Ambit maintains “Sell” on Mundra Port

By at 16 April, 2009, 7:43 am

Ambit Capital has maintained “Sell” recommendation on Mundra Port & SEZ Ltd for a target price of Rs 315, a downside of 17 per cent from current levels of Rs  380 .
The brokerage believes that the recent rally in the stock is without any change in the company’s fundamentals. The target captures all the expected [...]

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