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Texmaco – Call Closure

India Infoline Research Team / 17:20 , Sep 13, 2010

We had recommended a buy on Texmaco in a detailed report dated 16th Aug, 2010 with a target price of Rs170. The stock has hit a high of Rs169.7 and is currently trading near Rs168 levels. The total return delivered since recommendation stands at 14.7%, higher than 4.2% delivered by the CNX Midcap. We recommend investors to book profit at current levels.