NSE: GRASIM · 26 October 2026
- Grasim Industries Ltd shares moved higher today, gaining 1.94% to close at ₹2,950.00 compared to its previous close of ₹2,894.00. The stock opened at ₹2,78.20 and traded across a day's range of ₹2,858.00 to ₹2,950.00, touching its intraday high at the close.
- Grasim Industries announced the commencement of commercial production at its Epichlorohydrin manufacturing facility located in Vilayat, Gujarat, effective 21 October 2026. The plant has an installed production capacity of 50,000 tonnes per annum. This marks a significant milestone in the company's growth strategy aimed at strengthening its downstream chlor-alkali derivatives portfolio.
- Trading volume was 0.46 times the 20-day average daily volume.
Why is Grasim Industries share price rising on 26 October 2026?
Grasim Industries Ltd shares moved higher today, gaining 1.94% to close at ₹2,950.00 compared to its previous close of ₹2,894.00. The stock opened at ₹2,78.20 and traded across a day's range of ₹2,858.00 to ₹2,950.00, touching its intraday high at the close.
The broader market and sector backdrop provided supportive conditions for the move. The benchmark Nifty rose by 0.68%, while the Nifty Metal sector index advanced by 2.21%. Over a longer horizon, Grasim has experienced a 20-day return of -6.84%, though it holds a 5-day return of 1.03%, reflecting a modest recovery from recent downside pressure.
Company developments over recent weeks include the commencement of commercial production at its new Epichlorohydrin (ECH) plant in Vilayat, Gujarat, with an installed capacity of 50,000 tonnes per annum. Additionally, the company responded to exchange inquiries regarding a news report about a tax claim, clarifying that the Bombay High Court quashed a reassessment notice issued by the Income Tax Department concerning alleged income from the Vodafone Idea rights issue in FY 2019-20, and noted that the matter had no material financial or operational impact.
2.14 lakh shares traded by 26 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 4.66 lakh shares (0.46 times). The five-day average daily volume was 3.33 lakh shares. Separately, the NSE report for 23 October 2026 showed 1.50 lakh shares delivered, representing 47.74% of that day’s traded volume. The same report recorded 26,849 trades.
The upward price movement aligns with positive sector momentum in benchmark indices and recent operational progress, including the commissioning of the ECH plant and resolution of tax reassessment uncertainty.
Latest Company Developments
Grasim Industries announced the commencement of commercial production at its Epichlorohydrin manufacturing facility located in Vilayat, Gujarat, effective 21 October 2026. The plant has an installed production capacity of 50,000 tonnes per annum. This marks a significant milestone in the company's growth strategy aimed at strengthening its downstream chlor-alkali derivatives portfolio.
Expands operational capacity in high-margin specialty chemicals, supporting long-term segment diversification.
In response to stock exchange clarifications regarding a news article, Grasim clarified that the Bombay High Court on 22 October 2026 quashed an Income Tax Department reassessment notice related to FY 2019-20. The company noted that the notice only proposed reassessment of alleged income of ₹329 crore and did not constitute a tax demand, and confirmed the matter has no material financial or operational impact.
Allays regulatory and investor concerns regarding potential tax liabilities, reinforcing disclosure transparency.
NSE Sustainability Ratings and Analytics Limited independently assigned Grasim an ESG score of 65, placing it in the 'Aspiring' rating category for FY 2026 compared to 64 in FY 2025. The company stated it did not formally engage the agency, and the rating was derived independently from publicly available data.
Highlights incremental improvements in sustainability governance metrics tracked by institutional investors.
The Exchange has sought clarification from Grasim Industries Limited with respect to recent news item captioned Bombay HC Quashes Rs 329 Crore Tax Claim Against Grasim Over Vodafone Idea Rights Issue.. The response from the Company is attached.
Grasim Q1 results: Profit jumps 39% to ₹3,846 cr, operating revenue up 21%.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 5.50% on 30 September 2026. This compares with 6.38% on 30 June 2026, a change of -0.88 percentage points.
The filing reported 52 MF/UTI holders.
Research & Brokerage Views
Analyst Ruchit Jain suggested Grasim shares for short-term accumulation based on technical structure and sector momentum.
What to Watch Next
- Execution and volume ramp-up at the newly commissioned Vilayat ECH plant
- Performance of the Birla Opus decorative paints business segment
- Quarterly financial results and management guidance on core segment margins
- Delivery volume trends relative to the 20-day average volume
Other Dated Coverage
- Grasim Industries Share Price Today: Why GRASIM Is Falling 0.48% | 23 October 2026 — 23 October 2026
- Grasim Industries Share Price Today: Why GRASIM Is Falling 0.42% | 22 October 2026 — 22 October 2026
- Why Grasim Shares Fell 3.26% Today Amid Heavy Volume | 1 October 2026 — 1 October 2026
More Grasim Industries news and dated analysis →
Frequently Asked Questions
What is the latest Grasim Industries company news?
Grasim Industries announced the commencement of commercial production at its Epichlorohydrin manufacturing facility located in Vilayat, Gujarat, effective 21 October 2026. The plant has an installed production capacity of 50,000 tonnes per annum. This marks a significant milestone in the company's growth strategy aimed at strengthening its downstream chlor-alkali derivatives portfolio.
How strong was Grasim Industries’s trading volume?
2.14 lakh shares traded, 0.46 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.