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Motherson Sumi - BUY (Target: Rs175, Upside: 22.7%)
India Infoline Research Team / 10:12 , Mar 18, 2010

CMP: Rs143, Target: Rs175

±  Diversified product portfolio and market presence
±  Wiring harness business to gain traction from domestic sales
±  Visiocorp acquisition takes MSSL into tier-I league
±  Tier-I status to justify premium valuations
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