Anuj Singhal takes a 360-degree stock check on Grasim. The stock is very close to breaking even for the year, just down about 5 percent for the year. The stock is up 84 percent from its 52-week lows, and from the 52 week high is still down about 15 percent.

Here’s why the stock has been moving higher:

Positive rub-off from Idea's big move

The stock was running up before the AGR verdict

Management commentary after results was positive

Keyholding UltraTech has seen a sharp rally