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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Credit Suisse downgrades Dalmia Bharat to underperform
Credit Suisse downgrades Dalmia Bharat to "underperform" from "outperform" earlier. KKR deal is earnings dilutive and increases leverage. Cuts FY17 estimated earnings per share by 27 per cent. At current market price Dalmia's market cap and net debt are equal.