indiabulls real estates (Citi) Q4FY11: A Disappointing Quarter

Revenue beats, EBITDA margin drops; Operationally, muted performance QoQ; New TP of Rs164 offers 35% upside; Maintain Buy
Date Rating Target Price Recommendation Price Broker house
5 May 2011 buy 164 (from 160) 121 Citi Report

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