Grasim Industries advances on reporting 25% upward thrust in Q1 consolidated net earnings

Grasim Industries advances on reporting 25% upward thrust in Q1 consolidated net earnings

by admin- Thursday, August 16th, 2018 04:51:33 PM

Grasim Industries is currently trading at Rs. 992.Forty five, up by using four.35 points or zero.Forty four% from its previous ultimate of Rs. 988.10 at the BSE.

The scrip opened at Rs. 982.00 and has touched a excessive and low of Rs. 1002.Eighty and Rs. 982.00 respectively. So a ways 8681 shares had been traded at the counter.

The BSE group ‘A’ inventory of face value Rs. 2 has touched a 52 week excessive of Rs. 1299.90 on 03-Nov-2017 and a fifty two week low of Rs. 915.00 on 16-Jul-2018.

Last one week excessive and coffee of the scrip stood at Rs. 1014.25 and Rs. 957.90 respectively. The cutting-edge market cap of the corporation is Rs. 64975.31 crore.

The promoters maintaining within the organization stood at forty.09%, at the same time as Institutions and Non-Institutions held forty.00% and sixteen.69% respectively.

Grasim Industries has stated a upward push of eighty five.07% in its net earnings of Rs 642.Fifty five crore for the quarter ended June 30, 2018 compared to Rs 347.19 crore for the equal sector within the preceding 12 months. Total earnings of the agency extended by way of 60.89% at Rs four,910.88 crore for Q1FY19 as compared Rs three,052.34 crore for the corresponding area preceding 12 months.

On the consolidated basis, the company has said a upward push of 25.34% in its net earnings of Rs 1,116.07 crore for the region ended June 30, 2018 in comparison to Rs 890.45 crore for the same region in the previous yr. Total earnings of the organisation extended with the aid of 52.28% at Rs 17,089.65 crore for Q1FY19 as compared Rs 11,222.17 crore for the corresponding quarter previous yr.

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