The result was announced during market hours today, 7 February 2019.

Meanwhile, the S&P BSE Sensex was down 58.05 points or 0.16% at 36,917.18

On the BSE, 1.47 lakh shares were traded on the counter so far as against the average daily volumes of 66,000 shares in the past two weeks. The stock had hit a high of Rs 757 and a low of Rs 731.05 so far during the day.

Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose 11% to Rs 2958 crore in Q3 December 2018 over Q2 September 2018.

Grasim Industries said that the total capex plan of about Rs 7627 crore (at a standalone level) is under execution for raising capacities in both the VSF and chemical businesses. This capital expenditure will be incurred over FY19-FY21. It will be majorly funded by internal accruals.

Grasim Industries has a leadership positions in cement, viscose staple fibre, financial services and chemicals businesses.

0 thoughts on “Grasim advances after strong Q3 result”

Post Comment

  High Accuracy Stock Future Performance

Performance given here is genuine and can check by taking pay or call trial, no free trial given to anybody as our trial calls are also worth to earn money and check us, you can even check without trading in trial period.

Get Intraday Tips / Delivery calls for FREE

View My Stats