This Multibagger Stock Has A “BUY” Call From ICICI Direct Having 146% YTD Return

The brokerage company ICICI Direct has a buy call on Grindwell Norton's stock with a target price of Rs 1970, implying a gain of 16 percent over the next 12 to 18 months. The stock was initially recommended for purchase at a market price of Rs 1700 by the brokerage, but it is currently trading at Rs 1,772 per share on the NSE. Grindwell Norton (GNO), a Bombay and National Stock Exchange-listed firm, is a leading player to manufacture grinding wheels in India. Grindwell Norton has been one of the multibagger stocks of 2021, with 146% YTD returns, while the stock has climbed over 227 percent in a year.

{photo-feature}