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Buy Bajaj Auto, target of Rs 1080: Reliance Money

Posted on: May 27th 2009 in Brokerage Recommendations.

Reliance Money has recommended a buy rating on Bajaj Auto with a target price of Rs 1080 in its May 27, 2009 research report. “Bajaj Auto Ltd (BAL) reported Q4FY09 results which were in below our expectation. Exports revenue remained sluggish due to weak overseas markets. Forex los…

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