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Grasim Industries is currently trading at Rs 3,310.00, down by 0.60 points or 0.02% from its previous closing of Rs 3309.40 on the BSE.
The scrip opened at Rs 3300.00 and has touched a high and low of Rs 3360.00 and Rs 3290.00 respectively. So far 6951 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 3436.00 on 04-Oct-2012 and a 52 week low of Rs 2207.65 on 24-Nov-2011.
Last one week high and low of the scrip stood at Rs 3436.00 and Rs 3260.00 respectively. The current market cap of the company is Rs 30294.60 crore.
The promoters holding in the company stood at 25.54% while Institutions and Non-Institutions held 40.29% and 22.31% respectively.
Credit rating agency, CARE has reaffirmed AAA rating to Rs 1600 crore long term bank facilities of Grasim Industries. The rating agency has also reaffirmed A1+ rating to Rs 400 crore short-term bank facilities of the company.
The company has received the said ratings re-affirmation on the back of its resourceful promoter group, established track record, reputed brand image, the company’s leadership position and cost competitiveness in its core businesses - Viscose Staple Fibre (VSF) & Cement.
Grasim Industries is the flagship company of the Aditya Birla Group. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90 per cent of its revenues and operating profits.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2441.70 |
| DCM Shriram | 990.45 |
| Birla Corporation | 1440.50 |
| Surya Roshni | 577.65 |
| Century Textile &Ind | 2146.00 |
| 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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