GRASIM NEWS why is Grasim Industries Limited price falling or rising

GRASIM NEWS reasons for why stock price of Grasim Industries Limited is falling or rising

GRASIM Grasim Industries is falling or rising technical reasons

Technical analysis forecast for Grasim Industries Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Grasim Industries GRASIM at this time. Stock is falling and might fall more.

It appears as if Grasim Industries GRASIM gave a large move recently.

Stock of Grasim Industries (GRASIM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Grasim Industries is bearish for shortterm, and stock might move down till 2365.9 or till 2323.3. Use a stoploss of 2401.27 and if the stock hits stoploss, then it can shoot up till 2436.69

GRASIM Grasim Industries is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-05-29

Grasim promotor Birla Group hikes stake by 4.09% to 23.18% in company There has been no change in the promoter/promoter group's total holding in the company, which remains at 43.06%. Shares of Grasim Industries closed at Rs 2,435.10 on the NSE on Tuesday, rising by Rs 44.45 or 1.86%. A part of the Aditya Birla Group, Grasim - NEWS as on 2024-05-28 indiatimes.com

Company Announcement Intimation under Regulations 33 and 47 of the SEBI (LODR) Regulations, 2015 - NEWS as on 2024-05-24

Company Announcement Intimation of re-schedule of Analysts / Institutional Investor Meeting. - NEWS as on 2024-05-24

Company Announcement Grasim Industries Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-05-23

Grasim Q4 revenue at record Rs 37,727 crore While operating profit of the flagship company of the Aditya Birla Group jumped by a little over a fourth to ₹6,196 crore during the quarter, also an all-time high, the net profit remained flat on year at ₹1,370 crore. Adjusted for an exceptional item - NEWS as on 2024-05-23 indiatimes.com

Grasim Industries Q4 results: Net profit rises 15.5% to Rs 2,721.81 cr Grasim Q4 results: The board recommended dividend of Rs 10 per equity share for FY24 - NEWS as on 2024-05-22 business-standard.com

More announcements and NEWS

GRASIM Grasim Industries Limited current price & indicator signals

Moving Averages for Grasim Industries Limited

  • 5Day Average: 2425.28
  • 12Day Average: 2415.17
  • 20Day Average: 2413.42
  • 50Day Average: 2328.17
  • 100Day Average: 2230.92
  • 150Day Average: 2154.03
  • 200Day Average: 2085.51

GRASIM Indicators & signals

Indicator MACD (12,26,9)

2415.06, 2388.83, 31.42
Indicator MACD is in positive zone

Indicator ADX (14)

9.24, 17.48, 21.04
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GRASIM Grasim Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Wed May 2024 2400.60 2393.25 to 2460.00 -1.63% 1.46 times
28 Tue May 2024 2440.35 2392.70 to 2469.95 2.08% 1.18 times
27 Mon May 2024 2390.65 2385.95 to 2455.70 -2.06% 1.2 times
24 Fri May 2024 2441.00 2431.60 to 2474.80 -0.52% 0.65 times
23 Thu May 2024 2453.80 2395.65 to 2461.90 0.7% 1.47 times
22 Wed May 2024 2436.65 2418.30 to 2463.05 -0.41% 0.97 times
21 Tue May 2024 2446.65 2406.40 to 2449.95 0.51% 0.75 times
18 Sat May 2024 2434.35 2424.35 to 2448.50 0.44% 0.06 times
17 Fri May 2024 2423.65 2374.00 to 2433.65 2.15% 1.59 times
16 Thu May 2024 2372.60 2310.20 to 2386.00 0.12% 1.59 times
15 Wed May 2024 2369.70 2366.20 to 2403.95 -0.1% 0.54 times
14 Tue May 2024 2372.05 2362.10 to 2396.85 -0.55% 0.57 times

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