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Old 12-19-2007, 08:24 PM   #1 (permalink)
 
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Post Buy Elecon Engineering; target of Rs 400: HDFC Sec

HDFC Securities has maintained buy rating on Elecon Engineering. Research firm believes that the performance of the company going forward is likely to grow at a robust pace, mainly due to the large investment capex lined up by Indian corporates across the industries, which will create a huge demand for the company’s products.

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