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Grasim Industries (Q4 FY10) – Not Rated
India Infoline Research Team / 18:10 , May 21, 2010
CMP Rs2,514
Strong VSF performance drives 16.9% yoy revenue growth; beats expectations
OPM surges 360bps yoy despite weak operational performance by the cement division
PAT grows by 56.7% backed by higher margins and lower tax outgo
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