Despite this increase in BGHPL s shareholding, Grasim clarified that there is no change in the overall shareholding of the promoter and promoter Group of the company
There has been no change in the promoter/promoter group s total holding in the company, which remains at 43.06%. Shares of Grasim Industries closed at Rs 2,435.10 on the NSE on Tuesday, rising by Rs 44.45 or 1.86%. A part of the Aditya Birla Group, Grasim reported a 39% increase in its consolidated net profit for the quarter ended March 2024, excluding exceptional items. The net profit rose to Rs 1,908 crore, compared to Rs 1,369 crore in the same quarter last year.
More than 550 companies will announce their quarterly earnings on May 29 including Tata Steel, Aadhar Housing Finance, Alkem Laboratories, Bata India, Cummins India, Deepak Fertilisers & Petrochemicals Corporation, and Emami.