Grasim Industries falls despite reporting 28% rise in Q1 consolidated net profit

16 Aug 2019

Grasim Industries is currently trading at Rs. 729.00, down by 5.65 points or 0.77% from its previous closing of Rs. 734.65 on the BSE.

The scrip opened at Rs. 729.00 and has touched a high and low of Rs. 734.75 and Rs. 719.15 respectively. So far 19556 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1091.65 on 27-Aug-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. 766.30 and Rs. 706.10 respectively. The current market cap of the company is Rs. 47956.78 crore.

The promoters holding in the company stood at 40.15%, while Institutions and Non-Institutions held 39.34% and 18.02% respectively.

The company has reported a fall of 68.61% in its net profit at Rs 201.70 crore for first quarter ended June 30, 2019 as compared to Rs 642.55 crore for the same quarter in the previous year. However, total income of the company increased by 4.07% at Rs 5,085.26 crore for Q1FY20 as compared Rs 4,886.26 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 27.64% in its net profit at Rs 1,786.37 crore for the quarter under review as compared to Rs 1,399.51 crore for the same quarter in the previous year. Total income of the company increased by 12.72% at Rs 19,091.85 crore for Q1FY20 as compared Rs 16,937.33 crore for the corresponding quarter previous year.

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Grasim Industries Share Price

1344.70 5.80 (0.43%) Mar 08, 18:37
1 Year Price Chart
Peers
Company Name CMP
Grasim Industries 1344.70
DCM Shriram 555.15
SRF 5658.25
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Sensex vs Grasim Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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