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    Maruti Suzuki Strike

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    • Hold Maruti Suzuki, target price Rs 1250: Sharekhan

      Reacting on the stock behaviour, Deepak Jain, Auto analyst at Sharekhan told CNBC-TV18 that the company could have faced a loss of around its 1,000 units. Moreover, the company chairman Mr. Bhargava has reported a revenue loss of Rs 40 crore on a daily basis, and this could be used as an indication to predict the stock behaviour

    • Strike illegal, no compromise on long term solution: Maruti

      At Maruti Suzuki's Manesar plant, 800 workers have gone on strike. The workers are demanding recognition of their new union and retention of contract laborers for the 2 upcoming units at the plant. The strike has led to a disruption in production.

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