简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
abstrak:BENGALURU, Oct 16 (Reuters) - Indias Aditya Birla Group-owned Grasim Industries (GRAS.NS) said on Mo
BENGALURU, Oct 16 (Reuters) - Indias Aditya Birla Group-owned Grasim Industries (GRAS.NS) said on Monday it will raise up to 40 billion rupees ($480.64 million) through a rights issue of shares.
The fund raise comes a month after of the textile-to-chemicals maker announced plans to enter the paint business under the brand name Birla Opus in the fourth-quarter of fiscal 2024.
Grasim has also said it will invest 100 billion rupees towards setting up its paints business, as it seeks to challenge the market leader Asian Paints (ASPN.NS), which controls nearly half the countrys market share in the sector.
Shares of Grasim have risen 14.5% so far this year, outperforming the bluechip Nifty 50 (.NSEI) index, which rose 9%.
($1 = 83.2230 Indian rupees)
Disclaimer:
Ang mga pananaw sa artikulong ito ay kumakatawan lamang sa mga personal na pananaw ng may-akda at hindi bumubuo ng payo sa pamumuhunan para sa platform na ito. Ang platform na ito ay hindi ginagarantiyahan ang kawastuhan, pagkakumpleto at pagiging maagap na impormasyon ng artikulo, o mananagot din para sa anumang pagkawala na sanhi ng paggamit o pag-asa ng impormasyon ng artikulo.