Grasim Industries: Morgan Stanley maintains an Overweight on Grasim Industries with a Target Price of ₹3,900, citing continued scale-up through a capital-light model, gradual rationalisation of discounts, higher dealer incentives, expected inventory gains in Q1 FY27, and strong FY27 revenue growth driven by plant stabilisation, product ramp-up, dealer expansion and price hikes.
Grasim Industries: Morgan Stanley maintains an Overweight on Grasim Industries with a Target Price of ₹3,900, citing continued scale-up through a capital-light model, gradual rationalisation of discounts, higher dealer incentives, expected inventory gains in Q1 FY27, and strong FY27 revenue growth driven by plant stabilisation, product ramp-up, dealer expansion and price hikes.