Grasim Industries gains on reporting 50% rise in Q2 consolidated net profit

28 Oct 2016

Grasim Industries is currently trading at Rs. 973.95, up by 16.75 points or 1.75% from its previous closing of Rs. 957.20 on the BSE.

The scrip opened at Rs. 969.70 and has touched a high and low of Rs. 980.90 and Rs. 952.95 respectively. So far 1,01,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1069.70 on 05-Aug-2016 and a 52 week low of Rs. 648.41 on 26-Feb-2016.

Last one week high and low of the scrip stood at Rs. 986.70 and Rs. 952.95 respectively. The current market cap of the company is Rs. 45,462.43 crore.

The promoters holding in the company stood at 31.28%, while Institutions and Non-Institutions held 41.35% and 22.07% respectively.

The company has reported 55.23% rise in its net profit of Rs 592.27 crore for second quarter ended September 30, 2016 as compared to Rs 381.54 crore for the same quarter in the previous year. Total income of the company increased by 20.02% at Rs 3079.40 crore for the quarter under review as compared Rs 2565.79 crore for the corresponding quarter previous year.     

On the consolidated basis, the company has reported 50.40% rise in its net profit of Rs 845.96 crore for the quarter ended September 30, 2016 as compared to Rs 562.48 crore for the same quarter in the previous year. Total Income of the company has increased by 3.82% to Rs 9668.55 crore for the quarter under review from Rs 9312.93 crore for the quarter ended September 30, 2015.



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Grasim Industries Share Price

1349.20 30.75 (2.33%) Mar 04, 18:59
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Company Name CMP
Grasim Industries 1349.20
DCM Shriram 545.00
SRF 5710.80
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Prism Johnson 112.75
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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