Grasim surges 4% on strong Q4 earnings and dividend boost
after close1 source ↓written by the desknot a recommendation
- from the previous
- 3.74% increase
Grasim Industries reported strong Q4 earnings, with revenue and net profit showing significant growth. The stock opened at ₹3,060.70, up nearly ₹90, and reached an intraday high of ₹3,098.30 before consolidating around ₹3,060–₹3,085. The current LTP is ₹3,082.30, reflecting a 3.74% increase from the previous close. 📈
The positive earnings report and dividend announcement have bolstered investor confidence, indicating strong market sentiment for Grasim. The stock's VWAP suggests robust trading activity above the current price, despite some profit-booking.
• Revenue growth and net profit increase
• Dividend boost enhances shareholder returns
• Balanced order book indicates active trading
Not investment advice. For informational purposes only.