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500300 (Grasim) Stock Analysis
Buy, Hold or Sell?

Let's analyze Grasim together

I guess you are interested in Grasim Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – Grasim’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – Grasim’s Price Targets

I'm going to help you getting a better view of Grasim Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Grasim (30 sec.)










1.2. What can you expect buying and holding a share of Grasim? (30 sec.)

How much money do you get?

How much money do you get?
INR0.82
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR1,195.85
Expected worth in 1 year
INR1,379.80
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR253.84
Return On Investment
8.9%

For what price can you sell your share?

Current Price per Share
INR2,846.95
Expected price per share
INR2,543 - INR
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Grasim (5 min.)




Live pricePrice per Share (EOD)
INR2,846.95
Intrinsic Value Per Share
INR-1,757.07 - INR-660.48
Total Value Per Share
INR-561.22 - INR535.37

2.2. Growth of Grasim (5 min.)




Is Grasim growing?

Current yearPrevious yearGrowGrow %
How rich?$9.2b$8.8b$356.1m3.9%

How much money is Grasim making?

Current yearPrevious yearGrowGrow %
Making money$798.7m$883.3m-$84.5m-10.6%
Net Profit Margin5.8%7.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Grasim (5 min.)




2.4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Grasim?

Welcome investor! Grasim's management wants to use your money to grow the business. In return you get a share of Grasim.

First you should know what it really means to hold a share of Grasim. And how you can make/lose money.

Speculation

The Price per Share of Grasim is INR2,847. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Grasim.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Grasim, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR1,195.85. Based on the TTM, the Book Value Change Per Share is INR45.99 per quarter. Based on the YOY, the Book Value Change Per Share is INR154.62 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR17.47 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Grasim.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.210.0%1.210.0%1.340.0%1.110.0%0.880.0%0.660.0%
Usd Book Value Change Per Share0.540.0%0.540.0%1.810.1%1.310.0%0.760.0%1.400.0%
Usd Dividend Per Share0.200.0%0.200.0%0.190.0%0.160.0%0.140.0%0.100.0%
Usd Total Gains Per Share0.740.0%0.740.0%2.000.1%1.460.1%0.900.0%1.500.1%
Usd Price Per Share19.10-19.10-19.48-18.52-14.23-17.95-
Price to Earnings Ratio15.74-15.74-14.52-17.49-18.58-37.26-
Price-to-Total Gains Ratio25.72-25.72-9.75-15.26-8.51-6.91-
Price to Book Ratio1.37-1.37-1.45-1.42-1.16-2.56-
Price-to-Total Gains Ratio25.72-25.72-9.75-15.26-8.51-6.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share33.309315
Number of shares30
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.200.14
Usd Book Value Change Per Share0.540.76
Usd Total Gains Per Share0.740.90
Gains per Quarter (30 shares)22.2726.99
Gains per Year (30 shares)89.10107.96
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1256579179198
24912916834182206
37419425751273314
49825834668364422
512332343585455530
6147387524102546638
7172452613119637746
8196517702136728854
9221581791153819962
102456468801709101070

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%8.02.00.080.0%
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3.2. Key Performance Indicators

The key performance indicators of Grasim Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--45.98745.9870%154.623-70%111.598-59%64.802-29%119.585-62%
Book Value Per Share--1195.8501195.8500%1149.863+4%1113.651+7%1016.770+18%775.202+54%
Current Ratio--0.9710.9710%0.981-1%1.033-6%1.049-7%1.156-16%
Debt To Asset Ratio--0.7660.7660%0.738+4%0.753+2%0.758+1%0.638+20%
Debt To Equity Ratio--3.2823.2820%2.823+16%3.064+7%3.132+5%2.235+47%
Dividend Per Share--17.47317.4730%16.185+8%13.416+30%12.095+44%8.870+97%
Enterprise Value---1324825359426.252-1324825359426.2520%-867610982124.232-35%-1011527954664.351-24%-1122636106378.751-15%-183804799558.929-86%
Eps--103.685103.6850%114.682-10%94.594+10%75.355+38%56.113+85%
Ev To Sales Ratio---1.126-1.1260%-0.907-20%-1.045-7%-1.293+15%0.560-301%
Free Cash Flow Per Share---375.818-375.8180%1.345-28050%-59.709-84%-18.504-95%-5.109-99%
Free Cash Flow To Equity Per Share--26.16726.1670%-87.239+433%4.055+545%22.711+15%7.841+234%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---660.479----------
Intrinsic Value_10Y_min---1757.066----------
Intrinsic Value_1Y_max---28.848----------
Intrinsic Value_1Y_min---89.958----------
Intrinsic Value_3Y_max---115.132----------
Intrinsic Value_3Y_min---346.473----------
Intrinsic Value_5Y_max---235.722----------
Intrinsic Value_5Y_min---684.518----------
Market Cap1873119458825.600+43%1074936240573.7481074936240573.7480%1095944017875.768-2%1042155978668.982+3%800779013621.248+34%1009728810441.072+6%
Net Profit Margin--0.0580.0580%0.079-26%0.064-10%0.054+7%0.059-1%
Operating Margin----0%-0%-0%0.070-100%0.105-100%
Operating Ratio--0.4270.4270%0.383+11%0.382+12%0.662-36%0.993-57%
Pb Ratio2.381+43%1.3651.3650%1.448-6%1.424-4%1.159+18%2.558-47%
Pe Ratio27.458+43%15.74515.7450%14.516+8%17.486-10%18.576-15%37.259-58%
Price Per Share2846.950+43%1632.4991632.4990%1664.749-2%1583.116+3%1216.590+34%1534.428+6%
Price To Free Cash Flow Ratio-7.575-74%-4.344-4.3440%1238.075-100%413.722-101%246.841-102%216.963-102%
Price To Total Gains Ratio44.862+43%25.72525.7250%9.746+164%15.262+69%8.506+202%6.911+272%
Quick Ratio--0.5840.5840%0.654-11%0.704-17%0.668-13%0.713-18%
Return On Assets--0.0200.0200%0.026-22%0.021-3%0.018+16%0.027-24%
Return On Equity--0.0870.0870%0.100-13%0.084+3%0.072+21%0.077+13%
Total Gains Per Share--63.46063.4600%170.809-63%125.013-49%76.897-17%128.455-51%
Usd Book Value--9212812830.0009212812830.0000%8856692910.000+4%8577436920.000+7%7829783442.000+18%5968823796.000+54%
Usd Book Value Change Per Share--0.5380.5380%1.809-70%1.306-59%0.758-29%1.399-62%
Usd Book Value Per Share--13.99113.9910%13.453+4%13.030+7%11.896+18%9.070+54%
Usd Dividend Per Share--0.2040.2040%0.189+8%0.157+30%0.142+44%0.104+97%
Usd Enterprise Value---15500456705.287-15500456705.2870%-10151048490.854-35%-11834877069.573-24%-13134842444.631-15%-2150516154.839-86%
Usd Eps--1.2131.2130%1.342-10%1.107+10%0.882+38%0.657+85%
Usd Free Cash Flow---2895294870.000-2895294870.0000%10356840.000-28055%-460291260.000-84%-142837812.000-95%-39526461.000-99%
Usd Free Cash Flow Per Share---4.397-4.3970%0.016-28050%-0.699-84%-0.216-95%-0.060-99%
Usd Free Cash Flow To Equity Per Share--0.3060.3060%-1.021+433%0.047+545%0.266+15%0.092+234%
Usd Market Cap21915497668.260+43%12576754014.71312576754014.7130%12822545009.147-2%12193224950.427+3%9369114459.369+34%11813827082.161+6%
Usd Price Per Share33.309+43%19.10019.1000%19.478-2%18.522+3%14.234+34%17.953+6%
Usd Profit--798789420.000798789420.0000%883324260.000-10%728592540.000+10%580320936.000+38%432073980.000+85%
Usd Revenue--13762368360.00013762368360.0000%11197032210.000+23%11299314780.000+22%10402502058.000+32%7511858523.000+83%
Usd Total Gains Per Share--0.7420.7420%1.998-63%1.463-49%0.900-17%1.503-51%
 EOD+5 -3MRQTTM+0 -0YOY+12 -253Y+19 -185Y+22 -1610Y+20 -18

3.3 Fundamental Score

Let's check the fundamental score of Grasim Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1527.458
Price to Book Ratio (EOD)Between0-12.381
Net Profit Margin (MRQ)Greater than00.058
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.584
Current Ratio (MRQ)Greater than10.971
Debt to Asset Ratio (MRQ)Less than10.766
Debt to Equity Ratio (MRQ)Less than13.282
Return on Equity (MRQ)Greater than0.150.087
Return on Assets (MRQ)Greater than0.050.020
Total2/10 (20.0%)

3.4 Technical Score

Let's check the technical score of Grasim Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.207
Ma 20Greater thanMa 502,700.010
Ma 50Greater thanMa 1002,698.073
Ma 100Greater thanMa 2002,595.618
OpenGreater thanClose2,864.850
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Grasim Industries Limited

Grasim Industries Limited manufactures and sells of viscose staple fiber and filament yarn, chemical, fertilizers, textiles, insulators, and cement in India and internationally. The company operated through Viscose, Chemicals, Cement, Financial Services, and Other segment. It offers viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; and rayon grade and wood pulp products; textile products that include linen and wool. The company also provides grey cement; white cement under the Birla White brand; ready mix concrete; and putty. In addition, it offers caustic soda, stable bleaching powder, polyaluminium chloride, chlorosulphonic acid, chlorinated paraffin wax, calcium chloride, and aluminium chloride, as well as epoxy products. Further, the company retails linen under the Linen Club Fabrics brand; and offers life insurance, asset management, private equity, corporate lending, structured finance, general insurance broking, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management, and health insurance services, as well as urea's, fertilizers, seeds, agrochemicals, plant and soil health products, and insulators under the Birla Shaktiman brand. It is also involved in solar power designing, engineering, procurement, and commissioning businesses. The company was founded in 1947 and is based in Nagda, India.

Fundamental data was last updated by Penke on 2025-06-24 19:06:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ Grasim earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ Grasim to theΒ Other industry mean.
  • A Net Profit Margin of 5.8%Β means thatΒ ₹0.06 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Grasim Industries Limited:

  • The MRQ is 5.8%. The company is making a profit. +1
  • The TTM is 5.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.8%TTM5.8%0.0%
TTM5.8%YOY7.9%-2.1%
TTM5.8%5Y5.4%+0.4%
5Y5.4%10Y5.9%-0.4%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%6.1%-0.3%
TTM5.8%5.8%+0.0%
YOY7.9%5.6%+2.3%
3Y6.4%5.9%+0.5%
5Y5.4%5.9%-0.5%
10Y5.9%6.1%-0.2%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ Grasim is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ Grasim to theΒ Other industry mean.
  • 2.0% Return on Assets means thatΒ Grasim generatedΒ ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Grasim Industries Limited:

  • The MRQ is 2.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.0%0.0%
TTM2.0%YOY2.6%-0.6%
TTM2.0%5Y1.8%+0.3%
5Y1.8%10Y2.7%-0.9%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%0.9%+1.1%
TTM2.0%0.9%+1.1%
YOY2.6%0.8%+1.8%
3Y2.1%1.0%+1.1%
5Y1.8%1.0%+0.8%
10Y2.7%1.0%+1.7%
4.3.1.3. Return on Equity

Shows how efficient Grasim is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ Grasim to theΒ Other industry mean.
  • 8.7% Return on Equity means Grasim generated ₹0.09Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Grasim Industries Limited:

  • The MRQ is 8.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.7%TTM8.7%0.0%
TTM8.7%YOY10.0%-1.3%
TTM8.7%5Y7.2%+1.5%
5Y7.2%10Y7.7%-0.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ8.7%3.1%+5.6%
TTM8.7%2.4%+6.3%
YOY10.0%2.5%+7.5%
3Y8.4%2.8%+5.6%
5Y7.2%3.1%+4.1%
10Y7.7%3.0%+4.7%
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4.3.2. Operating Efficiency of Grasim Industries Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient Grasim is operatingΒ .

  • Measures how much profit Grasim makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ Grasim to theΒ Other industry mean.
  • An Operating Margin of 0.0%Β means the company generated ₹0.00 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Grasim Industries Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.0%-7.0%
5Y7.0%10Y10.5%-3.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.8%-10.8%
TTM-6.2%-6.2%
YOY-8.7%-8.7%
3Y-2.1%-2.1%
5Y7.0%2.8%+4.2%
10Y10.5%5.7%+4.8%
4.3.2.2. Operating Ratio

Measures how efficient Grasim is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ Other industry mean).
  • An Operation Ratio of 0.43 means that the operating costs are ₹0.43 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Grasim Industries Limited:

  • The MRQ is 0.427. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.427. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.427TTM0.4270.000
TTM0.427YOY0.383+0.044
TTM0.4275Y0.662-0.235
5Y0.66210Y0.993-0.331
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4271.491-1.064
TTM0.4271.498-1.071
YOY0.3831.519-1.136
3Y0.3821.533-1.151
5Y0.6621.515-0.853
10Y0.9931.506-0.513
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4.4.3. Liquidity of Grasim Industries Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Grasim is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ Other industry mean).
  • A Current Ratio of 0.97Β means the company has ₹0.97 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Grasim Industries Limited:

  • The MRQ is 0.971. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.971. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.971TTM0.9710.000
TTM0.971YOY0.981-0.010
TTM0.9715Y1.049-0.078
5Y1.04910Y1.156-0.107
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9711.393-0.422
TTM0.9711.380-0.409
YOY0.9811.503-0.522
3Y1.0331.487-0.454
5Y1.0491.522-0.473
10Y1.1561.476-0.320
4.4.3.2. Quick Ratio

Measures if Grasim is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ Grasim to theΒ Other industry mean.
  • A Quick Ratio of 0.58Β means the company can pay off ₹0.58 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Grasim Industries Limited:

  • The MRQ is 0.584. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.584. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.584TTM0.5840.000
TTM0.584YOY0.654-0.070
TTM0.5845Y0.668-0.085
5Y0.66810Y0.713-0.045
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5840.494+0.090
TTM0.5840.482+0.102
YOY0.6540.497+0.157
3Y0.7040.495+0.209
5Y0.6680.519+0.149
10Y0.7130.555+0.158
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4.5.4. Solvency of Grasim Industries Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of GrasimΒ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ Grasim to Other industry mean.
  • A Debt to Asset Ratio of 0.77Β means that Grasim assets areΒ financed with 76.6% credit (debt) and the remaining percentage (100% - 76.6%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of Grasim Industries Limited:

  • The MRQ is 0.766. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.766. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.766TTM0.7660.000
TTM0.766YOY0.738+0.028
TTM0.7665Y0.758+0.009
5Y0.75810Y0.638+0.119
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7660.556+0.210
TTM0.7660.564+0.202
YOY0.7380.540+0.198
3Y0.7530.539+0.214
5Y0.7580.567+0.191
10Y0.6380.577+0.061
4.5.4.2. Debt to Equity Ratio

Measures ifΒ Grasim is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ Grasim to theΒ Other industry mean.
  • A Debt to Equity ratio of 328.2% means that company has ₹3.28 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Grasim Industries Limited:

  • The MRQ is 3.282. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.282. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.282TTM3.2820.000
TTM3.282YOY2.823+0.459
TTM3.2825Y3.132+0.150
5Y3.13210Y2.235+0.897
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2821.270+2.012
TTM3.2821.359+1.923
YOY2.8231.259+1.564
3Y3.0641.439+1.625
5Y3.1321.433+1.699
10Y2.2351.478+0.757
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings Grasim generates.

  • Above 15 is considered overpriced butΒ always compareΒ Grasim to theΒ Other industry mean.
  • A PE ratio of 15.74 means the investor is paying ₹15.74Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Grasim Industries Limited:

  • The EOD is 27.458. Based on the earnings, the company is overpriced. -1
  • The MRQ is 15.745. Based on the earnings, the company is fair priced.
  • The TTM is 15.745. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD27.458MRQ15.745+11.713
MRQ15.745TTM15.7450.000
TTM15.745YOY14.516+1.229
TTM15.7455Y18.576-2.831
5Y18.57610Y37.259-18.683
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD27.45812.867+14.591
MRQ15.74513.609+2.136
TTM15.74512.438+3.307
YOY14.51612.113+2.403
3Y17.48610.003+7.483
5Y18.57613.781+4.795
10Y37.25912.889+24.370
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Grasim Industries Limited:

  • The EOD is -7.575. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.344. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -4.344. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.575MRQ-4.344-3.231
MRQ-4.344TTM-4.3440.000
TTM-4.344YOY1,238.075-1,242.419
TTM-4.3445Y246.841-251.185
5Y246.84110Y216.963+29.878
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD-7.5755.075-12.650
MRQ-4.3445.497-9.841
TTM-4.3445.735-10.079
YOY1,238.0754.130+1,233.945
3Y413.7220.265+413.457
5Y246.8413.402+243.439
10Y216.9631.825+215.138
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ Grasim is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to Other industry mean).
  • A PB ratio of 1.37 means the investor is paying ₹1.37Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Grasim Industries Limited:

  • The EOD is 2.381. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.365. Based on the equity, the company is underpriced. +1
  • The TTM is 1.365. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.381MRQ1.365+1.016
MRQ1.365TTM1.3650.000
TTM1.365YOY1.448-0.083
TTM1.3655Y1.159+0.206
5Y1.15910Y2.558-1.399
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD2.3811.240+1.141
MRQ1.3651.255+0.110
TTM1.3651.311+0.054
YOY1.4481.306+0.142
3Y1.4241.317+0.107
5Y1.1591.634-0.475
10Y2.5581.572+0.986
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets3,372,050,300
Total Liabilities2,584,630,400
Total Stockholder Equity787,419,900
 As reported
Total Liabilities 2,584,630,400
Total Stockholder Equity+ 787,419,900
Total Assets = 3,372,050,300

Assets

Total Assets3,372,050,300
Total Current Assets675,223,600
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 16,713,400
Short-term Investments 161,743,200
Net Receivables 59,122,100
Inventory 126,821,900
Other Current Assets 43,273,200
Total Current Assets  (as reported)675,223,600
Total Current Assets  (calculated)407,673,800
+/- 267,549,800
Long-term Assets
Property Plant Equipment 738,827,400
Goodwill 201,375,500
Intangible Assets 86,393,900
Long-term Assets  (as reported)0
Long-term Assets  (calculated)1,026,596,800
+/- 1,026,596,800

Liabilities & Shareholders' Equity

Total Current Liabilities695,329,900
Long-term Liabilities0
Total Stockholder Equity787,419,900
Total Current Liabilities
Short-term Debt 176,845,100
Total Current Liabilities  (as reported)695,329,900
Total Current Liabilities  (calculated)176,845,100
+/- 518,484,800
Long-term Liabilities
Long term Debt Total 681,231,900
Capital Lease Obligations Min Short Term Debt-176,845,100
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)504,386,800
+/- 504,386,800
Total Stockholder Equity
Common Stock1,316,900
Retained Earnings 525,548,100
Capital Surplus 272,560,900
Other Stockholders Equity -12,238,500
Total Stockholder Equity (as reported)787,419,900
Total Stockholder Equity (calculated)787,187,400
+/- 232,500
Other
Cash And Equivalents6,412,200
Cash and Short Term Investments 184,868,800
Common Stock Shares Outstanding 658,460
Liabilities and Stockholders Equity 3,372,050,300
Net Working Capital -20,106,300



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
477,477,800
540,515,700
595,954,800
627,675,900
2,079,200,800
2,411,739,300
2,444,529,700
2,675,542,100
2,893,948,300
3,372,050,300
3,372,050,3002,893,948,3002,675,542,1002,444,529,7002,411,739,3002,079,200,800627,675,900595,954,800540,515,700477,477,800
   > Total Current Assets 
139,623,300
131,840,700
150,765,600
184,584,000
403,091,600
498,805,700
523,854,200
602,752,400
567,676,900
675,223,600
675,223,600567,676,900602,752,400523,854,200498,805,700403,091,600184,584,000150,765,600131,840,700139,623,300
       Cash And Cash Equivalents 
3,966,900
4,397,100
17,400
23,070,200
5,750,800
249,000
30,728,000
25,918,900
17,362,700
16,713,400
16,713,40017,362,70025,918,90030,728,000249,0005,750,80023,070,20017,4004,397,1003,966,900
       Short-term Investments 
49,375,300
34,163,200
1,006,600
44,600
88,537,200
74,735,200
131,922,600
192,978,900
151,004,000
161,743,200
161,743,200151,004,000192,978,900131,922,60074,735,20088,537,20044,6001,006,60034,163,20049,375,300
       Net Receivables 
32,881,400
34,763,400
30,176,700
30,336,900
52,145,000
66,541,700
56,474,400
43,463,100
54,141,700
59,122,100
59,122,10054,141,70043,463,10056,474,40066,541,70052,145,00030,336,90030,176,70034,763,40032,881,400
       Inventory 
42,565,000
47,884,500
45,591,600
48,195,700
65,469,500
80,217,200
68,055,700
69,729,900
106,835,300
126,821,900
126,821,900106,835,30069,729,90068,055,70080,217,20065,469,50048,195,70045,591,60047,884,50042,565,000
       Other Current Assets 
10,834,700
10,632,500
9,420,000
7,095,300
43,487,100
82,908,100
85,775,800
82,668,900
53,406,200
43,273,200
43,273,20053,406,20082,668,90085,775,80082,908,10043,487,1007,095,3009,420,00010,632,50010,834,700
   > Long-term Assets 
0
0
0
443,091,900
1,676,183,500
1,804,908,600
1,920,704,600
0
0
0
0001,920,704,6001,804,908,6001,676,183,500443,091,900000
       Property Plant Equipment 
258,638,300
312,074,300
327,029,700
327,167,500
476,911,100
583,804,200
616,435,200
614,586,500
665,995,800
738,827,400
738,827,400665,995,800614,586,500616,435,200583,804,200476,911,100327,167,500327,029,700312,074,300258,638,300
       Goodwill 
32,768,200
32,834,000
30,155,200
29,943,900
161,918,100
213,463,900
200,465,000
200,138,600
200,585,000
201,375,500
201,375,500200,585,000200,138,600200,465,000213,463,900161,918,10029,943,90030,155,20032,834,00032,768,200
       Long Term Investments 
26,732,800
38,389,700
70,150,900
72,029,600
0
0
0
0
0
0
00000072,029,60070,150,90038,389,70026,732,800
       Intangible Assets 
1,127,700
922,800
3,406,700
3,725,600
76,643,000
101,522,400
97,659,700
93,037,400
89,383,500
86,393,900
86,393,90089,383,50093,037,40097,659,700101,522,40076,643,0003,725,6003,406,700922,8001,127,700
       Long-term Assets Other 
0
0
0
2,025,300
-363,198,100
13,948,900
35,625,100
0
0
0
00035,625,10013,948,900-363,198,1002,025,300000
> Total Liabilities 
191,975,400
232,300,300
321,661,700
313,807,800
1,505,582,300
1,831,544,100
1,878,006,400
2,020,601,500
2,136,966,000
2,584,630,400
2,584,630,4002,136,966,0002,020,601,5001,878,006,4001,831,544,1001,505,582,300313,807,800321,661,700232,300,300191,975,400
   > Total Current Liabilities 
85,503,700
131,200,700
144,629,800
109,224,900
425,219,600
487,654,500
466,639,600
525,078,000
578,844,700
695,329,900
695,329,900578,844,700525,078,000466,639,600487,654,500425,219,600109,224,900144,629,800131,200,70085,503,700
       Short-term Debt 
96,811,600
119,301,900
34,789,100
11,578,500
205,199,500
183,785,200
119,881,300
114,009,600
130,818,400
176,845,100
176,845,100130,818,400114,009,600119,881,300183,785,200205,199,50011,578,50034,789,100119,301,90096,811,600
       Short Long Term Debt 
96,811,600
119,301,900
125,048,300
92,130,300
262,733,800
263,808,100
119,881,300
0
0
0
000119,881,300263,808,100262,733,80092,130,300125,048,300119,301,90096,811,600
       Accounts payable 
32,498,600
23,522,400
23,955,400
30,688,200
50,296,800
60,837,000
66,885,900
0
0
0
00066,885,90060,837,00050,296,80030,688,20023,955,40023,522,40032,498,600
       Other Current Liabilities 
31,039,600
50,366,900
27,521,300
29,859,500
91,718,600
101,354,100
106,729,500
0
0
0
000106,729,500101,354,10091,718,60029,859,50027,521,30050,366,90031,039,600
   > Long-term Liabilities 
0
0
0
107,563,600
818,765,400
999,234,100
1,068,021,400
0
0
0
0001,068,021,400999,234,100818,765,400107,563,600000
       Long term Debt Total 
0
0
52,679,200
64,829,700
407,934,400
566,861,000
601,120,500
539,357,300
478,653,400
681,231,900
681,231,900478,653,400539,357,300601,120,500566,861,000407,934,40064,829,70052,679,20000
       Capital Lease Obligations 
0
0
0
20,100
51,200
11,600
15,618,400
0
0
0
00015,618,40011,60051,20020,100000
       Long-term Liabilities Other 
0
0
0
74,000
348,241,200
376,858,400
390,428,900
0
0
0
000390,428,900376,858,400348,241,20074,000000
       Deferred Long Term Liability 
0
0
0
0
92,800
64,300
43,900
0
0
0
00043,90064,30092,8000000
> Total Stockholder Equity
215,942,600
230,882,000
274,293,100
313,868,100
573,618,500
580,195,200
566,523,300
654,940,600
756,982,300
787,419,900
787,419,900756,982,300654,940,600566,523,300580,195,200573,618,500313,868,100274,293,100230,882,000215,942,600
   Common Stock
1,162,400
994,800
933,600
933,700
1,314,800
1,315,300
1,315,700
1,316,200
1,316,700
1,316,900
1,316,9001,316,7001,316,2001,315,7001,315,3001,314,800933,700933,600994,8001,162,400
   Retained Earnings 
210,588,600
223,587,300
253,418,300
281,760,200
305,855,600
347,831,700
565,207,600
393,704,400
463,454,700
525,548,100
525,548,100463,454,700393,704,400565,207,600347,831,700305,855,600281,760,200253,418,300223,587,300210,588,600
   Capital Surplus 
0
0
5,540,800
7,080,600
243,472,700
237,315,500
271,702,500
272,015,100
272,295,900
272,560,900
272,560,900272,295,900272,015,100271,702,500237,315,500243,472,7007,080,6005,540,80000
   Treasury Stock00-1,529,300-1,600,300-1,582,70000000
   Other Stockholders Equity 
3,499,300
3,919,400
13,972,000
23,676,300
21,729,500
-6,964,300
-60,296,700
-13,310,700
19,289,700
-12,238,500
-12,238,50019,289,700-13,310,700-60,296,700-6,964,30021,729,50023,676,30013,972,0003,919,4003,499,300



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue1,176,270,800
Cost of Revenue-502,091,400
Gross Profit674,179,400674,179,400
 
Operating Income (+$)
Gross Profit674,179,400
Operating Expense-0
Operating Income169,494,300674,179,400
 
Operating Expense (+$)
Research Development0
Selling General Administrative350,365,600
Selling And Marketing Expenses0
Operating Expense0350,365,600
 
Net Interest Income (+$)
Interest Income23,361,100
Interest Expense-4,400
Other Finance Cost-23,356,700
Net Interest Income0
 
Pretax Income (+$)
Operating Income169,494,300
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)147,267,100169,494,300
EBIT - interestExpense = -4,400
68,272,600
68,277,000
Interest Expense4,400
Earnings Before Interest and Taxes (EBIT)0147,271,500
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax147,267,100
Tax Provision-36,485,100
Net Income From Continuing Ops0110,782,000
Net Income68,272,600
Net Income Applicable To Common Shares68,272,600
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Grasim
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Grasim. The general trend of Grasim is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Grasim's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Grasim Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Grasim Industries Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: .

The bearish price targets are: 2,846 > 2,735 > 2,543.

Know someone who trades $500300? Share this with them.πŸ‘‡

Grasim Industries Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Grasim Industries Limited. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Grasim Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Grasim Industries Limited. The current macd is 51.78.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Grasim price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Grasim. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Grasim price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Grasim Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartGrasim Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Grasim Industries Limited. The current adx is 28.88.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Grasim shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Grasim Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Grasim Industries Limited. The current sar is 2,656.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Grasim Industries Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Grasim Industries Limited. The current rsi is 67.21. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Grasim Industries Limited Daily Relative Strength Index (RSI) ChartGrasim Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Grasim Industries Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Grasim price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Grasim Industries Limited Daily Stochastic Oscillator ChartGrasim Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Grasim Industries Limited. The current cci is 143.40.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Grasim Industries Limited Daily Commodity Channel Index (CCI) ChartGrasim Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Grasim Industries Limited. The current cmo is 43.99.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Grasim Industries Limited Daily Chande Momentum Oscillator (CMO) ChartGrasim Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Grasim Industries Limited. The current willr is -19.30560855.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Grasim Industries Limited Daily Williams %R ChartGrasim Industries Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of Grasim Industries Limited.

Grasim Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Grasim Industries Limited. The current atr is 56.67.

Grasim Industries Limited Daily Average True Range (ATR) ChartGrasim Industries Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Grasim Industries Limited. The current obv is 5,416,990.

Grasim Industries Limited Daily On-Balance Volume (OBV) ChartGrasim Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Grasim Industries Limited. The current mfi is 78.47.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Grasim Industries Limited Daily Money Flow Index (MFI) ChartGrasim Industries Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Grasim Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-02-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-23ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-05-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-25BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

Grasim Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Grasim Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5067.207
Ma 20Greater thanMa 502,700.010
Ma 50Greater thanMa 1002,698.073
Ma 100Greater thanMa 2002,595.618
OpenGreater thanClose2,864.850
Total4/5 (80.0%)
Penke
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