Grasim Industries is currently trading at Rs. 3686.85, up by 35.90 points or 0.98% from its previous closing of Rs. 3650.95 on the BSE.
The scrip opened at Rs. 3632.00 and has touched a high and low of Rs. 3686.85 and Rs. 3600.00 respectively. So far 1909 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4023.60 on 03-Mar-2015 and a 52 week low of Rs. 2586.00 on 02-May-2014.
Last one week high and low of the scrip stood at Rs. 3827.00 and Rs. 3632.85 respectively. The current market cap of the company is Rs. 33689.09 crore.
The promoters holding in the company stood at 25.51% while Institutions and Non-Institutions held 39.76% and 20.26% respectively.
Grasim Industries has entered into retailing women garments made of viscose staple fibre. In this regard, the company’s subsidiary, Birla Cellulose has launched the garment brand Liva, which will be available at 1,000 outlets across 50 cities.
The launch comes as the company completed the last phase of its greenfield VSF plant of 1.20 lakh tonnes a year at Vilayat (Gujarat) earlier this month.
The Liva garments, targeting high-end young consumers, will be available at retail outlets of Van Heusen women, Allen Solly women, Global Desi, Chemistry, F-109, Pantaloons and Lifestyle.
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 | 2493.85 |
| DCM Shriram | 1065.45 |
| Birla Corporation | 1264.35 |
| Surya Roshni | 547.90 |
| 3M India | 30745.80 |
| View more.. | |
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