Grasim Share Price Target 2024, 2025, 2027, 2030

Today in our blog we will explain the basic idea about Grasim Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, the company’s performance, etc.

Grasim Share Price Target is a trading share in the share market. In this article, we will discuss about company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly basis. We use data and analysis from experts to give a clear knowledge about Grasim Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s have a look at Grasim Share Price Target 2024 to 2030.

What is Grasim Industries Ltd?

Grasim Industries Limited was established in the year 1947 as a textile manufacturing company, but in the year 2021, the company started the paints business. The head office of the company is situated in Mumbai. The company is a part of Aditya Birla Group. Grasim Industries also worked as a chemicals and cement manufacturing unit.

Overview About Grasim Industries Ltd

The main exported product of Grasim Industries is Viscose Staple Fiber in India and 50 other countries outside of India. Grasim Industries also has different brunches like the production of textile raw materials like Viscose, the production of chemicals, and also linked cement production by Ultra Tech Cement.

Grasim Industry has experienced 76 Years and has 6 main plants for paint manufacturing in panIndia location. In the year 1972 Grasim Industries company also started to manufacture caustic soda. In the year 2016, Grasim Industries collaborated with Aditya Birla Chemicals India Ltd to extend its capacity of producing caustic soda.

Now Grasim Industries is one of the top caustic soda-producing companies with a capacity is 1,350 KTPA. For different business verification capacities, the company’s net profit and growth always increase rapidly. Grasim Share Price Target also increases paralally. Let’s have a look at Grasim Share Price Target 2024 to 2030.

Annual Performance Of Grasim Industries Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Grasim Share Price Target also depended upon the ratio which is described below.

Also Read– Globe Textile Share Price Target

Grasim Share Price Target 2024, 2025, 2027, 2030

Grasim Share Price Target is under the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). Grasim Share Price Target share has increased by +102.23 (4.98%) in the last 1 Month, and +583.23 (36.56%) in the last 1 Year. For a good business holding pattern of Grasim Industries the company gains good profit and Grasim Share Price Target also increases a huge amount. The diversification business policy of Grasim Industries never runs in loss it is a very positive sign for the company’s growth.

As a diversified manufacturing company, Grasim Industries always tries to innovate new products according to market demand and the company always takes a good concentration in the recharge and development team of the company. In the market of new technology, every company wants to innovate new useful classic products Grasim Industries is in the top position in this field.

For having good quality the sales growth of the company increases by 30% every year. As a growing company, it has approximately 23,455 employees. Grasim Share also gives good returns to investors. Let’s have a look at Grasim Share Price Target 2024 to 2030.

Grasim Share Price Target 2024

In the textile industry manufacturing units, the most demanding selling product is fabrics, including viscose staple fiber, grey fabric, and yarn. With the help of the subsidiary UltraTech Cement, Grasim Industries also entered the paints industry. Grasim Industries also has plans to expand 6 paint manufacturing plants and extend the manufacturing capacity to 1,332 MLPA at the end of the financial year 2025.

Being a diversified company the sales growth of the company increases rapidly. The net sales amount in the year 2022, March was ₹20,753.12 Crore in the year 2023, March it became ₹26,256.31 Crore. To increase sales amount Grasim Industries also tries to improve export facilities both domestically and internationally through good partnership and market holding capacity. If we look at the share price target forecast, 1st Price Target of Grasim Share Price Target 2024 is ₹2,725 and the 2nd Price Target is ₹3,141.96.

Grasim Share Price Target 2025

In the chemical industry, besides the production of caustic soda, Grasim Industries also produces epoxy, chlorine, cholar-alkali, and related chemicals. Those chemicals are used in paper, textiles, detergents, and the pharmaceutical industry. Grasim Industries has a joint venture with Aditya Birla Chemicals for chemical manufacturing. The sales growth of the chemical industry increased is 15.1% every year. In the time of chemical production, many toxic materials are also extracted which may be harmful to the environment but the company has a special team for controlling the environmental pollution.

Grasim Industries is now a debt-free company and the company has an efficient cash conversation cycle the company has a good interest cover ratio (8.12%) for the future for this reason company is always able to use capital to obtain products. One of the important things of the company is the product availability for all time for sufficient cash flow. If we look at the share price forecast for Grasim Share Price Target 2025, the 1st Price Target is ₹3,241.96 and the 2nd Price Target is ₹3,589.23.

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Grasim Share Price Target 2027

Grasim Industries has a part in the cement industry, in recent times the sales growth increase in the cement industry is 14% compared to the previous year. With the help of a subsidiary company UltraTech Cement, the company expanded its business on out pan-India basis. Grasim Industries itself has a brand value and behind a part of a good subsidiary company (Aditya Birla, Ultra Tech) the promoter holding capacity of the company is good which is 43%.

For good promoter holding capacity many good investors always want to invest the share. Through the company spread to different parts of the country the FII investors of the company are 12-13% which is a very positive sign for the company’s growth. For all favorable conditions, the overall profit growth of the company also increases up to 21% in the last 3 years. If we look at the share price forecast of Grasim Share Price Target 2027, the 1st Price Target is ₹3,952.41 and the 2nd Price Target is ₹4,352.85.

Grasim Share Price Target 2030

Grasim Share Price Target has been increasing rapidly for the last 2 years. In the last financial year 2023, on 8th May the Grasim Share Price Target was ₹1771.31 and the CAGR Return was 39.8%, In 2024, on 23rd February the amount became ₹2196.7 (at 2:45 pm). Grasim Share Price Target is a bullish trend in the recent timeshare market. If anyone wants to invest in the share it must be beneficial on a long-term basis.

Grasim Industries also has good revenue growth (19-20%) which is also a good side for the company’s growth. Grasim Industries also has a plan to expand its business to renewable sources of energy. All of the share price forecasts will be applicable if the company can the company’s overall performance, favorable market condition, etc. According to analyst Grasim Share Price Target may reach a high position by the year 2030. If we look at the forecast share price of Grasim Share Price Target 2030, the 1st Price Target is ₹5,125.12 and the 2nd Price Target is ₹5,423.74.

How To Purchase Grasim Industries Share?

The most common trading platform for purchasing the Grasim Industries Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Investors Types and The Ratio Of Grasim Share

There are mainly four main types of Investors in Grasim Share which are described below.

Grasim Industries Ltd Share Peer’s Company

• Andrew Yule
• BALMLAWRIE
• Birla Corporation
• Beardsell

Advantages and Disadvantages Of Grasim Share

Every Share has some advantages and some disadvantages. Grasim Share also has some advantages and disadvantages which are described below portion.

Advantages

• In the last 3 years, the profit growth of the company is 20% which is very effective for the company’s growth. Besides the company’s growth, Grasim Share Price Target also increases.
• Grasim Industries has good revenue growth of 19.12% which helps the company’s growth.
• The company is growing with zero promoter pledges which is good for the company’s growth.
• The book value amount of the company has increased in the last 2 years.

Disadvantages

• The company has a poor ROE which is 4.56% which negatively impacts in company’s growth.
• The company has a high EV/EBITDA value which is 46.12% and negatively impacts in company’s profit.

Also Read- Whirlpool Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about Grasim Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, Grasim Share Price Target may reach a very high position. Grasim Industries Ltd is related to the textiles, cement, and chemical producer sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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