Share Market Highlights 2nd April 2024: Sensex, Nifty retreat after three-day rally; profit-taking dominates

[ad_1] Maruti Suzuki India: The company produced 1.63 lakh units of passenger vehicles for the month of March vs. 1.50 lakh units last year and total production volume was 1.67 lakh units vs. 1.54 lakh units. Ashok Leyland: The company reported...

Broker’s call: Bandhan Bank (Buy)

[ad_1] Target: ₹260CMP: ₹180.10We recently hosted Bandhan Bank for a Non-Deal Roadshow (NDR). Bandhan is gradually reducing share of unsecured loans in the overall mix (44.5 per cent secured and 55.5 per cent unsecured currently) and will continue to pursue...

Broker’s call: Shree Cement (Neutral)

[ad_1] Target: ₹27,700CMP: ₹25,976.60Shree Cement has been consistent in capacity expansion (mostly through organic routes), with a capacity CAGR of about 12 per cent over FY14-24. The company plans to increase its grinding capacity organically at a similar CAGR over...
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