Recommended
stocks on – 13.03.2024
(1) GRASIM -
Ø Buy price : 2150
Ø Strong Support : 2140
Ø Resistance price : 2190 -2203
Reasons for Buy Recommended –
Technical indicators suggest a bullish short-term trend.
Recommended stocks on – 12.03.2024
(2) GRASIM -
Ø Buy price : 2188
Ø Strong Support : 2170
Ø Resistance price : 2208
Reasons for Buy Recommended –
Grasim
generates robust cash flows from its cement and chemical segments, enabling
aggressive investments in new businesses like paints. The company has shown
steady revenue growth due to diversified businesses and sectoral tailwinds.
Grasim
maintains manageable debt levels, which is critical for sustaining long-term
investments. Grasim has been modernizing its operations and focusing on
technology-led efficiencies.
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