Current price is more than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The leading brokerage firm Sharekhan has placed a buy call rating on the shares of Shree Cement, Ultratech Cement, Grasim Industries, The Ramco Cement, JK Lakshmi Cement, and Dalmia Bharat.

Top picks: Sharekhan is bullish on these 6 cement stocks for robust gain ahead

Stocks in news: Wipro, Tata Motors, Dr Reddy’s, RITES, Grasim Industries, RITES, Ansal Housing, Mafatlal Industries and more

Stocks in news: Wipro, Tata Motors, Dr Reddy’s, RITES and more

The Aditya Birla group firm announced the appointment of Pavan Jain as its next chief financial officer with effect from 15 August 2022.

Grasim Industries appoints Pavan Jain as new CFO

Stocks to watch today: Shares of firms like ata Motors, Bharti Airtel, Dr Reddy’s, Grasim, and others will be in focus in Thursday’s trade

Stocks to Watch Today: Tata Motors, Bharti Airtel, Dr Reddy’s, Grasim, and Others

Jains appointment as the new CFO comes on the basis of his exceptional track record and recommendations from the Nomination and Remuneration Committee and Audit Committee of the company. He will be replacing Ashish Adukia in the coming months.

Grasim appoints Pavan Jain as new Chief Financial Officer

Catch all live updates on share prices, index moves, corporate announcements and more from the Sensex and Nifty, today.

Share Market Live: Sensex, Nifty Set To Fall For Fourth Day; Grasim Rises Most In Two Weeks

Grasim Industries allots Non-Convertible Debentures

Within the organised segment, decorative paints account for about 78-80% and industrial paint accounts for the rest.

With Grasim’s entry, competition in paints sector set to intensify | The Financial Express

Grasim doubled its three-year capex plan for paints business to Rs 10,000 crore.

Why Analysts Say Grasim May Do A Jio In Paints Sector

Grasim has lined up investment for foray into decorative paints with project cost estimated at Rs 10,000 crore by FY25

Grasim to raise up to Rs 2,000 cr via debentures to fund capex programme

“This is reminiscent of Jio’s foray into the telecom industry, with significant capacity additions, which ultimately resulted in lower industry tariffs.”

Paint stocks plunge on Grasim industries’ capex boost

Grasim Industries Limited is a holding company. The Company's segments include Viscose Staple Fibre and Wood Pulp, Cement, Chemicals, and textiles.

Grasim Industries Ltd

Grasim Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Top picks: Sharekhan is bullish on these 6 cement stocks for robust gain ahead

Stocks in news: Wipro, Tata Motors, Dr Reddy’s, RITES and more

Grasim Industries appoints Pavan Jain as new CFO

Stocks to Watch Today: Tata Motors, Bharti Airtel, Dr Reddy’s, Grasim, and Others

Grasim appoints Pavan Jain as new Chief Financial Officer

Share Market Live: Sensex, Nifty Set To Fall For Fourth Day; Grasim Rises Most In Two Weeks

Grasim Industries allots Non-Convertible Debentures

Grasim Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Top picks: Sharekhan is bullish on these 6 cement stocks for robust gain ahead

Stocks in news: Wipro, Tata Motors, Dr Reddy’s, RITES and more

Grasim Industries appoints Pavan Jain as new CFO

Stocks to Watch Today: Tata Motors, Bharti Airtel, Dr Reddy’s, Grasim, and Others

Grasim appoints Pavan Jain as new Chief Financial Officer

Share Market Live: Sensex, Nifty Set To Fall For Fourth Day; Grasim Rises Most In Two Weeks

Grasim Industries allots Non-Convertible Debentures

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock