Grasim Industries Stock Gains 1.29%, Outperforms Sensex Over One Year

Grasim Industries, a prominent player in the Cement & Cement Products sector, has shown notable activity today, maintaining performance in line with the broader sector. The stock has experienced a positive trend over the past four days, achieving a cumulative return of 1.29%. Today, it opened at Rs 2799.7 and has consistently traded at this level.
With a market capitalization of Rs 1,89,191.36 crore, Grasim Industries boasts a P/E ratio of 43.64, which is above the industry average of 36.47. This reflects the company's strong market position within the cement industry, which has seen mixed results from 65 stocks, with 19 reporting positive outcomes.

In terms of performance metrics, Grasim Industries has delivered a 10.33% return over the past year, outperforming the Sensex, which recorded a 9.57% return. Year-to-date, the company has achieved a 13.53% increase, compared to the Sensex's 8.45%. Over the longer term, Grasim has demonstrated impressive growth, with a 5-year performance of 228.87% and a remarkable 10-year performance of 287.25%.