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Accumulate IVRCL Infra, target Rs 399: Angel Broking

Posted on: June 11th 2009 in Brokerage Recommendations.

Angel Broking has recommended an accumulate rating on IVRCL Infrastructure with a price target of Rs 399 in its report dated June 10, 2009. “We have used SOTP methodology to value the company owing to its diversified portfolio. Our SOTP-based target price for IVRCL works out to Rs …

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