Buy GUJARAT AMBUJA EXPORTS LTD, Kotak Securities

Kotak Securities Private Client Research has given a Buy rating on Gujarat Ambuja Exports Ltd with a price target of Rs.30 (25% upside). The results of the company are above expectations and hence Kotak is recommending a Buy on the stock. The stock was up 6% at Rs.25.7 in today's (Monday - October 16, 2006) trading.

Source : Kotak Securities

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