Grasim Industries Ltd., incorporated in the year 1947, is a Large Cap company (having a market cap of Rs 80092.38 Crore) operating in Diversified sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 18400.25 Crore, up 35.09 % from last quarter Sales of Rs 13621.10 Crore and down -.16 % from last year same quarter Sales of Rs 18430.27 Crore Company reported net profit after tax of Rs 1502.81 Crore in latest quarter.
Investment Rationale
Price in strong up trend trading in a rising channel forming higher high-low in all time frame
Promoter/FII Holdings
Promoters held 40.9 per cent stake in the company as of Sept 30, 2020, while FIIs held 12.6 per cent, DIIs 20.3 per cent and public and others 26.3 per cent.
