Grasim Industries shares surge over 4% after Morgan Stanley upgrade, sees 29% upside on UltraTech tailwinds
Shares of Grasim Industries climbed as much as 4.4% on Tuesday to Rs 2,723.50 on the BSE after Morgan Stanley upgraded the stock to ‘Overweight’ from ‘Equal-weight’ and raised its target price to Rs 3,500 from Rs 2,975. The brokerage also named the Aditya Birla Group company a “top pick in coverage”, citing “multiple opportunities … Read more