Brokerages bullish on SpiceJet, BoI; Punj Lloyd to underperform

Tue, Aug 06, 2013 at 10:13

| Source: CNBC-TV18
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Brokerage: CIMB

Rating: Neutral

Target: Rs 12.30

Rationale: HCC returned to profit after eight straight quarters of losses. But the rise in interest expense to a new peak and lack of debt burden relief in the near-term are concerns.

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