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RETAIL EQUITY RESEARCH
| NTPC Ltd | Recommendation |
| CMP:Rs160 TP:Rs189 | BUY |
RETAIL EQUITY RESEARCH
RETAIL EQUITY RESEARCH
| Hindalco Industries Ltd. | Recommendation |
| CMP:Rs184 TP:Rs208 | BUY |
| NBCC (India) Ltd | Recommendation |
| CMP:Rs168 TP:Rs155 | REDUCE |
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