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| | |-+  Reliance Communication (RCOM) (BUY, CMP Rs519, Target Rs562)		 « previous next »
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Author Topic: Reliance Communication (RCOM) (BUY, CMP Rs519, Target Rs562)  (Read 486 times)
nishanthcy
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Posts: 22


Its me Nishanth!
« on: April 16, 2008, 02:11:10 AM »
Reliance Communication (RCOM) (BUY, CMP Rs519, Target Rs562)

RCOM is expected to significant scale up its wireless and non-wireless operations on the back of robust pan India based
subscriber growth. In addition to higher tenancy for its tower arm, we also expect 3G services to be offered to its newly
acquired GSM subscribers. Other value creation initiatives include: stake sale in FLAG subsidiary, further investments in its
submarine cable business, DTH and IPTV foray. With multiple triggers and strong earnings visibility riding on secular sector
growth, we recommend a buy on the stock with a price target of Rs562.
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C.Y Nishanth
Adimaly
money
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Posts: 92
« Reply #1 on: April 16, 2008, 03:00:06 AM »
looks  good



but  bet on fmcg, health scripts
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