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Accumulate Crompton Greaves, target of Rs 306: Angel

Posted on: June 17th 2009 in Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on Crompton Greaves, with price target of Rs 306, in its report dated June 12, 2009. “It is pertinent to note here that during April 2005 – June 2009, CGL traded at an average discount of about 48% to the forward rolling P/E …

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