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Buy M&M For Target of Rs 1,700: Shrikant Shetty

PUBLISHED ON: September 1, 2016 | Duration: 9 min, 51 sec

   
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Shrikant Shetty, VP and advisory-equities at Motilal Oswal, says Mahindra & Mahindra valuations look reasonable and investors may buy the stock for a target of Rs 1,700. The company is expected to benefit from economic recovery seen ahead on the back of normal monsoon, he adds.
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