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Add Crompton Greaves, target of Rs 264: IIFL

Posted on: May 25th 2009 in Brokerage Recommendations.

IIFL has recommended an accumulate rating on Crompton Greaves with a target of Rs 264 in its May 22, 2009 research report. “Management’s revenue guidance in line with our estimates;margin guidance ahead of our estimates. Management sounded confident of maintaining margins at FY09…

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