The stock has failed to live up to its previous glory of jaw-dropping returns in the recent past. In the last six months, the shares rose 56% and are up about 42% in the last one-year period.
Kumar Mangalam Birla’s Grasim gets cheapest rupee bond deal in 5 years
Grasim Industries Ltd. has secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent cash infusions by the Indian