Buy Gujarat Alkalies; target of Rs 140: Firstcall

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Buy Gujarat Alkalies; target of Rs 140: Firstcall

Firstcall India Equity Advisors is bullish on Gujarat Alkalies and Chemicals and has recommended buy rating on the stock with a target of Rs 140 in its June 30, 2010 research report.

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Firstcall India Equity Advisors is bullish on Gujarat Alkalies and Chemicals and has recommended buy rating on the stock with a target of Rs 140 in its June 30, 2010 research report.

"Gujarat Alkalies and Chemicals has grown rapidly and sustained its performance. The contributing factors to the Company's success are optimizing of operations, better marketing, close monitoring and control of financial costs, improved in efficiency of plants, timely and successful completion of expansion projects/manufacturing of new products etc. We recommend buy in this particular scrip with a target price of Rs 140 for Medium to Long term investment," says Firstcall india Equity Advisors research report.

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To read the full report click on the attachment