Buy Grasim Industries, target Rs 988: Edelweiss Securities

INSUBCONTINENT EXCLUSIVE:
Grasim Industries share price: Buy Grasim Industries, target Rs 988: Edelweiss Securities - The TheIndianSubcontinentNever miss a
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3Y 11.89% PortfolioLoadingSelect Portfolio and Asset Combination for Display on Market BandShow More
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Industries at a price target of Rs 988.ETMarkets.com|Feb 11, 2019, 12.46 PM ISTEdelweiss Securities has a buy call on Grasim Industries with
a target price of Rs 988. The current market price of Grasim Industries is Rs 710.80. Time period given by the brokerage is one year when
impressed yet again rising 18 per cent YoY (being 11 per cent ahead of estimates)
While VSF performance is in line, the chemicals and textile segments led the overall outperformance
Besides, we are introducing FY21E with EBITDA growth of 8 per cent
sanguine outlook for the SA entity over medium to long term
Factoring in the recent cuts in target prices of key holdings and rolling over the valuation to Q1FY21E, we are tweaking down our SOTP based
target price to Rs 988 (from Rs 1,066). Read this article inHindiBuy Sobha, target Rs 614: Edelweiss SecuritiesBuy Himatsingka Seide, target
Rs 265: Edelweiss SecuritiesBuy State Bank of India target Rs 353: Edelweiss SecuritiesCorporate banks can be a play for next 2-3 years:
Gautam Shroff, Edelweiss SecuritiesCommenting feature is disabled in your country/region.Disclaimer: This recommendation is analyst's own
and does not represent those of economictimes.com ETMarkets.com
Please consult your financial advisor before taking any position in the stock/s mentioned.Browse
CompaniesABCDEFGHIJKLMNOPQRSTUVWXYZ|123456789Browse Mutual FundsABCDEFGHIJKLMNOPQRSTUVWXYZ1Buy Grasim Industries, target Rs 988:
Edelweiss Securities Buy Lupin, target Rs 985: HDFC SecuritiesBuy Amber Enterprises India, target Rs 975: Elara Capital Buy Larsen
Toubro, target Rs 1,210: Manas Jaiswal Buy Kotak Mahindra Bank target Rs 1,350: Manas Jaiswal Sell YES Bank, target Rs 167:
Kunal Bothra Buy Kotak Mahindra Bank, target Rs 1,325: Kunal Bothra Sell Maruti Suzuki India, target Rs 7,050: Dr CK Narayan Buy
Sobha, target Rs 614: Edelweiss SecuritiesBuy Zydus Wellness, target Rs 1,472: Sharekhan Buy Himatsingka Seide, target Rs 265:
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