Grasim stock falls 1.17 percent on October 8

Published on 10/08/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grasim stock sits 15.4 percent below its INR 3,411.10 52-week high on October 8, 2026. Q1 FY27 revenue rose 21.43 percent to INR 487.162 billion and adjusted PAT 51.06 percent.

Grasim, INE047A01021, Illustration mit AI erstellt.

Grasim Industries Limited (ISIN INE047A01021) fell 1.17 percent to INR 2,887 on the NSE on October 8, 2026, at 12:53 p.m. IST. The move leaves the diversified Indian group 15.4 percent below its 52-week high, while its latest quarterly figures show sharp year-over-year growth.

Stock falls during October 8 session

Grasim stock opened at INR 2,909 and traded between INR 2,853.50 and INR 2,919.90 during the session. Volume stood at 230,918 shares, and the company's market capitalization was INR 2.0 trillion as of October 8, 2026.

The 52-week range was INR 2,502.50 to INR 3,411.10. The current price therefore sits INR 524.10 below the yearly high, a gap of 15.4 percent calculated against the high.

Q1 revenue rises 21.43 percent

On August 12, 2026, Sahi Markets reported that Grasim's consolidated Q1 FY27 revenue rose 21.43 percent year over year to INR 487.162 billion, converted from INR 48,716.20 crore. Consolidated adjusted profit after tax climbed 51.06 percent to INR 21.4591 billion, converted from INR 2,145.91 crore.

The same Q1 period also marked a standalone turnaround. Grasim recorded standalone net profit of INR 2.47 billion, converted from INR 247 crore, compared with a standalone net loss of INR 1.18 billion in Q1 FY26, converted from INR 118 crore.

Canadian pulp remains a risk factor

A separate operating issue concerns Grasim's 45 percent-owned AV Group NB joint venture. Sahi Markets reported on September 18, 2026, that the Nackawic facility in Canada would temporarily halt operations around the end of October 2026.

The facility represents 190,000 tonnes per year of capacity, while Grasim's investment in the joint venture totals INR 1.8741 billion, converted from INR 187.41 crore. For investors, the contrast is clear: domestic Q1 earnings improved sharply, but the pulp business still carries exposure to weak global market conditions.

Stock stays below its yearly high

Grasim stock's INR 2,887 session price on the NSE on October 8, 2026, places the shares between the INR 2,502.50 yearly low and INR 3,411.10 yearly high, with the latest market value at INR 2.0 trillion.