Grasim

Inventory market replace: Prime gainers / losers at this time; Reliance Industries, Bharti Airtel, Ultratech Cement, Grasim amongst high gainers

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BSE Sensex climbed 620.73 pts or 0.80 per cent to shut at 78,674.25 on Wednesday, and Nifty 50 was up 147.50 pts or 0.62 per cent to shut at 23,868.80. Commenting on nifty outlook, Shrikant Chouhan, Head Fairness Analysis, Kotak Securities, mentioned, “Technically, after muted opening market efficiently cleared the short-term resistance of 23750/78250 and put … Read more

India Inc Steadiness sheet is nicely balanced

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After registering a number of index highs, India Inc bears the load of excessive expectations. From margin growth to a number of growth, the benchmark index at present ranges is baking in a close to blue-sky situation. Whereas income and earnings development potential are repeatedly scrutinised, what flies below the radar is the steadiness sheet … Read more

Grasim Industries: Must you subscribe to the rights subject?

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Grasim, the flagship holding firm of Aditya Birla Group, has introduced a rights subject to lift ₹4,000 crore, which is a 3.4 per cent dilution. The cements-to-finance holding entity has a viscose yarn and chemical substances enterprise within the standalone operation and is taking a look at bold paints enterprise growth, inside the standalone entity. … Read more