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Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

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(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased target price.

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Summary	Date	Stock	Broker	Price at Reco.	Target	Price at reco Change since reco(%)	Upside(%)	Type	Report	Discuss
	2018-01-03	TVS Electronics Ltd.	Choice India	398.35	500.00	398.35 (-76.70%)	Target met	Buy		Broker Report TVS Electronics Ltd. Choice India Valuation: We expect that the company will have an impetus leading to strong growth in the medium to long term on account of a number of initiatives taken in line with the changing markets and adapting to the new technologies in a efficient manner. Thus, on our valuation front, at CMP 399.0 , the company is trading at a P/E multiple of 48.5x as compared to the peer average of 53.4x, whereas the EV/EBITDA multiple is 28.7x as compared to the peer average of 26.3x. After considering all these factors and high probability of strong growth in the future we recommend a Buy,... Share Share on Share on Share on Share on Like Comment