5 Nifty stocks at steep premiums over historical PE levels; are they worth a buy?

At 27.4 times, Grasim Industries trades at 87 premium over its 10-year average PE of 14.6 times. This stock is up 21 per cent in 2024 so far.  MOFSL said Grasim's net debt to peak out in FY25 as the core businesses start to recover in 2HFY25.
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