GRASIM Share Price Target 2022, 2023, 2024, 2025, and 2030: Hi, thanks for your coming on Dehati Trader hope you all are well and doing awesome in your present. So today we are going to discuss one of the oldest and important companies in our country that is GRASIM. In the detailed analysis, we have described their technical analysis Past of quarterly and annual reports.
It is a developing Global Producer Of Viscose Staple Fibre, the biggest Chlor-Alkali, Linen, and conductor athlete through its Altratech Cement and Aditya Birla Capital, it is also the largest cement producer and developing financial services competitor. GRASIM Industries is an Indian manufacturing company based in Mumbai Maharashtra.
GRASIM Share Price Target 2022, 2023, 2024, 2025, And 2030
Grasim Industries Limited was incorporated in 1947 and it is also ranked 154 in a list of the world’s it was started in 1947 as textile manufacture by Dilip Gaur. Since then Grasim has been assorted into viscose staple fiber, cement, sponge iron, chemicals, and assorted financial services.
Technical Analysis Of GRASIM
Friends, now we are able to see the performance of the market. the shares of the company how to perform in the market in past years and how it will go to perform in future years to come which we have analyzed by the chart is described below which is known as technical analysis chart. Analysis of chart is based upon different tools, theories, and terms which are Elliot wave theory, Fibonacci retracement, support, and resistance.
As we are seeing in chart GRASIM in the monthly time frame acquire their lifetime high in the year 2017 after that as we see its continuously move in a downtrend till the year 2020 when their lowest share price. At currently the share price of GRASIM is shift around 1235 and they try to break out the downtrend line and also try to break out the support zone and also try to break out Fibonacci retracement so after seeing all these things in a chart we can predict a good uptrend momentum which helps GRASIM share price to go their life it will be high in upcoming years.
Share Price Target For GRASIM
Let's we are trying to predict a special possible target for the shares of GRASIM for the future years to come. There is a table attached below in which we can able to see the predicted target for every year according to the company athlete situation and All targets levels are based on a Fibonacci retracement, support, and resistance.
| Year | Target Of Grasim |
|---|---|
| 2022(Target-1) | Rs.1235 |
| (Target-2) | Rs.1561 |
| 2023(Target-1) | Rs.2002 |
| (Target-2) | Rs.2219 |
| 2024(Target-1) | Rs.2468 |
| (Target-2) | Rs.2755 |
| 2025(Target-1) | Rs.2985 |
| (Target-2) | Rs.3234 |
| 2030(Target-1) | Rs.3541 |
| (Target-2) | Rs.4758 |
GRASIM Share Price Target For 2022
If we will describe through the chart for predicting possible target for the year of 2022 we can place the first target of around Rs.1235 and a second possible target for the same year is about Rs.1561 these increase in share prices in the year 2022 is the result of investing their funds in developing new robotics which helps them.
GRASIM Share Price Target For 2023
Finally, we are talking about 2023, we can set the first likely target is around Rs.2002 and after attaining these numbers in that year we can set a second possible target for the year 2023 is around Rs.2219 which is the result of Their investment in producing energy from a renewable source which can be a masterstroke for this organization.
GRASIM Share price Target For 2024
In the year 2024, we can predict two possible targets which the shares of GRASIM will beat easily first is around Rs.2468 and the second is about Rs.2755 as I have told earlier that GASIM share prices will move in an uptrend in the future and share prices of this company share will increase day by day in the upcoming time.
GRASIM Share Price Target For 2025
We can predict the first target for the year 2025 is Rs.2985 and after achieving these values in the year 2025 they can show some downward movement for a while but surely move in an uptrend cause of their product need in an Indian market so we adjust the second likely to the goal which they can move around in the year 2025 is more about Rs.3234.
GRASIM Share Price Target For 2030
Yet to the end of this decagon GRASIM will emerge as a one of the best in their business according to their productivity. So, we predict the first achievement is around Rs.3541 and the second possible target which they can cross about Rs. (second price) and as we can see through the share price we can say this will be the lifetime high of GRASIM at the end of this decagon.
GRASIM Quarterly Report Analysis
As the data are given at ticker.finology.in we are telling you about company last year performance that how they perform in every quarter of last year if you find any mismatch of data from the official site of GRASIM. we are not going to be responsible for it.
If we talk about the first Quarter of the financial year 2020, the company made sales of Rs.1335.68cr. in which they made a loss of about Rs.1335.24cr. due to their investment in new techniques which help them in upcoming years. In the Second Quarter of the financial year 2020, Company made sales of Rs.3438.24cr. in which they made a profit of around Rs.360.22cr. after paying all the essential taxes which are the lowest in the the the whole year and it’s a final result.
If we are talking about the Third Quarter of 2020, the company made sales of almost Rs.3671.79cr. though which they made a profit of about Rs.377.26cr.after paying all the taxes which are pretty much higher than quarter profit as the Nationwide lockdown is removed. In the Last Quarter of 2020, the company made of sales of around.
GRASIM Annual Report Analysis
As the data are given at ticker.finology.in we are here to tell you about the company last year performances that how they perform in the last few years if you find any mismatch of data from the official site of GRASIM. we are not going to be responsible for it.
As the company's annual reports are given in the year 2017 company made net sales of Rs.10345.65cr. and make a profit out of it around Rs.1560cr. and In the following year, 2018 company made sales of about Rs.15785.81cr. make a profit of around Rs.1768.66cr. as I have told earlier GRASIM is a company after paying all the taxes. As the Data indicate for last 3 years company sales are increasing year by year but profit is stable because they invest their huge fund in grows new things which help them to create raw.
Conclusion
In this artical, We have done a detailed analysis of GRASIM. We were tried to include every aspect in our article which is really essential to know before investing in any specific company shares.
Before ending this artical, I am going to tell you some strength of GRASIM which is really important to become of the highest revenue-generating company.
Before ending this artical, I am going to tell you some strength of GRASIM which is really important to become of the highest revenue-generating company.
1. Largest producer of viscose staple fiber, cement, sponge iron, chemicals, and assorted financial services while nation.
2. Backing of the central government.
3. Well recognized brand name.
4. Strong Advertising and Branding of Company.
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