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Bajaj deserves re-rating at current levels: Paras Adenwala

PUBLISHED ON: August 21, 2012 | Duration: 16 min, 15 sec

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In the FMCG sector, Bajaj Corp stock surprises the markets with a recent jump. Investment advisor, Paras Adenwala, endorses Bajaj Corp based on the company's strong balance sheet. The stock deserves a re-rating with a target price of Rs 225 from the current Rs 175 a share, he adds.
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