chlor Alkali at eight different manufacturing locations in the country. Grasim also produces linen and wool from its two manufacturing units under the textile segment. Grasim Industries has incurred an expenditure of nearly Rs. 84.66 crores towards its CSR requirements. UltraTech Cement, India's leading cement manufacturer, is a subsidiary of Grasim Industries, along with Aditya Birla Capital (an asset management company) and Aditya Birla Renewables. Grasim Industries has a strong workforce of 23,561 employees. The promoters of the company own 42.09% of the stake, Foreign Institutional Investors (FII) own 15.1% stake in the company, Domestic Institutional Investors (DII) own 15.99% stake in the company, and others (such as public & retail investors) hold the balance of 26.82%.

In June 2021, quarterly net revenue was Rs. 3,762.68 crores, which has increased by approximately 181.71 % from Rs. 1,335.68 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 481.59 crores, which has improved and increased by nearly 270.21% from a net loss of Rs. 282.94 crores in June 2020. In June 2021, the reported operating profit was at Rs. 3,343.28 crores, which is increased by 207.98% as compared to an operating profit of Rs. 1,085.56 crores for the quarter ending in June 2020. From a negative EPS of Rs. 4.31 in June 2020, the EPS of Grasim Industries Ltd has recovered and reached an EPS of Rs. 7.33 per share in June 2021. GARASIM's stock closed at Rs. 1,439.65 on 26th August’2021 (NSE). Grasim Industries Ltd has returned 20.92% in the last six months and returned 111.95% positively in the previous year.