Grasim Industries strengthens on reporting 17% surge in Q2 consolidated net profit

30 Oct 2015

Grasim Industries is currently trading at Rs. 3715.20, up by 53.90 points or 1.47% from its previous closing of Rs. 3661.30 on the BSE.

The scrip opened at Rs. 3697.00 and has touched a high and low of Rs. 3724.80 and Rs. 3667.85 respectively. So far 871 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. 3304.00 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 3736.75 and Rs. 3624.40 respectively. The current market cap of the company is Rs. 33953.91 crore.

The promoters holding in the company stood at 25.50% while Institutions and Non-Institutions held 40.13% and 20.18% respectively.

The company has reported 12.97% rise its net profit at Rs 338.24 crore for the quarter ended September 30, 2015 as compared to Rs 299.41 crore for the same quarter in the previous year. The company’s total income has increased by 12.90% to Rs 2044.81 crore for the quarter under review from Rs 1811.23 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 17.32% rise in its net profit at Rs 488.50 crore for the quarter ended September 30, 2015 as compared to Rs 416.38 crore for the same quarter in the previous year. Total income of the company has increased by 5.40% at Rs 8479.93 crore for quarter under review as compared to Rs 8045.16 crore for the quarter ended September 30, 2014.


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Grasim Industries Share Price

1338.90 -10.30 (-0.76%) Mar 05, 18:59
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Company Name CMP
Grasim Industries 1338.90
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SRF 5629.45
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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