Grasim Industries announces positive outlook for VSF and Cement

Grasim Industries Ltd has announced about the following Outlook: VSF and Cement will continue to be the growth enablers. Besides, the Company's financial framework enables it to pursue aggressive business growth strategies while retaining the prudent capital structure. The cost optimization measures, sweating of assets, far-sighted financial management and above all, the Company's solid fundamentals, will have a salutary effect on the Company's future. The prospects for the Company continue to be positive.

The company's stock closed the day at Rs.13.65, up by Rs.0.05 or 0.37%. The stock hit an intraday high of Rs.13.65 and low of Rs.12.95. The total traded quantity was 2450 compared to 2 week average of 5636.

Source : Equity Bulls

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