Grasim Industries fell 1.13% to Rs 2605 at 14:34 IST on BSE even as the firm reported 40.64% rise in net profit in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 2734 and a low of Rs 2590.05 so far during the day. The stock had a 52-week high of Rs 4074 on
The large-cap diversified firm has an equity capital of Rs 91.67 crore. Face value per share is Rs 10.
The current price of Rs 2605 discounts its Q3 December 2007 annualised EPS of Rs 241.59, by a PE multiple of 10.78.
The net profit of Grasim Industries rose 40.64% to Rs 667.37 crore on 12.10% rise in total income to Rs 2861.09 crore in Q4 March 2008 over Q4 March 2007.
The company is engaged in manufacturing and marketing cement, fibre & pulp, sponge iron, textile, chemicals and other.
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