Grasim Industries Ltd shares up by 4% on strong outlook

Grasim Industries witness a surge in its stocks with an increase of 66.65 points.

The share price of Grasim Industries has increased by 3.92% and by 66.35 points. The share price of Grasim Industries hit at Rs 1,801.90 per equity share, January 7, 2022, 02: 42 PM IST.

The stocks of Grasim Industries were comparatively very low in the month of December. On December 6, the share price hit at Rs. 1660.75. However, stocks increased with the starting of the new year.

The total revenue of Grasim Industries in the year 2021 was Rs. 77,449.77 Crores with a profit after tax of Rs. 4304.82 crores. Whereas, the net revenue in the year 2020 was estimated to be Rs. 76,109.52 crores with a profit after tax of Rs. 4411.74 crores.

Grasim Industries Limited, a flagship company of the global conglomerate Aditya Birla Group, ranks amongst the top publicly listed companies in India. Grasim Industries deals with the manufacturing of viscose staple fibre, cement, sponge, iron, chemicals and financial services.

Grasim Industries is a leading Indian manufacturing company with a market capitalization of Rs. 1,17,916 crores.

 

 

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