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Houseviews: Expert tips on CIL, TCS, Tata Steel and BHEL

Mon, Jun 25, 2012 at 08:32

Source: CNBC-TV18
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Coal India

Brokerage: Nomura

Rating: Buy

Target: Rs 398

Rationale: The PMO’s suggested middle ground on FSA clauses is along expected lines. NTPC’s acceptance or rejection of the same would be critical for the conclusion of the current impasse between power producers and Coal India.