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Finolex Cables - Call Closure
India Infoline Research Team / 15:04 , Sep 07, 2010

Reco price Rs54, Call closure price Rs63

We had recommended a buy on Finolex Cables in a detailed report based on technical analysis dated 12th July, 2010 with a target price of Rs68. In today’s trading session, the stock hit a high of Rs64.80 and closed at Rs63 levels. The total return delivered since recommendation stands at 20%. We recommend investors to book profit at current levels.