Kickstart trading in Feb with these brokerage bets

Wed, Feb 01, 2012 at 08:42

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Brokerage: CITI

Rating: SELL

Target: Rs 190

Rationale: It will need to deliver 72% year on year EPS growth in the fourth quarter to meet fy12 street estimates. While it remains a good long-term story, the risk reward balance at this juncture seems unfavorable.

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