Brokerage calls: Buy Coal India & Lovable Lingerie, sell BHEL

Mon, Aug 05, 2013 at 09:38

| Source: CNBC-TV18
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Brokerage: Bank Of America Merrill Lynch

Rating: Underperform

Target: Rs 400

Rationale: The rating is on reduced revenue visibility, expectations of subdued margins and expensive valuations.

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