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Grasim up 4.6%. Why?

Diversified business entity Grasim Ltd. stock today surged by around 4.6%. The stock closed at 1799.95 on NSE.  Earlier, brokerage agency Motilal Oswal has raised Grasim’s rating from ‘neutral’ to ‘buy’. It sets its target price at Rs. 2050. It said that Grasim’s core business i.e., Viscose staple fiber (VSF) and chemicals segments are improving. …

Grasim up 4.6%. Why? Read More »