#InfoEdge (India) Ltd & #GrasimIndustriesLtd are covered in today's Stocks to Buy Now podcast.
🔸Info Edge (India) Ltd:
The analyst maintains Buy on Info edge, as we expect sustained momentum in billings, supported by non-tech sectors and regional expansion. Investments in AI and technology are enhancing platform capabilities, and positioning the company for long-term market share gains.
🔸Grasim Industries Ltd:
Standalone revenues for the company reached Rs. 8,926 crore, marking a 32% year-on-year increase, while EBITDA dropped 58% to Rs. 221 crore. Five out of six planned factories are now operational, adding 1,096 MLPA capacity in FY25, which represents 21% of India's organized decorative paints capacity. The final plant at Kharagpur is set to open in H1FY26, increasing the total capacity to 1,332 MLPA.
Source - Mirae Asset Sharekhan Research Team
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Posted On: 29 May 2025 10:50 AM
