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GRASIM Grasim Industries News Story

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Basic MaterialsConservativeLarge CapNeutral

India's Grasim Industries hits fresh record high, eyes best week in nearly 2 yrs

** Shares of India's Grasim Industries GRAS.NS extended gains for the third straight session to hit a fresh record high of 3187.60 rupees; last up 0.6%

** Stock on track for its best week since late-June 2024, up 8% so far this week

** Aditya Birla Group-owned firm narrowed fourth-quarter loss, reporting 1.64 bln rupees vs 2.88 bln rupees last year; rev up 32% y/y

** Stock on avg rated "buy" by 9 analysts; median PT is 3498 rupees - LSEG data

** Stock up 12% YTD

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

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