Grasim Industries Ltd.

Grasim Industries is currently trading at Rs. 831.75, up by 2.20 points or 0.27% from its previous closing of Rs. 829.55 on the BSE.

The scrip opened at Rs. 829.00 and has touched a high and low of Rs. 834.25 and Rs. 824.50 respectively. So far 10877 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1115.00 on 20-Apr-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. 844.35 and Rs. 807.95 respectively. The current market cap of the company is Rs. 54774.66 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 raised funds aggregating to Rs 500 crore through allotment of 5,000, 7.65% fully-Paid Unsecured Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh, on private placement basis. The members of the Stakeholders’ Relationship Committee of the Company at its meeting held on March 26, 2019 has approved and allotted the same.

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.