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Grasim Industries surged 4.4% on Tuesday after Morgan Stanley upgraded the stock to Overweight and raised its target price to Rs 3,500, implying a 28.5% upside. The brokerage also named it a top pick, citing strong prospects in the paints segment, which has exceeded expectations since launch, and highlighted multiple growth opportunities driving long-term value.
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Promoter pledged shares were reduced by 0.9 percentage point, from 17.8% in Q3 to 16.9% in Q4 FY25.
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Indian investors are now more mature. They are accepting market ups and downs. They are investing for the long run. SIP investments are strong. Passive funds are becoming popular. Defence sector is growing due to government support and new technology. Groww Asset Management focuses on long-term investments. Geopolitical issues are impacting global markets. India is doing well.
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