Grasim Industries Ltd. (BOM:500300)

QUOTE AND NEWS
Reuters  Oct 29  Comment 
(Versus the same period a year earlier, in billion rupees unless stated)
Commodity Online  Oct 5  Comment 
Birla group s flagship company Grasim Industries Ltd (BOM: 500300) tumbled on the Bombay Stock Exchange (BSE) after the company announced hiving off its cement business into Samruddhi Cement as a part of a consolidation plan of the croup s cement...
Reuters  Oct 1  Comment 
Indian diversified Grasim Industries Ltd said on Thursday its board would meet on Oct. 3 to consider restructuring its business.
Reuters  Jul 28  Comment 
Reuters - Three months ended June 30. (Versus the same period a year earlier, in billion rupees unless stated)
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Business Profile

Grasim Industries (GRASIM), a flagship company of the Aditya Birla group was incorporated in Aug. 25, 1947. The company`s principal business is manufacturing of viscose staple fibre (VSF), cement, sponge iron, chemicals and textiles. GRASIM operates in five segments: fibre & pulp, which includes viscose staple fiber and rayon grade pulp; chemicals, which include caustic soda and allied chemicals; cement, which includes grey and white cement; sponge iron, and textiles, which includes fabrics and yarn. GRASIM`s VSF operations are fully integrated, from pulp to garments, drawing upon resources from group companies located in Canada, Thailand and Indonesia

Grasim Industries has its manufacturing facilities spread across India. Between Grasim and its subsidiaries, the Group has 11 composite plants, 7 split grinding units, 4 bulk terminals, inclusive of 1 in Sri Lanka and 10 ready-mix concrete plants.

The company`s Grasim and Graviera range of fabrics signify the power of fashion.

GRASIM` s subsidiaries include UltraTech Cement, Shree Digvijay Cement Company, Samruddhi Swastik Trading And Investments, and Sun God Trading And Investment. On Sep. 07, 2006 Grasim Industries acquired Harish Cement, located in Himachal Pradesh, India. In September, the company announced that it has incorporated a new subsidiary, Grasim Bhiwani Textiles.

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