Worst may be over for chemicals and textiles major Grasim, stock may rise

Analysts' target prices indicate an upside of about 20 per cent from current levels

Devangshu Datta
Last Updated at March 9, 2023 22:54 IST

Chemicals and textiles major Grasim had a disappointing October-December quarter for the 2022-23 financial year (Q3FY23) due to higher costs and lower demand for products. However, the management guidance suggests that the worst is over, and the stock may have an upside, going by what the analysts have to say at present.

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