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Buy Sesa Goa; target of Rs 202: Motilal Oswal

Posted on: June 9th 2009 in Brokerage Recommendations.

Motilal Oswal has upgraded its rating on Sesa Goa to buy with a target price of Rs 202 in its June 5, 2009 report. “The stock has been re-rated significantly due to its strong balance sheet, low mining cost, and strong volume growth. However, it still trades at significant discount…

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