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    HomeNewsBusinessEarningsWhy we feel Shriram Transport can re-rate

    Why we feel Shriram Transport can re-rate

    Despite the rally, we feel as earnings gain traction, the stock of Shriram Transport can gradually re-rate. Investors should use the current weak phase to gradually accumulate the stock.

    Madhuchanda Dey
    March 25, 2021 / 10:33 IST
    Shriram Transport Finance Company | The stock has gained 144 percent to Rs 1513 per share during September 30 to February 15 period. FIIs increased their holding in the December quarter to 61.74 percent from 60.52 percent in the September quarter, similarly MFs shareholding rose to 1.58 percent from 1.49 percent.
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    Disclosure & Disclaimer

    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More