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Buy Nestle India: Motilal Oswal

Posted on: May 23rd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Nestle India, in its report dated May 18, 2009. “In 1QCY09, Nestle India reported 10.7% (11.8% excluding discontinued products) growth in domestic volumes and 25% decline in export volumes as against overall volume growth of 16.9% in C…

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