Grasim Industries Limited saw a notable drop in its share price by 3.18%, trading at ₹2,613.10, down from the previous close of ₹2,698.90. This decline led to a market capitalization loss of approximately ₹5,482 crore, bringing the company’s total market cap down to around ₹1,72,067 crore.
The stock’s recent performance reflects the challenges faced in the cement and cement products sector, with various macroeconomic factors impacting investor sentiment. Despite the downturn, Grasim remains a leading player in the Indian market, continuously working on expansions and innovation within its core industries.
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