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26 July, 2012 16:51 IST

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Most Read Expert Speak

o buyers can keep add Maruti Suzuki at dips: ect

Bounce back towards 17,047 possible in Sensex: Angel Bro

usive (20-JUL-12)

Titan Ind looks positive: Astro

Currency outlook & strategy fr

Rupee has support at 56: Emka

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Currency outlook from Way2W

ICICIdirect has maintained `Buy` on Maruti Suzuki India with a price target of Rs 1,591 as against the current market Rs 1,117 in its report dated July 20, 2012.

`Buy` USD/INR July for targe 56.12/56.22: ICICIDirect

News
Sterlite Ind consolidated Q1 profit falls 26.7% - 26-Jul-2012 16:25

India (MSIL) n its Manesar industrial act n part of its Wednesday workers went page setting e plant on fire ing property pension of a act of violence, the GM (HR) sadly lost his he conference rooms was set on fire by the orkers. This incident also saw more than 100 ting severely injured.

Monnet Ispat denies signing iron ore mining lease with Jharkhand - 26-Jul-2012 16:21 Investors should avoid BHEL or possibly sell on rally: Rahul Kaul - 26-Jul-2012 16:18 JSW Steel consolidated Q1 profit plunges 89.8% - 26-Jul-2012 16:01 Ambuja Cements Q2 profit climbs 34.9% on better margin, sales - 26-Jul-2012 15:33 ITC: Analysts` take on Q1 earnings & outlook - 26-Jul-2012 15:21 Alstom India Q1 profit doubles - 26-Jul-2012
14:24

he incident remains surprising as for the last nths (last strike ended in November) no m had arisen at MSIL and wage talks were ast year, the labour unrest had led to a s of 80,000 units/ Rs 24 billion in revenues. eacted negatively to the news on fears of a ar production loss as last year.

Venus Remedies gets US patent for Potentox - 26-Jul-2012 13:09 Geometric launches pay-per-use online nesting software - 26-Jul-2012 12:49 Thermax Q1 profit falls 15.86% - 26-Jul-2012
12:47

el some sort of decisive action would come coming days as it remains a management rather than a strike. It believe logically three re possible; management, workers arrive at esolution temporarily till then shift production in an extreme scenario MSIL decides to exit view of safety of their employees to Gujarat.

BHEL Q1 beats estimates; profit up 12.9% - 26-Jul-2012 12:39 more...

s come to a halt at both Manesar plants of ent issue seems to have been triggered due astiest`` remarks by a supervisor, leading to pline against the same. This was followed by ocumented incidents; police have arrested o far. The only positive in the saga is that o be limited damage to the production lines administrative office along with some other n places have been damaged. However, oduction resumes, the morale of the eployed at the plant would be one of fear.

stay positive on long term earnings growth MSIL owing to the strong product portfolio g time investors should buy on all such tters. It has not changed any estimates now ent and maintains Buy with a target price of recommend that portfolio buyers continue on dips.

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