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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
IDFC Maintains Outperform on AIA Engineering
IDFC has maintained 'outperform' rating on AIA Engineering for target of Rs 1,150 per share. IDFC sees strong volume trajectory to continue and margins to 'normalize' in FY16-17. IDFC adds that commodity price fall is not triggering production cuts.