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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,