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Mayur Uniquoters: CD Equisearch assign 'buy' rating but revise target downwards

According to CD Equisearch, the stock currently trades at 18.3x FY18e EPS of Rs 19.71 and 16.2x FY19e EPS of Rs 22.2. They are assigning a 'buy' rating with a target revised downward from the previous of 505. Holding period: 9-12 months.
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