Karvy Stock Broking has maintained its marketperformer rating on Fame India with a price target of Rs 26 in its June 10, 2009 research report. “Net sales of the company grew by 33% YoY (lower than our expectations of 41% YoY) and sto…
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Reduce Fame India, target of Rs 17: Angel
Posted on: June 9th 2009 in Brokerage Recommendations.
Angel Broking has downgraded its rating on Fame India from neutral to reduce with a target price of Rs 17 in its June 06, 2009 research report. “For 4QFY2009, Fame reported a robust Top-line growth of 33% yoy to Rs 23.2 crore (Rs 17.4 crore) on a standalone basis. Fame declared a B…
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