Grasim Industries Ltd.

Looking for value? Cement stocks could be your top bets

by
Looking for value? Cement stocks could be your top bets

IT and pharma look very promising as we see the visibility of earnings in them, says Rahul Shah, VP-Equity Advisory, Motilal Oswal Financial Services. Excerpts from an interview: Let us address what is going on within the cement space owing to the fact that UltraTech has certainly been in focus on the back of their … Read more

Grasim’s holding discount may widen on further investment in Vodafone Idea: Morgan Stanley

by
Grasim’s holding discount may widen on further investment in Vodafone Idea: Morgan Stanley

“Grasim’s standalone B/S is too stretched to make any large scale investment in a group company at this stage,” said Morgan Stanley. The brokerage said capital allocation to group companies, especially to the group telecom company, has been a concern and overhang on Grasim’s stock, driving a high holding discount on the stock. This discount … Read more