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Buy TRF, target of Rs 692: Emkay Global

Posted on: May 26th 2009 in Brokerage Recommendations.

Emkay Global Financial Services has maintained its buy rating on TRF with a price target of Rs 692 in its report dated May 25, 2009. “TRF gave positive surprise in Q4FY09 with better-than expected operational performance. Its revenues grew by 41% yoy to Rs 2.4 billion led by sustai…

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