Grasim building materials Q4 profit surges 24% to Rs 4,150 crore
The business reported a revenue of Rs 20,919 crore, up 11.25 percent from the year-ago period, helped by growth in cement and B2B e-commerce business
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The business reported a revenue of Rs 20,919 crore, up 11.25 percent from the year-ago period, helped by growth in cement and B2B e-commerce business
ICICI Securities says bigger players will feel the pressure more, as pricier crude will squeeze pricing power and ad budgets
International brokerage Jefferies had a price target of Rs 2,600 apiece on Grasim Industries
Amid the turbulence of the small-cap meltdown, the resilience and potential of top blue-chip companies are evident, and investors are turning to these stocks as safe havens.
Jefferies sees downside risks for industry leader Asian Paints as new entrant Grasim offers a discount of around 5 percent in its paints brand, Birla Opus.