Grasim Industries gains on reporting 34% rise in Q2 consolidated net profit

15 Nov 2023 Evaluate

Grasim Industries is currently trading at Rs. 1950.25, up by 24.00 points or 1.25% from its previous closing of Rs. 1926.25 on the BSE.

The scrip opened at Rs. 1964.80 and has touched a high and low of Rs. 1964.80 and Rs. 1934.10 respectively. So far 6878 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2021.95 on 12-Oct-2023 and a 52 week low of Rs. 1528.00 on 16-Mar-2023.

Last one week high and low of the scrip stood at Rs. 1974.95 and Rs. 1912.10 respectively. The current market cap of the company is Rs. 128038.66 crore.

The promoters holding in the company stood at 42.75%, while Institutions and Non-Institutions held 29.10% and 24.25% respectively. 

Grasim Industries has reported 17.58% fall in its net profit at Rs 794.74 crore for second quarter ended September 30, 2023 as compared to Rs 964.30 crore for the same quarter in the previous year. Total income of the company decreased by 3.98% at Rs 7,202.34 crore for Q2FY24 as compared to Rs 7,500.75 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 34.11% rise in its net profit at Rs 2,024.05 crore for second quarter ended September 30, 2023 as compared to Rs 1,509.19 crore for the same quarter in the previous year. Total income of the company increased by 9.98% at Rs 30505.27 crore for Q2FY24 as compared to Rs 27,737.58 crore for the corresponding quarter previous year.

Grasim Industries Share Price

2189.00 -12.10 (-0.55%)
23-Feb-2024 16:59 View Price Chart
Peers
Company Name CMP
Grasim Industries 2189.00
DCM Shriram 990.55
Birla Corporation 1694.85
Surya Roshni 620.50
Century Textile &Ind 1430.00
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