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Buy, sell or hold: Best stocks to make ride high strong market
Mon, Sep 17, 2012 at 08:45
GAIL
Brokerage: Bank of America Merrill Lynch
Rating: UNDERPERFORM
Target: Rs 360
Rationale: Among the three upstream players, who bear subsidy, GAIL will gain the most from subsidized lpg volumes being capped. According to government estimates capping cylinders will cut LPG subsidy by one-third.
