Indiabulls Power surges; Motilal says 75 pct upside

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Reuters Market Eye - Indiabulls Power Ltd surges by maximum daily limit of 5 percent.
Motilal Oswal initiates coverage with a "buy" rating and target of 21 rupees.
Cites capacity expansion and "compelling" valuations as key reasons.
(Reporting by Abhishek Vishnoi)
First Published: Sep 19 2014 | 10:28 AM IST