Grasim Industries is currently trading at Rs. 3666.15, up by 24.10 points or 0.66% from its previous closing of Rs. 3642.05 on the BSE.
The scrip opened at Rs. 3650.00 and has touched a high and low of Rs. 3666.15 and Rs. 3650.00 respectively. So far 217 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4023.60 on 03-Mar-2015 and a 52 week low of Rs. 2920.60 on 23-May-2014.
Last one week high and low of the scrip stood at Rs. 3696.25 and Rs. 3536.00 respectively. The current market cap of the company is Rs. 33453.12 crore.
The promoters holding in the company stood at 25.51% while Institutions and Non-Institutions held 39.76% and 20.26% respectively.
Grasim Industries has signed a Business Transfer Agreement (BTA) with Future Consumer Enterprise (FCEL) for the sale of its Consumer Products Division, on a slump sale basis. The transaction is expected to be completed in June, 2015. Axis Capital acted as Advisor to the transaction.
The Division is presently engaged in the manufacture of face care wipe, baby wipes and other products in Baby/House care segments and for the Financial year 2014-15, its Net Sales was at Rs 9.52 crore, against the total Net Sales of Rs 6,252.34 crore at standalone level and Rs 32,437.63 crore at consolidated level.
Grasim Industries is the flagship company of the Aditya Birla Group. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90 per cent of its revenues and operating profits.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2319.60 |
| DCM Shriram | 980.35 |
| Birla Corporation | 1410.80 |
| Surya Roshni | 580.40 |
| Century Textile &Ind | 2021.65 |
| View more.. | |
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