Broker Backing & Bond Moves: Grasim’s June Surge Explained

Grasim’s recent developments paint a picture of strategic transformation. From being a holding company of UltraTech Cement to an emerging paints and chemicals major, it is executing a multi-engine growth model. 🔹 Short-Term: Strong price momentum, positive brokerage sentiment 🔹 Mid-Term: Earnings upgrades likely from new segments 🔹 Long-Term: Emerging as a diversified manufacturing giant across India