Brokerages bullish on SpiceJet, BoI; Punj Lloyd to underperform

Tue, Aug 06, 2013 at 10:13

| Source: CNBC-TV18
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Bank of India

Brokerage: Karvy

Rating: Buy

Target: Rs 285

Rationale: They have cut the ABV by 8 percent for FY14 and FY15 factoring in higher slippages, higher tax rate and lower treasury income in next quarter.

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