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Hold Marico, target of Rs 85: Sharekhan

Posted on: July 12th 2009 in Brokerage Recommendations.

Sharekhan has recommended a hold rating on Marico with a target price of Rs 85 in its July 9, 2009 report. “We remain bullish about Marico’s prospects. We maintain our earnings estimates but increase our price target for the stock to Rs 85, as we roll the target over based on our…

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