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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Deutsche Bank Upgrades Reliance Power to Hold
Deutsche Bank has upgraded Reliance Power to 'hold' from 'sell' for target price of Rs 48 per share. The company says that the stock currently trades at 0.6 times its FY16 book value and the stock is at discount of 60 per cent to its peers. It says that capex is likely to decline going ahead.