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Buy L&T with target of Rs 1600: Religare Capital

PUBLISHED ON: May 15, 2012 | Duration: 13 min, 39 sec

  
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Suhas Harinarayanan, MD and co-head research, Religare Capital, says while there was a disbelief in the order inflow guidance, leading to tepid reaction in the stock. The brokerage says it’s guidance for the company remains unchanged.
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