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Buy RComm, target of Rs 350: Motilal Oswal

Posted on: June 2nd 2009 in Brokerage Recommendations.

Motilal Oswal has maintained its buy rating on Reliance Communications with a target price of Rs 350 in its May 30, 2009 research report. “RCOM is seeking shareholders’ approval to raise funds through equity/equity-linked instruments which could result in potential equity dilutio…

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