Grasim Industries is currently buying and selling at Rs. 703.40, up by means of 3.20 factors or zero.46% from its previous closing of Rs. Seven-hundred.20 at the BSE.

The scrip opened at Rs. 703.00 and has touched a excessive and coffee of Rs. 708.00 and Rs. 697.20 respectively. So far 11285 shares had been traded at the counter.

The BSE group ‘A’ inventory of face value Rs. 2 has touched a fifty two week high of Rs. 1201.00 on 27-Feb-2018 and a 52 week low of Rs. 688.Sixty five on 15-Feb-2019.

Last one week high and occasional of the scrip stood at Rs. 726.90 and Rs. 688.65 respectively. The cutting-edge market cap of the corporation is Rs. 46045.04 crore.

The promoters holding inside the business enterprise stood at forty.Sixteen% even as Institutions and Non-Institutions held 38.94% and 18.07% respectively.

Grasim Industries has a definitive settlement to acquire the Chlor-Alkali Business (CAB) of KPR Industries (India) by using way of a slump sale, for a coins consideration of Rs 253 crore. The transaction will be funded via inner accruals.

KPR would in turn make use of Rs 253 crore in the direction of a complete and final agreement of the lenders’ dues beneath a One-Time Settlement. The Business includes an below-creation 200 TPD Chlor-Alkali project at Balabhadrapuram inside the kingdom of Andhra Pradesh. Grasim might take over the property and recognized liabilities related to the Chlor-Alkali Business.