On NSE, Granules India Ltd is quoting Rs 316.6, down 0.69%. The stock slipped to 5.76% in 2022 compared to a 3.24% rally in Nifty and an 11.46% fall in the Nifty Metal index.

On January 2, 2023, Granules India Ltd was down for a fifth straight session. The stock is quoted at Rs 316.6, down 0.69%. The benchmark Nifty is up around 0.5% daily, with 18,196.45. The Sensex is at 61167.6, up 0.54%. Granules India Ltd lost about 7.2% on December 2022. 

Meanwhile, the Nifty Metal index, which includes Granules India Ltd, has lost about 3.98% in the last month and was last quoted at 12,597.6, down 0.51% on the day. On January 2, 2023, the stock’s volume was 276,000 shares, compared to the December 2022 average daily volume of 10 lakh shares.

In the January futures contract, the benchmark for the stock is quoted at Rs 319.35, down 0.37% on the day. Granules India Ltd tumbled 5.76% in 2021 compared to a 3.24% rally in Nifty and an 11.46% fall in the Nifty Metal index.

At the end of September 2022, the PE of the stock was 16.34 based on TTM earnings.