Grasim Industries rose 2.61% to Rs 1,235.80 at 14:15 IST on BSE after two bulk deals were executed on the scrip on the BSE today, 9 January 2018.
A bulk deal of 2.50 lakh shares was executed on the Grasim Industries scrip at Rs 1,202 per share at 10:44 IST on BSE. Another bulk deal of 2.50 lakh shares was executed on the scrip at Rs 1,201.45 per share at 10:45 IST on BSE.
Meanwhile, the S&P BSE Sensex was up 82.21 points or 0.24% at 34,435.
Bulk deal boosted volume on the scrip. On the BSE, 6.97 lakh shares were traded on the counter so far as against the average daily volumes of 57,000 shares in the past two weeks. The stock had hit a high of Rs 1,243.50 and a low of Rs 1,198.05 so far during the day. The stock had hit a record high of Rs 1,299.90 on 3 November 2017 and a 52-week low of Rs 685.65 on 16 January 2017.
The large-cap company has equity capital of Rs 131.47 crore. Face value per share is Rs 2.
On consolidated basis, Grasim Industries' net profit fell 26.7% to Rs 799.03 crore on 59.2% growth in total income to Rs 13935.22 crore in Q2 September 2017 over Q2 September 2016.
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Grasim Industries has a leadership positions in cement, viscose staple fibre and chemicals businesses.
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