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Aug 02, 2012, 03.22 PM IST
Dharmesh Kant of Indianivesh Securities is of the view that one should hold Indian Overseas Bank.
Kant told CNBC-Awaaz, "Investors should hold Indian Overseas Bank with a long term perspective; stoploss should keep at Rs 68. The stock may go upto Rs 100-110 in next 1 year time." The company touched its 52-week high Rs 139.90 and 52-week low Rs 68.25 on 01 Aug, 2011 and 26 Jul, 2012, respectively. Currently, it is trading -47.43% below its 52-week high and 7.77% above its 52-week low.
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