In a report released on August 11, Navin Sahadeo from ICICI Securities maintained a Buy rating on Grasim Industries Ltd., with a price target of INR3,480.00. The company's shares closed last Monday at INR2,757.50.
Sahadeo covers the Basic Materials sector, focusing on stocks such as Ambuja Cements Limited, Grasim Industries Ltd., and J.K. Cement Ltd.. According to TipRanks, Sahadeo has an average return of 11.2% and a 75.00% success rate on recommended stocks.
In addition to ICICI Securities, Grasim Industries Ltd. also received a Buy from Citi's Raashi Chopra in a report issued on August 11. However, on the same day, Kotak Mahindra maintained a Sell rating on Grasim Industries Ltd. (NSE: GRASIM.IL).
The company has a one-year high of INR2,897.55 and a one-year low of INR2,276.10. Currently, Grasim Industries Ltd. has an average volume of 19.85K.