Grasim Industries Ltd Stock Hits All-Time High at Rs.2980.05

Record-Breaking Price Movement

On 11 Feb 2026, Grasim Industries Ltd touched Rs.2980.05, surpassing its previous 52-week high and setting a fresh benchmark for the stock. Despite a slight decline of 0.87% on the day, the stock remains well above its key moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This price action reflects strong underlying momentum and investor confidence in the company’s fundamentals.

Intraday volatility was notably high at 136.78%, indicating active trading and dynamic price swings throughout the session. The stock underperformed its sector by 2.27% today and recorded a minor reversal after two consecutive days of gains, yet its overall trend remains upward.

Consistent Outperformance Against Benchmarks

Grasim Industries Ltd has demonstrated remarkable resilience and growth over multiple time horizons when compared to the broader market benchmark, the Sensex. The stock’s 1-day performance was marginally negative at -0.59%, while the Sensex gained 0.06%. However, over longer periods, Grasim has outpaced the Sensex significantly:

• 1 Week: +3.24% vs Sensex +0.61%
• 1 Month: +5.82% vs Sensex +0.90%
• 3 Months: +5.82% vs Sensex +0.54%
• 1 Year: +17.84% vs Sensex +10.53%
• Year-to-date: +3.78% vs Sensex -1.05%
• 3 Years: +80.24% vs Sensex +38.96%
• 5 Years: +138.75% vs Sensex +63.64%
• 10 Years: +337.03% vs Sensex +267.40%

This consistent outperformance highlights Grasim’s ability to generate sustained shareholder value over both short and long-term periods.

Financial Performance Driving the Milestone

Grasim Industries Ltd’s recent quarterly results underpin the stock’s strong price performance. For the quarter ending December 2025, the company reported a Profit Before Tax excluding other income (PBT LESS OI) of Rs.2,985.38 crores, reflecting a robust growth rate of 54.19%. Net Profit After Tax (PAT) for the same period stood at Rs.1,182.93 crores, marking a 44.2% increase year-on-year.

Cash and cash equivalents reached a record high of Rs.8,106.75 crores in the half-year period, providing the company with ample liquidity to support its operations and strategic initiatives.

On a broader scale, Grasim has maintained healthy long-term growth with net sales expanding at an annual rate of 17.75% and operating profit growing at 16.36%. These figures reflect the company’s ability to scale its business efficiently while managing costs effectively.

Valuation and Efficiency Metrics

The company’s Return on Capital Employed (ROCE) stands at 8.9%, indicating a solid return on investments relative to capital employed. Additionally, Grasim’s Enterprise Value to Capital Employed ratio is 1.4, suggesting an attractive valuation compared to its peers. The stock currently trades at a discount relative to the average historical valuations of its sector counterparts, offering a compelling valuation profile.

Despite a slight decline in profits by 8.7% over the past year, the stock has generated a return of 17.51%, demonstrating resilience and market confidence in its business model.

Institutional Confidence and Market Position

Institutional investors hold a significant 34.03% stake in Grasim Industries Ltd, reflecting strong backing from entities with extensive analytical capabilities and resources. This level of institutional ownership often correlates with enhanced market stability and confidence in the company’s fundamentals.

With a market capitalisation of Rs.2,01,094 crores, Grasim is the second-largest company in the Cement & Cement Products sector, trailing only UltraTech Cement. It accounts for 18.93% of the sector’s total market capitalisation, underscoring its prominence. The company’s annual sales of Rs.159,663.26 crores represent 36.76% of the industry’s total sales, further highlighting its dominant market position.

Mojo Score and Rating Upgrade

Reflecting its strong fundamentals and market performance, Grasim Industries Ltd holds a Mojo Score of 78.0, categorised under the ‘Buy’ grade. This represents an upgrade from its previous ‘Hold’ rating as of 19 Jan 2026. The company’s Market Cap Grade is 1, indicating its status as a large-cap stock with significant market influence.

While the stock experienced a minor dip today, its overall trend remains positive, supported by strong financial metrics and sector leadership.

Summary of Key Metrics

To summarise, Grasim Industries Ltd’s recent all-time high price of Rs.2980.05 is supported by:

• Robust quarterly earnings growth with PBT LESS OI up 54.19% and PAT up 44.2%
• Strong long-term sales and operating profit growth at 17.75% and 16.36% annually
• High cash reserves of Rs.8,106.75 crores
• Attractive valuation with ROCE of 8.9% and EV/Capital Employed of 1.4
• Significant institutional ownership at 34.03%
• Consistent outperformance against Sensex and sector peers over multiple time frames
• Market capitalisation of Rs.2,01,094 crores, second largest in the sector

These factors collectively underpin the stock’s milestone achievement and reinforce its position as a key player in the Cement & Cement Products industry.

Market Context and Sector Positioning

Grasim’s leadership in the sector is further emphasised by its contribution of nearly 19% to the sector’s market capitalisation and over one-third of the industry’s sales. This dominant presence provides the company with scale advantages and market influence that support its sustained growth and valuation premium.

Despite today’s slight underperformance relative to the Sensex and sector, the stock’s long-term trajectory remains upward, supported by strong fundamentals and a favourable market position.

Conclusion

Grasim Industries Ltd’s attainment of an all-time high price of Rs.2980.05 marks a significant milestone in its corporate journey. The company’s strong financial performance, attractive valuation metrics, and dominant sector presence have collectively driven this achievement. While short-term price fluctuations are evident, the stock’s consistent outperformance and robust fundamentals underscore its established position in the Cement & Cement Products sector.

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