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Ganesh Shanbhag, SMS Financial Services is of the view that Lakshmi Precision Screws has target of Rs 125.
Shanbhag told CNBC-TV18, "Lakshmi Precision looks good. It’s in the auto ancillary space with 40% production for export. They raised some money earlier through rights issue and the expansion is been put in place right now. We should see the full benefit coming in next two quarters. It has target of Rs 125 in the next six-eight months."
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