Research Report

Mid Cap
31 Jan 2012, 05:11 PM
Tata Global Beverages Ltd
Kotak Securities
BUY
LONG TERM
Price when Post
107.15
Target Price
110
Return
2.6598%
Kotak's buy on Tata Global Beverages after Starbucks deal

Joint venture with Starbucks a medium term positive. Margins have likely bottomed out. Cheap valuations provide support.

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