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15% Return In 1 Month; Buy This Stock In The Bullish Market And Hold 4-5 Days

Stocks to Buy: The Indian market for stocks began trading on Wednesday (May 10th). In the current bull market, the brokerage company has made the cement sector firm Grasim Industries Ltd (NSE: GRASIM) an investment opportunity for the near term.

Brokerage has suggested that investment in Grasim Industries Ltd with a 3 to 5-day perspective.

NSE Nifty again saw a record rise on Wednesday for the domestic stock markets. The index opened at a record high of 24,459, but the entire market saw a flat opening. 

Sensex opened on a rise but then fell by more than 100 points and was trading above 80,200. Stocks like Grasim Industries Ltd, Maruti Suzuki, Nestle, and Adani Ports had gained.

Grasim: A Good Profit Within 2 To 3 Days

A brokerage company has made Grasim the technical choice. The stock target for the next three days may reach at Rs 2,900.

On the 9th July 2024, the share price was Rs 2,761. This way, the price could rise 5 to 6 percent above its current price.

Grasim: Stocks Jumped 15 % In Just One Month

In the bullish market, trading started with a slight rise in Grasim Industries Ltd on Wednesday. The return on the stock has been around 60 percent in the last year. 

The stock’s return is around 60 % over the last year. The stock has jumped about 21 percent in 3 months and 15 percent in 1 month. 

The 52-week high of this stock at BSE has been 2,811.05 and the low is 1,736.28. The market capitalization of the business is more than 1.80 lakh crore rupees.

Grasim Industries Ltd Stock Performance

Current Price₹ 2,765
52-wk High₹ 2,851 
52-wk Low₹ 1,737
5 Days Return1.18%
1 Month Return13.64%

Key Fundamentals Parameters

Market Cap₹ 1,82,099 Cr.
Stock P/E31.1
Book Value₹ 1,346
Dividend0.36 %
ROCE9.38 %
ROE7.00 %
Face Value₹ 2.00
P/B Value2.07
OPM20.8 %
EPS₹ 85.4
Debt₹ 1,37,155 Cr.
Debt to Equity1.55

Grasim Industries Ltd Shareholding Pattern

Promoters Holding
Mar 202342.75%
June 202342.75%
Sept 202342.75%
Dec 202342.75%
Mar 202443.05%
FII Holding
Mar 202312.45%
Jun 202312.29%
Sep 202312.17%
Dec 202312.52%
Mar 202412.70%
DII Holding
Mar 202316.82%
Jun 202316.82%
Sep 202316.90%
Dec 202316.70%
Mar 202416.69%
Hot Stocks Alert Join
Public Holding
Mar 202327.69%
Jun 202327.82%
Sep 202327.80%
Dec 202327.69%
Mar 202427.24%
Others
Mar 20230.30%
Jun 20230.30%
Sep 20230.35%
Dec 20230.33%
Mar 20240.31%

Grasim Industries Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 68,252 Cr
2021₹ 76,404 Cr
2022₹ 95,701 Cr
2023₹ 117,627 Cr
2024₹ 130,978 Cr

Last 5 Years’ Net Profit:

2020₹ 6,639 Cr
2021₹ 6,987 Cr
2022₹ 11,206 Cr
2023₹ 11,078 Cr
2024₹ 9,926 Cr

Conclusion

This article provides a detail guide about Grasim Industries Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

If you’re new to our site and want to be updated on the latest market information, you can join us on the Telegram Group(Link below).

If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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