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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
HDFC Securities recommends buy on Grindwell Norton
HDFC Securities has recommended buying Grindwell Norton for target price of Rs 487. It says with prospects for growth in the topline, and in margins due to higher scale of operations, negligible interest costs and a capex dominated majorly by maintenance requirements, we expect company to have good growth over the coming two fiscals.