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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Grasim Industries 9-Day RSI Related Terms
NSE:GRASIM vs CRH, VMC, MLM: 9-Day RSI Comparison
For the Building Materials subindustry, Grasim Industries's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Grasim Industries 9-Day RSI vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Grasim Industries's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Grasim Industries's 9-Day RSI falls into.
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Grasim Industries (NSE:GRASIM) has a 9-Day RSI of 48.02 as of Jul. 14, 2026. According to the industry distribution chart, Grasim Industries ranks #258 out of 445 companies in the Building Materials industry, placing it in the top 58%.
Is Grasim Industries' 9-Day RSI too high?
Grasim Industries' current 9-Day RSI is 48.02. The Building Materials industry median 9-Day RSI is 45.50. Grasim Industries' value of 48.02 is 5.5% above this industry median. Based on the distribution chart, Grasim Industries ranks #258 out of 445 companies in the Building Materials industry, which is below the industry midpoint. Overall, Grasim Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grasim Industries' 9-Day RSI compare to CRH and VMC?
According to the Building Materials industry distribution chart, Grasim Industries ranks #258 out of 445 companies for 9-Day RSI. This places Grasim Industries in the lower half of its industry. The industry median 9-Day RSI is 45.50. Grasim Industries' value of 48.02 is 5.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Building Materials company?
The median 9-Day RSI among Building Materials companies is 45.50, based on 445 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grasim Industries's current 9-Day RSI of 48.02 is 5.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Building Materials industry, the median 9-Day RSI is 45.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current 9-Day RSI is 48.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grasim Industries stock overvalued right now?
Based on GuruFocus' analysis, Grasim Industries (NSE:GRASIM) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,954.22, compared to a current price of ₹3,144.30 — trading 6.4% above its estimated fair value. The current 9-Day RSI is 48.02 and 5.5% above the Building Materials industry median of 45.50. Grasim Industries' overall GF Score™ is 88/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Grasim Industries (NSE:GRASIM), the current 9-Day RSI is 48.02 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Grasim Industries (NSE:GRASIM) Overvalued in 2026?
Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued.
The current stock price of ₹3,144.30 is trading 6.4% above its estimated GF Value™ of ₹2,954.22.
GuruFocus considers Grasim Industries to be Fairly Valued.
Key valuation signals for NSE:GRASIM:
9-Day RSI: 48.02
GF Value™: ₹2,954.22 vs. price of ₹3,144.30 (6.4% above fair value)
Industry Position: 5.5% above the Building Materials median (#258 of 445)
No single metric tells the full story. See the NSE:GRASIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.
88GF Score
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