Grasim Industries Ltd.

Looking for value? Cement stocks could be your top bets

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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

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“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