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Brokerage tips to trade 4 buzzing stocks

Tue, Jul 31, 2012 at 08:48

Source: CNBC-TV18
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Bank of Baroda

Brokerage: Credit Suisse

Rating: Outperform

Target: Rs 825

Rationale: Profits were lower than estimate on account of sharper-than-expected drop in NIMs and elevated credit costs. But with adequate capital, better provisioning and attractive valuations, the bank remains well placed.