Grasim Industries Stock Gains 0.91% Over Three Days, Outperforms Sector

Grasim Industries, a prominent player in the Cement & Cement Products sector, has shown notable activity today, outperforming its sector by 0.27%. The stock has been on a positive trajectory, gaining for three consecutive days with a total return of 0.91% during this period. Today, Grasim opened at Rs 2789 and has maintained this price throughout the trading session.
With a market capitalization of Rs 1,89,198.16 crore, Grasim Industries boasts a P/E ratio of 43.32, which is above the industry average of 36.54. This indicates a strong market position within the cement sector, which has seen mixed results from 45 stocks, with 13 reporting positive outcomes.

In terms of performance metrics, Grasim Industries has delivered a 9.89% return over the past year, outperforming the Sensex, which recorded a 9.13% return. Year-to-date, the stock has achieved a 13.54% increase compared to the Sensex's 8.35%. Over the longer term, Grasim has shown impressive growth, with a 231.30% increase over five years, significantly surpassing the Sensex's 92.62% growth in the same period.