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...

Broker’s call: Coal India (Buy)

[ad_1] Target: ₹550CMP: ₹435.90We initiate coverage on Coal India with a Buy rating and target price of ₹550. Although we strongly endorse the energy-transition narrative and that renewable energy would dominate the global energy mix, we believe India’s large population...