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Buy Power Grid: Indiabulls Securities

Posted on: July 8th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has maintained its buy rating on Power Grid Corporation of India in its report dated July 6, 2009. “Power Grid Corporation of India Ltd. (PGCIL) reported FY09 results way above our expectations with a 42.0% yoy growth in net sales. As we continue to b…

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