Mon, Aug 12, 2024
The benchmark indexes Sensex and Nifty regained all of their early losses and were trading higher in the afternoon on Monday, August 12 buoyed by favourable global equity trends and fresh foreign capital inflows.
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Fri, Aug 09, 2024
Grasim Industries shares are trading higher ahead of its Q1 results due to be revealed later today.
Tue, May 21, 2024
Grasim Industries, the Nifty 50 constituent company, is slated to report its Q4 earnings on Wednesday. The company's margins during the reporting period are seen to log 150 bps improvement YoY.
Wed, May 25, 2022
Grasim Industries and Metropolis Healthcare fell up to six per cent in Wednesday's intraday trade, a day after they came up with the results for the quarter ended March 31, 2022, on Tuesday
Tue, May 24, 2022
Grasim Industries Q4 results 2022: Aditya Birla Group firm Grasim Industries Limited on Tuesday reported a 55.56 per cent increase in its consolidated net profit at Rs 4,070.46 crore for the fourth quarter ended March 31, 2022
Fri, Nov 12, 2021
The company’s topline and bottomline posted double-digit growth. However, the margins witnessed pressure during the quarter.
Thu, Aug 12, 2021
Competition Commission has directed Grasim Industries to cease and desist from indulging in unfair business practices after it found the company abused its dominant position with respect to the supply of certain staple fibre.
Tue, May 25, 2021
Sharekhan says that Grasim Industries presented restated numbers including the financials of wholly-owned subsidiary Grasim Premium Fabric as an effect of amalgamation w.e.f. appointed date April 1, 2019 in its textile division. Standalone net sales rose 18.4% yoy (up 18.9% yoy) at Rs. 4,394 crore led by strong rise in both Viscose (up 22.9% yoy) and chemical (up 14.1% yoy) revenues. The other businesses (textile and insulator) saw a 1.7% yoy rise
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.
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.
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.
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.
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.
Thu, Oct 08, 2020
Stock market: ICICI Bank, HDFC Bank, Pidilite Industries to Grasim Industries, what experts have said.
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
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
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.
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.
Thu, Feb 22, 2018
Bajaj Finserv, Grasim Industries and Titan Company will replace Ambuja Cements, Aurobindo Pharma and Bosch
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
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.
Sat, May 07, 2016
The board approved Rs 513 crore for brownfield expansion of caustic soda capacity at Vilayat plant.
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