Grasim repays INR 7.50 billion as Motilal Oswal backs Grasim stock

Published on 10/19/2026 at 10:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Motilal Oswal set a INR 3,800 target on September 11, 2026. Grasim stock traded at INR 2,895.20 on October 19, 2026, below its INR 3,411.10 high.

Operating updates and next date

Grasim repaid INR 7.50 billion of commercial paper on September 24, 2026.
Consolidated revenue reached INR 48.716 billion in the first quarter of fiscal 2027, up 21.43 percent year over year.
Grasim is scheduled to report its next results on November 14, 2026.

Grasim, INE047A01021, Illustration mit AI erstellt.

Grasim Industries Limited repaid INR 7.50 billion of commercial paper on September 24, 2026, while Motilal Oswal kept a Buy view and an INR 3,800 target dated September 11, 2026. The repayment covered 15,000 units and left no balance on that instrument, according to ALFA Finder. The broker update was reported by DSIJ.

Three filings reset the picture

On September 11, 2026, Motilal Oswal reiterated its Buy rating and INR 3,800 target. On September 18, 2026, Grasim disclosed that its 45 percent-owned Canadian pulp joint venture would temporarily idle the 190,000-tonne-per-year Nackawic facility by October. On September 24, 2026, Grasim repaid INR 7.50 billion of commercial paper at maturity, the latest of the three dated developments.

What does the repayment change?

The repayment reduces one short-term refinancing obligation, while the pulp decision highlights weaker conditions in one part of the portfolio. The balance between those signals matters because Grasim is funding newer growth platforms while managing cyclical chemicals, fibers and pulp exposure.

Grasim's first-quarter fiscal 2027 figures show the scale of that diversification. Consolidated revenue reached INR 48.716 billion, up 21.43 percent year over year, while consolidated net profit rose 38.80 percent to INR 3.846 billion, according to ALFA Finder. The result gives the growth businesses room to offset pressure in mature operations, but the Canadian mill halt shows that operating conditions remain uneven.

When are the next results due?

Grasim's next results are scheduled for November 14, 2026, according to Simply Wall St. That report should provide the next quantified test of paint expansion, fiber profitability and balance-sheet execution.

Trading level and valuation context

Grasim was trading at INR 2,895.20 on the NSE on October 19, 2026, at 1:55 p.m. IST. The company had a market capitalization of INR 1.96 trillion at the same reference point, while the NSE-listed stock's 52-week range was INR 2,502.50 to INR 3,411.10.