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Grasim Stock at ₹2,900.30: What the October 13, 2026 Snapshot Shows

AD HOC NEWS reported Grasim at ₹2,900.30 at 1:29 p.m. IST on October 13, 2026, and a P/E of 17.09. Here is what those dated figures do—and do not—show.
From TheFinanceBase Team3 min to read
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AD HOC NEWS reported Grasim Industries (NSE: GRASIM; ISIN INE047A01021) at ₹2,900.30 at 1:29 p.m. IST on October 13, 2026, with a stated price-to-earnings ratio (P/E) of 17.09. The article also reported a previous NSE close of ₹2,858.00 and an intraday gain of 1.48%. These are dated figures, not a live quote or an investment recommendation.

Grasim share price and valuation snapshot

The October 13, 2026 AD HOC NEWS article gives the following market figures. The quote is specifically an intraday observation at 1:29 p.m. IST; prices and valuation measures can change with trading and updated earnings.

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Measure Figure reported Context
Intraday share price ₹2,900.30 At 1:29 p.m. IST, October 13, 2026
Previous NSE close ₹2,858.00 As stated in the article
Intraday change +1.48% As stated in the article
P/E 17.09 The article does not state the earnings period or calculation convention
52-week range ₹2,502.50–₹3,411.10 As reported October 13, 2026
Market capitalization ₹1.98 trillion As reported October 13, 2026

Read the AD HOC NEWS stock snapshot. The figures above are attributed to that article and were not independently verified against an exchange feed here.

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What the 17.09 P/E does—and does not—tell you

P/E divides a company’s share price by earnings per share. It is a shorthand for how the market price compares with a measure of earnings, but it is meaningful only when the earnings denominator and reporting basis are understood. AD HOC NEWS gives 17.09 without saying whether it is trailing, forward-looking, or calculated on another basis. Treat it as the article’s stated multiple, not as a fully specified valuation measure.

The article also reports year-to-date performance of +1.75% for Grasim and −13.84% for the Nifty 50. Those figures are dated comparisons reported by the same article; they do not establish why either value changed or predict future returns.

Why Grasim is not a single-industry business

Grasim Industries describes itself as an Aditya Birla Group flagship and diversified company. Its activities span cellulosic fibres, chemicals, building materials including cement and decorative paints, B2B e-commerce, financial services and other businesses. Its consolidated results and valuation therefore reflect several business lines rather than one pure-play industry exposure.

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For fiscal year 2026, Grasim reported consolidated revenue of ₹1,75,431 crore and EBITDA of ₹25,872 crore. For Q4FY26, it reported revenue of ₹51,101 crore and EBITDA of ₹8,011 crore. These are company-reported fiscal-period results, not market figures from the October 13 share-price snapshot. The company’s FY26 release also highlighted growth in paint revenue, cellulosic fibre, chemical sales volumes, cement capacity, B2B e-commerce and financial-services lending portfolio.

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See Grasim’s financial-results information for company reporting and investor materials.

How to read the peer P/E comparison

The AD HOC NEWS article lists P/E figures of 37.05 for UltraTech Cement and 47.83 for Asian Paints alongside Grasim’s 17.09. The article does not specify the earnings period or calculation convention for these multiples. The companies also have different business mixes: the comparison does not control for segment exposure, earnings growth, profitability or market capitalization.

On those terms, the figures are only a dated comparison as presented by the article. A lower reported P/E alone does not prove that Grasim is cheap, or that either peer is expensive. A like-for-like assessment would need a consistent earnings basis, comparable dates, current financial results and analysis of the companies’ businesses.

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What an investor should verify before relying on the figures

  • Price and timestamp: Check an authoritative exchange quote for the relevant trading session; ₹2,900.30 is the article’s 1:29 p.m. IST observation on October 13, 2026, not a current price beyond that time.
  • P/E method: Establish whether the multiple uses trailing or forecast earnings and whether earnings are consolidated or otherwise defined. That basis is not supplied with the 17.09 figure.
  • Company results: Use the latest company filings and results available for the date you are evaluating. FY26 annual figures describe a completed fiscal year, not subsequent performance.
  • Business mix: Consider the varied operating segments and how their performance contributes to consolidated earnings.
  • Comparison basis: When comparing peers, align the date, earnings basis, business exposure, market capitalization and growth/profitability measures.

A dated price and an incompletely specified P/E can orient a reader, but they are not enough by themselves to make an investment decision.

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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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