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Emkay lists out 8 stocks you can hold on to

Thu, Feb 07, 2013 at 09:45

| Source: Moneycontrol.com
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TVS Motor Company

Rating:  Hold

Target: Rs 48

Rationale: Q3 operating performance is weak as new launch expenses and lower export incentives impact margins. A Likely upside risk from new launches and BMW deal and a raised volume growth estimate in FY14/FY15 to 14.7%/10.2% on new products is expected.

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