Grasim Industries Ltd. (OTCMKTS:GRSXY – Get Free Report)’s share price hit a new 52-week high during trading on Thursday. The stock traded as high as $31.00 and last traded at $31.00, with a volume of 121 shares changing hands. The stock had previously closed at $31.00.
Grasim Industries Stock Performance
The company has a quick ratio of 0.82, a current ratio of 0.95 and a debt-to-equity ratio of 0.92. The company has a fifty day moving average price of $19.88 and a 200 day moving average price of $19.70. The stock has a market cap of $21.10 billion, a PE ratio of 34.07 and a beta of -0.22.
Grasim Industries (OTCMKTS:GRSXY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.33 earnings per share (EPS) for the quarter. The business had revenue of $5.18 billion for the quarter. Grasim Industries had a return on equity of 6.56% and a net margin of 3.04%.
Grasim Industries Company Profile
Grasim Industries Limited is an Indian diversified manufacturing and services company and the flagship company of the Aditya Birla Group. Established in 1947, the company began as a textiles producer and has expanded into building materials, chemicals, financial services and branded consumer products.
Grasim is a major producer of viscose staple fibre, a cellulose-based fibre used in textiles and nonwoven products, and also manufactures specialty chemicals, including chlorine derivatives and caustic soda.
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