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Sell NALCO, target of Rs 250: Indiabulls Securities

Posted on: June 27th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has maintained its sell rating on National Aluminium Company Ltd (NALCO) with a target price of Rs 250 in its June 25, 2009 research report. “Based on DCF valuation, we have arrived at a target price of Rs. 250 (assuming a 14.8% WACC and a 5% terminal…

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