India's Grasim rises as paint plant starts production

Grasim Industries

15/10/2025 08:36

** Grasim Industries GRAS.NS rises 1.5% to 2,819 rupees

** Aditya Birla Group holding company's plant in West Bengal starts commercial production under decorative paints brand Birla Opus

** Plant has installed capacity of 236 MLPA across water-based, distemper, solvent-based paints, colourants

** Stock rated "buy" on avg; median PT is 3,440 rupees, per data compiled by LSEG

** YTD, GRAS gains ~15%

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com;))