Grasim Industries Shows Strong Long-Term Performance Amidst Sector Underperformance

Grasim Industries, a prominent player in the Cement & Cement Products sector, has shown notable activity today, trading at Rs 2772.05. The stock is currently 4.53% away from its 52-week high of Rs 2897.55. Despite a three-day consecutive gain of 1.17%, Grasim Industries underperformed its sector by 1.49% today.
With a market capitalization of Rs 1,91,392.01 crore, Grasim Industries maintains a price-to-earnings (P/E) ratio of 44.26, closely aligned with the industry average of 44.35. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short to long-term performance trend.

In terms of broader performance metrics, Grasim Industries has outperformed the Sensex across various time frames. Over the past year, the stock has risen by 7.96%, compared to the Sensex's 1.40%. Year-to-date, it has delivered a return of 14.85%, significantly higher than the Sensex's 4.38%. Over the last five years, Grasim Industries has achieved an impressive 322.97% return, outperforming the Sensex's 111.70%.