Grasim Industries Ltd.
Share Price Target & Analysis
NSE:GRASIM
VWAP
Open
Close
High
Low
52 Week High
56.15 (2.22%)
GRASIM
(DIVERSIFIED)Sideways to Positive
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: GRASIM Share Price Financial Analysis & Valuation
Grasim Industries Ltd. (GRASIM) is broadly categorized in DIVERSIFIED segment industry which deals in Diversified vertical.
It is one of Large Cap company with Market Capitalization of Rs 110792 (in Cr). Total number of free float shares are 65.8 (in Lacs).
Grasim Industries Ltd. is listed on NSE with Exchange ID - INE047A01021 and trading code is NSE:GRASIM with short name Grasim.
Grasim Industries Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. GRASIM is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).
Grasim Industries Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, Grasim Industries Ltd. has declared an equity dividend of Rs 10 per share. At the current share price of GRASIM at Rs 2591.00, this results in a dividend yield of 0.39 %.
As per the Fundamental Analysis of NSE:GRASIM, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine GRASIM underlying value and future prospects. All of this data is available in GRASIM financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:GRASIM, it is clearly understood that GRASIM is Economical performer in terms of earnings and profit margins with an EPS of 6.93. NSE:GRASIM book value per share as of today is 778.43. The current price to book ratio for GRASIM as of Nov 23, 2024 is 3.33.
Valuation of the Stock: The current valuation of GRASIM stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of GRASIM whether to BUY this stock at current valuation. The delivery percentage of GRASIM is 32.8% is very crucial parameter which shows that 32.8% investors are anticipating that the price of GRASIM share should go up with VWAP at 2588.27.
Now, the main question is whether to BUY or SELL, NSE:GRASIM at current valuation.
As per latest Analysis No. #1499:-
⇑ STRONG BUY GRASIM if All Greens
⇗ BUY GRASIM (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD GRASIM (With Stop Loss) if only 1 Green
⇘ SELL GRASIM if NO Green Indicator
NSE: GRASIM Share Price Today (Nov 23, 2024)
(Grasim Industries Ltd. Daily Analysis on the basis of GRASIM Intraday Graph & Trend)
Grasim Industries Ltd. share price moved Up by 2.22% from its previous close of Rs 2534.85. GRASIM stock last traded price is 2591.00. GRASIM share price trend is Up with a total of 828880 stocks traded till now. It has touched an intraday high of Rs 2609.9 and an intraday low of Rs 2534.85. The GRASIM trading at 2591.00, Up by Rs. 56.15, or 2.22 percent which suggests that most of the Traders are anticipating that the price of GRASIM share should go Up.
NSE: GRASIM Share Price Tomorrow Prediction
(Grasim Industries Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GRASIM)
Grasim Industries Ltd. share price moved Up by 2.22%. GRASIM share price short term trend is Up. It suggests that GRASIM Share Price for Tomorrow remains the same with VWAP at 2588.27 will be treated as stop loss for intraday traders. Grasim Industries Ltd. Long term investors can follow the GRASIM long term trend as mentiond in future forecast table.
NSE Code |
NSE: GRASIM |
GRASIM Share Price Today |
2591.00 |
GRASIM Share Price Target Prediction for 2024 ^ |
2317.2 - 2892 |
GRASIM Share Price Target Prediction for 2025*^ |
2892 - 3080.9 |
GRASIM Share Price Target Prediction for 2026*^ |
3080.9 - 3296.6 |
GRASIM Share Price Target Prediction for 2027*^ |
3461 |
GRASIM Share Price Target Prediction for 2028*^ |
3560 |
GRASIM Share Price Target Prediction for 2030*^ |
3881 |
GRASIM Current Book Value 2023 |
774.5 |
*Grasim Industries Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^GRASIM share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
GRASIM Technical Analysis
Candlestick Pattern: @2523.95MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 2522.48 | BUY | 2532.58 | SELL |
MA_12 | 2601.22 | SELL | 2581.41 | SELL |
MA_20 | 2625.62 | SELL | 2609.59 | SELL |
MA_32 | 2675.26 | SELL | 2641.09 | SELL |
MA_50 | 2687.66 | SELL | 2654.79 | SELL |
MA_100 | 2699.38 | SELL | 2639.44 | SELL |
MA_200 | 2492.86 | BUY | 2496.48 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 2625.62 | Downtrend |
MACD | -14.02 | SELL |
ADX | 28.49 | Strong Trend |
DMI (+/-) | 8.96 / 29.33 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 37.13 | Neutral |
STOCHASTIC_K (Fast) | 38.43 | Neutral |
STOCHASTIC_D (Slow) | 19.04 | Oversold |
CCI | -99.15 | Neutral |
PSAR | 2648.06 | SELL |
TRUE RANGE | 48.95 | SELL |
ATR | 61.79 | SELL |
WILLIAMS R | -78.98 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 100 | Overbought |
STOCHASTIC RSI D | 34.09 | Neutral |
MOMENTUM | -240.15 | SELL |
Duration | Value |
---|---|
1 Year | 29.69% |
3 Months | 0.19% |
1 Month | -8.69% |
1 Week | -1.51% |
Action | Overall (%) |
---|---|
BUY | 17% |
NEUTRAL / HOLD | 20% |
SELL | 63% |
Most popular Questions & Answers about GRASIM
Grasim Industries Ltd. stock last traded price is 2591.00. GRASIM share price moved Up by 2.22% from its previous close of Rs 2534.85.
Grasim Industries Ltd. share price trend is Up with a total of 828880 stocks traded till now. It has touched an intraday high of Rs 2906.5275 and an intraday low of Rs 2534.85. The GRASIM trading at 2591.00, Up by Rs. 56.15, or 2.22 percent which suggests that most of the Traders are anticipating that the price of GRASIM share should go Up and the Stop Loss will be around 2588.27.
The market cap of Grasim Industries Ltd. is ₹110792 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Grasim Industries Ltd. as of Nov 22, 2024 is 48.88.
The current price to book ratio for Grasim Industries Ltd. as of Nov 22, 2024 is 3.33.
The highest price of Grasim Industries Ltd. stock is ₹2877.75 in the last 52-week.
The lowest price of Grasim Industries Ltd. stock is ₹1945.45 in the last 52-week.
Grasim Industries Ltd. share trading at ₹2591.00, Up by Rs. 56.15, or 2.22 percent which suggests that most of the traders are anticipating that the price of GRASIM share should go Up.
In 2023, Stock price target for Grasim Industries Ltd. (GRASIM) are ₹2317.2 on downside and ₹2892 on upside. Grasim Industries Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Grasim Industries Ltd. (GRASIM) are ₹2892 on downside and ₹3080.9 on upside. Grasim Industries Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Grasim Industries Ltd. (GRASIM) are ₹3080.9 on downside and ₹3296.6 on upside. Grasim Industries Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Grasim Industries Ltd. (GRASIM) will be around ₹3560 Grasim Industries Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GRASIM.
The price of Grasim Industries Ltd. (GRASIM) shares moved by 2.22%. The short-term trend for GRASIM share price is Up. It implies that the share price of GRASIM will stay the same tomorrow and that intraday traders should treat VWAP at 2588.27 as a stop loss. Investors with a long-term outlook can track GRASIM long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of GRASIM stock is 83.1. Compared to the current market price of 2591.00 INR, the GRASIM stock is Overvalued by 96.8%.
As per the fundamental analysis of Grasim Industries Ltd. (GRASIM), it is of Economical quality in terms of earnings and profit margins with an EPS of 6.93. Grasim Industries Ltd. book value per share as of today is 778.43. The current price to book ratio for GRASIM as of Nov 23, 2024 is 3.33.
NSE:GRASIM News & Other Useful Information about GRASIM Share Price
Peer Comparison of NSE: GRASIM
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Diversified
Company | Price | EPS | BV |
---|---|---|---|
ITC | 474.00 | 16.46 | 57.74 |
GRASIM | 2591.00 | 6.93 | 778.43 |
DCMSRIND | 1250.55 | 31.6 | 421.72 |
SRF | 2163.25 | 39.64 | 354.65 |
VOLTAS | 1653.40 | 22.23 | 226.62 |
STARHEALTH | 459.70 | 14.67 | 108.69 |
DIL | 6.00 | 0.24 | 13.2 |
3MINDIA | 30685.50 | 502.5 | 2104.02 |
GICRE | 378.85 | 40.23 | 296.37 |
IEX | 163.11 | 4.31 | 10.63 |