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Here are 5 stocks brokerages are bullish on

Thu, Aug 08, 2013 at 09:52

| Source: Moneycontrol.com
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ONGC

Brokerage: Bank of America Merrill Lynch

Rating: Buy

Target: Rs 426

Rationale: They expect a favorable change in the subsidy formula later in FY14. The main earnings and share price driver for ONGC is the gas price increase in FY15.

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