Profit

Sell GVK Power: BNP Paribas

PUBLISHED ON: October 28, 2011 | Duration: 2 min, 50 sec

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BNP Paribas advises investors to sell GVK Power with a target price of Rs 10. They say the company's acquisition of two of Hancock Prospecting's thermal coal mines in Australia raises the questions on the way the deal is structured.
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