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Sector Outlook

Bank Sector Rating: Positive In 3Q 2010, our coverage universe reported positive growth in Net interest income (NII) with decent growth in advances except ICICI Bank. Net interest margins has grown up on back of falling cost of deposit as banks have bolstered their CASA base. We continue to have bullish view on sector since IIP (Index of Industrial production) can surprise on upside which will ignite private capital...

Crompton Greaves Ltd.

Crompton Greaves Limited is India’s largest private sector enterprise, extensively engaged in designing, manufacturing and marketing high technology electrical products and services related to power generation, transmission, distribution as well as executing turnkey projects. The business is organized into three units: Power Systems, which includes transformers, switchgear, power quality equipment, as well as...

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