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Investment ideas: How to trade ONGC, L&T, CIL & Ranbaxy

Tue, Jun 26, 2012 at 08:39

Source: CNBC-TV18
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ONGC

Brokerage: Deutsche Bank

Rating: Buy

Target: Rs 315

Rationale: They expect diesel prices to be raised by the second quarter. ONGC is their preferred pick on the impending price hike in regulated petroleum products.