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Recommendations

Saturday, August 20, 2005

Sharekhan - Kirloskar Brothers


Kirloskar Brothers  
Cluster: Apple Green
Recommendation: Buy
Price target: Rs600
Current market price: Rs517

Revising price target

Taking into consideration the increased visibility of the company's earnings, its strong order inflow and the overall positive outlook for its business, we have revised our price target to Rs600 per share post split.