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Grasim Industries rises on restarting production at Nagda plant

13 Jul 2012 Evaluate

Grasim Industries is currently trading at Rs. 2655.90, up by 10.40 points or 0.39% from its previous closing of Rs. 2645.50 on the BSE.

The scrip opened at Rs. 2650.15 and has touched a high and low of Rs. 2667.50 and Rs. 2650.05 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2924.45 on 21-Feb-2012 and a 52 week low of Rs. 2040.00 on 22-Aug-2011.

Last one week high and low of the scrip stood at Rs. 2696.00 and Rs. 2601.00 respectively. The current market cap of the company is Rs. 24360.35 crore.

The promoters holding in the company stood at 25.55% while Institutions and Non-Institutions held 40.39% and 22.58% respectively. 

Grasim Industries has decided to resume production at its Nagda plant in Madhya Pradesh in a phased manner. Because of water shortage, it suspended production of staple fibre and halved Chlor-Alkali output at the plant last week. As the availability of water has improved, production in the plant is being restarted in a gradual manner.

The company has viscose staple fibre production capacity of 3,33,975 tonnes a year through its three plants. Besides Madhya Pradesh, the company has production facilities at Kharach in Gujarat and Harihar in Karnataka.

Grasim Industries Share Price

2711.25 -34.55 (-1.26%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2711.25
DCM Shriram 1116.45
3M India 31282.10
Hindustan Foods 504.80
Balmer Lawrie & Co 168.20
View more..

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