GRASIM INDUSTRIES (BOM: 500300) Shares
ABOUT GRASIM INDUSTRIES
Grasim Industries Limited (BOM: 500300) is a Mumbai-based manufacturing company with a history dating back to 1947, when it was first established as a textiles manufacturer.
Since its inception, the company went on to diversify its manufacturing portfolio to include Viscose Staple Fiber (VSF), cement, sponge iron, chemicals, as well as Diversified Financial Services.
As such, Grasim Industries Limited is the world’s largest producer of viscose rayon fiber today, commanding an approximate 24% market share, with textiles and related products contributing 15% to the company’s turnover. Grasim Industries Limited is a subsidiary of the Aditya Birla Group.
OVERVIEW OF GRASIM INDUSTRIES
Grasim Industries Limited’s high-value portfolio is diversified across a range of businesses. The company’s Viscose Staple Fiber business produces over 29 million garments across across 30 major brands featuring the LIVA tag. The business is operated across 4 fiber plants and 1 pulp plant in India, and enjoys 4 international joint ventures.
The company’s Viscose Filament Yarn business, a product largely referred to as rayon, became a part of Grasim Industries Limited on 1st July, 2017, following the merger of Aditya Birla Nuvo Ltd. The business contributes 55% of VFY exports from India, making it the largest Indian VFY exporter.
- The company’s chemicals business was set up to manufacture caustic soda for its VSF unit. Today, it is one of India’s largest caustic soda producers, being a market leader in the chlor-alkali segment. Over the years, Grasim Industries Limited’s chemicals business has created a strong foothold in the industry and offers a wide range of products from chlorine derivatives to epoxy.
- The company’s Jaya Shree Textiles business is one of India’s leading linen and wool manufacturers. It has four strategic business units, namely linen spinning, linen fabric, wool combing and worsted spinning. Lastly, the company’s fertiliser division, Indo Gulf Fertilisers (IGF) is a leading agri-solutions provider, and the 8th largest manufacturer of urea in India.
VISION & VALUES OF GRASIM INDUSTRIES
As part of its values of Corporate Social Responsibility, Grasim Industries Limited recognises that environmental conservation and the social development of communities is a critical aspect of any sustainable business.
To this end, the company’s projects focus on education, healthcare, sustainable livelihood, infrastructure development and social reform, underpinned by a holistic approach to inclusive growth.
MARKET PERFORMANCE OF GRASIM INDUSTRIES
Grasim Industries Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500300.
Data from the company’s 2019 financial analysis shows that revenue from operations for FY 2018-19, increased to `72 970.64 Crore which was 31% higher than that of the previous year. The consolidated EBITDA increased to `12 819.85 Crore for FY 2018-19 which was 18% higher than that of the previous year.
Grasim Industries Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.
LATEST NEWS GRASIM INDUSTRIES
Buy GRASIM INDUSTRIES stocks / shares – A Step by Step Guide how to Buy / Purchase GRASIM INDUSTRIES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy GRASIM INDUSTRIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN GRASIM INDUSTRIES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE GRASIM INDUSTRIES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of GRASIM INDUSTRIES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy GRASIM INDUSTRIES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?