Q.
Why Grasim Industries Ltd share price fall too much about 20% today? Is it safe to invest on this share right now considering long (more than one year) term view.If anyone have any idea/information then please suggest me.
About: Grasim Industries Ltd.
Asked by sumit,
26 May '10 07:24 pm
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Answers (1)
1.
Against One grasim Ind. Share you will get one share of Samruddhi cement ( Rs. 10 PAid up) due to demerger of Grasim Cement division.
So price is reduced of Grasim share. Share is fundamentally very strong for Long term investment.
Answered by Priyal Shah, 30 May '10 03:20 pm
So price is reduced of Grasim share. Share is fundamentally very strong for Long term investment.
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