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Houseviews: How to trade YES Bank, Ambuja Cements, Dabur & Hero post Q1 results

Thu, Jul 25, 2013 at 09:48

| Source: Moneycontrol.com
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Ambuja Cements

Brokerage:
Macquarie

Rating: UNDERPERFORM

Target:
Rs 137

Rationale: The management claims synergy benefits, but those can take very long. The deal is also EPS-dilutive in its initial years by 4-5%.

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