Grasim Industries (India) Today
GRASIM Stock | 2,432 19.95 0.83% |
Performance12 of 100
| Odds Of DistressLess than 24
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Grasim Industries is trading at 2431.60 as of the 3rd of May 2024, a 0.83% increase since the beginning of the trading day. The stock's open price was 2411.65. Grasim Industries has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Grasim Industries Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Grasim Industries is entity of India. It is traded as Stock on NSE exchange. The company has 656.36 M outstanding shares. More on Grasim Industries Limited
Moving together with Grasim Stock
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0.72 | IMFA | Indian Metals Ferro | PairCorr |
Moving against Grasim Stock
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0.45 | JTLIND | JTL Industries | PairCorr |
0.42 | VHL | Vardhman Holdings | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Grasim Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Grasim Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grasim Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Grasim Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Grasim Industries' managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
President | Hutokshi Wadia | ||||
Business Concentration | Construction Materials, Building Materials, Basic Materials, Materials, Construction Materials, Building Materials, Basic Materials (View all Sectors) | ||||
Grasim Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Grasim Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Grasim Industries' financial leverage. It provides some insight into what part of Grasim Industries' total assets is financed by creditors.
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Grasim Industries Limited (GRASIM) is traded on National Stock Exchange of India in India and employs 24,455 people. Grasim Industries is listed under Construction Materials category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.64 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grasim Industries's market, we take the total number of its shares issued and multiply it by Grasim Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Grasim Industries operates under Construction Materials sector and is part of Materials industry. The entity has 656.36 M outstanding shares.
Grasim Industries Limited has accumulated about 23.13 B in cash with (126.85 B) of positive cash flow from operations.
Check Grasim Industries Probability Of Bankruptcy
Ownership AllocationGrasim Industries secures a total of 656.36 Million outstanding shares. Grasim Industries secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Grasim Ownership Details
Grasim Stock Price Odds Analysis
What are Grasim Industries' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Grasim Industries jumping above the current price in 90 days from now is near 1%. The Grasim Industries Limited probability density function shows the probability of Grasim Industries stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Grasim Industries has a beta of 0.1206. This usually indicates as returns on the market go up, Grasim Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Grasim Industries Limited will be expected to be much smaller as well. Additionally, grasim Industries Limited has an alpha of 0.2571, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Grasim Industries to move above the current price in 90 days from now is near 1 (This Grasim Industries Limited probability density function shows the probability of Grasim Stock to fall within a particular range of prices over 90 days) .
Grasim Industries Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Grasim Industries market risk premium is the additional return an investor will receive from holding Grasim Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Grasim Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Grasim Industries' alpha and beta are two of the key measurements used to evaluate Grasim Industries' performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.21 | |||
Semi Deviation | 1.24 | |||
Standard Deviation | 1.65 | |||
Variance | 2.71 |
Grasim Stock Against Markets
Picking the right benchmark for Grasim Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Grasim Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Grasim Industries is critical whether you are bullish or bearish towards Grasim Industries Limited at a given time. Please also check how Grasim Industries' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Grasim Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Grasim Industries Corporate Management
Elected by the shareholders, the Grasim Industries' board of directors comprises two types of representatives: Grasim Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grasim. The board's role is to monitor Grasim Industries' management team and ensure that shareholders' interests are well served. Grasim Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Grasim Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Sailesh Daga | Company Officer | Profile | |
Delhi IIT | B Bus | Profile | |
Saugata Chakravarty | Chief Officer | Profile | |
Ankit Panchmatia | Head Relations | Profile | |
BSc FCA | Executive Business | Profile |
How to buy Grasim Stock?
Before investing in Grasim Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Grasim Industries. To buy Grasim Industries stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Grasim Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Grasim Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Grasim Industries Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Grasim Industries Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Grasim Industries Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Grasim Industries Limited?
The danger of trading Grasim Industries Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Grasim Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Grasim Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Grasim Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grasim Industries Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Grasim Stock analysis
When running Grasim Industries' price analysis, check to measure Grasim Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grasim Industries is operating at the current time. Most of Grasim Industries' value examination focuses on studying past and present price action to predict the probability of Grasim Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grasim Industries' price. Additionally, you may evaluate how the addition of Grasim Industries to your portfolios can decrease your overall portfolio volatility.
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