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Houseviews: Trading tips for ITC, JP Asso, Tata Steel, Bhel

Wed, Oct 10, 2012 at 08:37

Source: CNBC-TV18
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JP Associates

Brokerage: Bank of America Merrill Lynch

Rating: Buy

Target: Rs 112

Rationale: Any correction on withdrawal of CRH from the race to acquire JP's Gujarat cement business will be another opportunity to buy as the company remains on track for de-leveraging and valuations are still attractive.

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