Grasim stock at INR 2,890, 15.3 percent below its yearly high

Published on 10/09/2026 at 15:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grasim stock stood at INR 2,890 on October 9, 2026, 15.3 percent below its high. Its market cap was INR 2.0 trillion, with results due November 14, 2026.

Grasim stock closed at INR 2,890.00 on October 9, 2026, 15.3 percent below its 52-week high.
Market capitalization was INR 2.0 trillion and the price-to-earnings ratio was 34.47.
Motilal Oswal maintained a Buy rating and an INR 3,800 target dated September 11, 2026.
Grasim is scheduled to report fiscal 2027 second-quarter results on November 14, 2026.

Grasim, INE047A01021, Illustration mit AI erstellt.

Grasim stock (ISIN INE047A01021) closed at INR 2,890.00 on the NSE on October 9, 2026 at 4:00 p.m. IST, 15.3 percent below its 52-week high of INR 3,411.10. The price was INR 33.20, or 1.16 percent, above the prior close of INR 2,856.80.

Trading stayed below the yearly high

The session ranged from INR 2,857.80 to INR 2,894.90, leaving the close INR 32.90 below the daily high. Trading volume was 222,643 shares against an average volume of 831,484 shares, equal to 26.76 percent of the average.

Grasim's 52-week low was INR 2,502.50, placing the close INR 387.50 above that level. The share therefore sat 15.49 percent above its yearly low while remaining materially below the high.

Valuation carries the next signal

Grasim had a market capitalization of INR 2.0 trillion and a price-to-earnings ratio of 34.47 as of October 9, 2026. Its trailing dividend yield was 0.00 percent, making earnings valuation more relevant than income for this snapshot.

Motilal Oswal maintained a Buy rating and an INR 3,800 target in a research note dated September 11, 2026, according to DSIJ. The target lies 31.49 percent above the NSE price of INR 2,890.00, while the broker highlighted resilient viscose staple fibre margins and near-term pressure in chemicals and paints.

Comparison with peers

Grasim: plus 1.16 percent, P/E 34.47, market capitalization INR 2.0 trillion
UltraTech Cement (NSE, INR): plus 2.39 percent, P/E 36.80, market capitalization INR 3.1 trillion
Asian Paints (NSE, INR): plus 1.19 percent, P/E 47.08, market capitalization INR 2.2 trillion

Results date is November 14

Grasim is scheduled to report its fiscal 2027 second-quarter results on November 14, 2026, according to Simply Wall St. That date gives the market a defined checkpoint for revenue, earnings and the performance of the paints and materials businesses.

Stock remains below its yearly high

Grasim closed at INR 2,890.00 on October 9, 2026, with the 15.3 percent gap to its INR 3,411.10 high and the INR 3,800 analyst target defining the main valuation comparisons.