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A company having niche products in refrigration from the Tata Group, it has the market cap of around 9800 crore and is totally debt free with strong CRR ; in the sense it concentrate on diversification keeping the cash as also sharing the profits with the share holders. Average equity capital with good reserves with dividend payment of 225% with FV of Rs 1. With average profit generating efficiency level of 20% during the past five years, it is a good choice for med to long term for those with patience.

One should buy/add this stock on each correction.

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