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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
CLSA Maintains Underperform on Reliance Communications
CLSA has maintained its underperform rating on Reliance Communication for target of Rs 67 per share. CLSA says that net debt continues to be lofty at over 5.5 times its EBITDA and the company is awaiting deals on tower assets.