Grasim Industries is currently trading at Rs 3433.25, up by 53.35 points or 1.58% from its previous closing of Rs. 3379.90 on the BSE.
The scrip opened at Rs. 3396.00 and has touched a high and low of Rs 3449.00 and Rs 3335.00 respectively. So far 38445 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 3755.00 on 09-Jun-2014 and a 52 week low of Rs 2431.70 on 20-Feb-2014.
Last one week high and low of the scrip stood at Rs 3440.00 and Rs 3324.00 respectively. The current market cap of the company is Rs 31301.14 crore.
The promoters holding in the company stood at 25.51% while Institutions and Non-Institutions held 39.22% and 21.08% respectively.
Grasim Industries has registered 27.59% fall in its net profit at Rs 299.41 crore for second quarter ended September 30, 2014 as compared to Rs 413.51 crore for the same quarter in the previous year. However, total income of the company has increased 11.34% at Rs 1811.23 crore for Q2FY15 as compared Rs 1626.79 crore for the corresponding quarter previous year.
On consolidated basis, the company’s net profit for the quarter under review declined 7.54% at Rs 416.38 crore against Rs 450.33 crore in the September quarter of previous fiscal. However, the company’s total income has increased by 15.64% at Rs 8047.91 crore for the quarter from Rs 6959.18 crore in the similar quarter of previous year.
The merger of Gujarat Cement Units of Jaypee Cement Corporation (JCCL) with UltraTech Cement (UltraTech), a subsidiary of the company, has become effective from June 12, 2014 and accordingly the financial results of the acquired units have been included with the UltraTech’s financial results with effect from June 12, 2014. As a result, figures for the quarter and six months ended 30th September, 2014 are strictly not comparable with previous periods.
| Company Name | CMP |
|---|---|
| Grasim Industries | 2493.85 |
| DCM Shriram | 1065.45 |
| Birla Corporation | 1264.35 |
| Surya Roshni | 547.90 |
| 3M India | 30745.80 |
| 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.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
