Research Report

Large Cap
22 Feb 2012, 05:15 PM
Grasim Industries Ltd.
IIFL
BUY
LONG TERM
Price when Post
2790.65
Target Price
3286
Return
17.7503%
IIFL on Grasim: Add with a target of 3286

Outlook improving for cement and VSF (viscose staple fibre). Capacity utilisation of the cement industry is bottoming out. Long-term prospects for VSF intact. Capacity expansions on track.

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