Morgan Stanley has upgraded Grasim Industries to ‘Overweight,’ citing the paints business’s scaling and improved visibility. The brokerage anticipates a 29% upside, raising the price target to ₹3,500. Grasim is expected to become a formidable number three player in the paints sector by FY28, with Ultratech Cement remaining a key value driver.
These 8 stocks gained over 25% in the last two quarters, turned multibaggers in CY25
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