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Tata Coffee – Call Closure

India Infoline Research Team / 13:36 , Aug 25, 2010

Reco price Rs430, Call closure price Rs548
 

We had recommended a buy on Tata Coffee in a detailed report dated 19th July, 2010 with a target price of Rs550. The stock has hit a high of Rs548 and is currently trading near Rs537 levels. The total return delivered since recommendation stands at 27.45%, higher than 3.8% delivered by the BSE 500. We recommend investors to book profit at current levels.