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Abbot India

A debt free company with profit generating efficiency level of 33 (on average for past five years), it is a defensive stock in not very good market conditions. BV of 441 and current reserves of around 900 crore (growing) and dividend of 310% with FV of Rs.10/- it should be purchased with a med to long term outlook for profit.

Currently, overpriced though, it should be bought on correction with conviction.

Tilak
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