Check out: 5 bluechips brokerages are playing today

Mon, Jul 01, 2013 at 09:09

| Source: CNBC-TV18
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Brokerage: Credit Suisse

Rating: Neutral

Target: Rs 2700

Rationale: They expect margins to dip by 60 bps sequentially due wage hikes, promotions, impact of H-1b visa costs and additional expenses relating to the Lodestone acquisition. These will partly be offset by the impact of a cheaper rupee.  

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