Grasim Industries is currently trading at Rs. 817.35, up by 9.00 points or 1.11% from its previous closing of Rs. 808.35 on the BSE.
The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 821.65 and Rs. 814.00 respectively. So far 11695 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1160.60 on 06-Mar-2018 and a 52 week low of Rs. 688.65 on 15-Feb-2019.
Last one week high and low of the scrip stood at Rs. 821.65 and Rs. 773.45 respectively. The current market cap of the company is Rs. 53788.26 crore.
The promoters holding in the company stood at 40.16%, while Institutions and Non-Institutions held 38.94% and 18.07% respectively.
Grasim Industries has signed an agreement to acquire 100% equity shareholding of Soktas India (SIPL), from its current promoters, for an enterprise value of Rs 165 crore. The transaction will be funded by the company primarily out of internal accruals. SIPL will become a wholly owned subsidiary of Grasim Industries upon completion of the transaction.
SIPL is in the business of manufacturing and the distribution of premium cotton fabrics. Its state-of-the-art manufacturing facility is located at Kolhapur, in state of Maharashtra. Its plant capacity is about 10 million metres per annum of finished fabric.
Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise viscose staple fibre, cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2373.05 |
| DCM Shriram | 998.75 |
| Birla Corporation | 1532.55 |
| Surya Roshni | 640.00 |
| Century Textile &Ind | 1979.15 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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