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Rajen Shah, CIO of Angel Broking is of the view that Apar Industries can move to Rs 250. This company is basically into manufacturing of aluminium conductors, transformer oil, specialty oil and cables. Aluminium conductor contributes about 40%, transformer oil and specialty oil about 50% or so and cable about 10 percent to the total turnover.
first published: Dec 12, 2012 10:07 am
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