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Buy Sintex, target of Rs 197: Emkay

Posted on: May 15th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on Sintex with a price target of Rs 197 in its May 12, 2009 research report. “Sintex reported a 9% yoy decline in Q4FY09 revenues to Rs 8.5 billion led by commodity price deflation and muted volume growth. However, adju…

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