GRASIM.NS Live signals | Maximize Profits with Getagraph.com

Live Chart Being Loaded With Signals

Commentary (13 May 2024 @ 06:00):

Stats
Today's Volume	511 229
Average Volume	877 275
Market Cap	1 623.25B
EPS	INR0 ( 2024-02-08 )
Next earnings date	( INR2.30 ) 2024-05-24
Last Dividend	INR10.00 ( 2023-08-11 )
Next Dividend	INR0 ( N/A )
P/E	27.95
ATR14	INR2.47 (0.10%)

Volume Correlation

Long: 0.22 (neutral)

Short: 0.87 (strong)

Signal:(40.248) Same movement expected

Grasim Industries Limited Correlation

10 Most Positive Correlations
DALALSTCOM.NS	0.923
PAEL.NS	0.879
COLPAL.NS	0.851
JAICORPLTD.NS	0.831
TCPLPACK.NS	0.811
ICICIBANK.NS	0.81
EQ30.NS	0.808

10 Most Negative Correlations
JIKIND.NS	-0.868
MBAPL.NS	-0.861
SEPC.NS	-0.83
IMFA.NS	-0.81

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Grasim Industries Limited Correlation - Currency/Commodity

0.25
( neutral )

0.41
( neutral )

-0.41
( neutral )

0.29
( neutral )

0.01
( neutral )

-0.01
( neutral )

Grasim Industries Limited Financials

Annual	2022
Revenue:	INR1 176.27B
Gross Profit:	INR616.55B (52.42 %)
EPS:	INR103.56

FY	2022
Revenue:	INR1 176.27B
Gross Profit:	INR616.55B (52.42 %)
EPS:	INR103.56

FY	2022
Revenue:	INR945.89B
Gross Profit:	INR465.47B (49.21 %)
EPS:	INR162.80

FY	2021
Revenue:	INR757.33B
Gross Profit:	INR361.90B (47.79 %)
EPS:	INR65.57

Financial Reports:

No articles found.

Grasim Industries Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR5.00 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR10.00 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

Grasim Industries Limited Dividend Information - Dividend Junior

Dividend Sustainability Score: 5.72 - average (57.66%) | Divividend Growth Potential Score: 3.44 - Decrease likely (31.24%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR1.800	2002-07-16
Last Dividend	INR10.00	2023-08-11
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	22	--
Total Paid Out	INR104.30	--
Avg. Dividend % Per Year	0.31%	--
Score	2.22	--
Div. Sustainability Score	5.72
Div.Growth Potential Score	3.44
Div. Directional Score	4.58	--

Next Divdend (Est)
(2024-07-01)

INR10.93 Estimate 3.12 %

Dividend Stability

0.25 Very Poor

Dividend Score

2.22

Pay Frequency

Annually

Yearly Payout

Year	Amount	Yield
2002	INR0	0.00%
2003	INR0	0.00%
2004	INR0	0.00%
2005	INR0	0.00%
2006	INR0	0.00%
2007	INR0	0.00%
2008	INR0	0.00%
2009	INR0	0.00%
2010	INR0	0.00%
2011	INR0	0.00%
2012	INR0	0.00%
2013	INR0	0.00%
2014	INR0	0.00%
2015	INR0	0.00%
2016	INR0	0.00%
2017	INR0	0.00%
2018	INR6.20	0.58%
2019	INR7.00	0.84%
2020	INR4.00	0.54%
2021	INR4.00	0.43%
2022	INR5.00	0.30%
2023	INR10.00	0.58%
2024	INR0	0.00%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
SHALBY.NS	Dividend Junior	2023-08-08	Annually	6	0.51%
MANAKCOAT.NS	Dividend Junior	2023-08-22	Sporadic	4	0.09%
GODREJAGRO.NS	Dividend Junior	2023-07-27	Annually	7	1.16%
AUSOMENT.NS	No Dividend Player	2023-09-22	Sporadic	5	0.53%
TRU.NS	Dividend Junior	2023-09-18	Annually	3	0.01%
PITTIENG.NS	Dividend Junior	2023-08-11	Annually	18	0.51%
JINDRILL.NS	Dividend Junior	2023-08-14	Annually	18	0.23%
DEEPINDS.NS	Dividend Junior	2023-09-18	Annually	4	1.00%
SOBHA.NS	Dividend Junior	2023-07-28	Annually	18	0.43%
MINDTECK.NS	Dividend Junior	2023-08-04	Sporadic	8	0.28%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.0444	1.500	9.11	10.00	[0 - 0.5]
returnOnAssetsTTM	0.0144	1.200	9.52	10.00	[0 - 0.3]
returnOnEquityTTM	0.0682	1.500	-0.354	-0.531	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	0	0.800	-5.00	-4.00	[1 - 3]
quickRatioTTM	0	0.800	-4.71	-3.76	[0.8 - 2.5]
cashRatioTTM	0	1.500	-1.111	-1.667	[0.2 - 2]
debtRatioTTM	0.322	-1.500	4.63	-6.94	[0 - 0.6]
interestCoverageTTM	13.56	1.000	6.09	6.09	[3 - 30]
operatingCashFlowPerShareTTM	113.28	2.00	10.00	10.00	[0 - 30]
freeCashFlowPerShareTTM	113.28	2.00	10.00	10.00	[0 - 20]
debtEquityRatioTTM	1.447	-1.500	4.21	-6.32	[0 - 2.5]
grossProfitMarginTTM	0.522	1.000	4.63	4.63	[0.2 - 0.8]
operatingProfitMarginTTM	0.156	1.000	8.87	8.87	[0.1 - 0.6]
cashFlowToDebtRatioTTM	0.0592	1.000	-0.782	-0.782	[0.2 - 2]
assetTurnoverTTM	0.324	0.800	-1.175	-0.940	[0.5 - 2]
Total Score				5.72

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	27.65	1.000	7.31	0	[1 - 100]
returnOnEquityTTM	0.0682	2.50	-0.227	-0.531	[0.1 - 1.5]
freeCashFlowPerShareTTM	113.28	2.00	10.00	10.00	[0 - 30]
dividendYielPercentageTTM	0.422	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	113.28	2.00	10.00	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	0.367	1.500	-0.888	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0589	1.000	-1.027	0	[0.1 - 0.5]
Total Score				3.44

Grasim Industries Limited

Grasim Industries Limited operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Viscose, Chemicals, Cement, Financial Services, and Others segments. It provides viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; wood pulp products; viscose filament yarn, a natural fibre for manufacturing fabrics; and textile products, such as linen and wool. The company also offers various chemical products, including chlor-alkali and epoxy resin products; and fertilizers comprising neem-coated urea, soil and crop specific customised fertilizers, seeds, agrochemicals, and plant and soil health products under the Birla Shaktiman brand name. In addition, it provides electrical insulators for transmission lines and substations, as well as equipment and railways. Further, the company offers grey cement; white cement under the Birla White brand; ready mix concrete; and cement-based putty. Additionally, it provides various financial services comprising non-bank financial, life insurance, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance services. The company is also involved in solar power designing, engineering procurement, and commissioning business. Grasim Industries Limited was incorporated in 1947 and is based in Mumbai, India.