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BUSINESS STANDARD

Last Updated : Jan 28 2013 | 12:58 AM IST

Dull earnings growth and monsoon worries prompts Merrill Lynch to downgrade HLL

Hindustan Lever

Recommendation: Neutral at Rs 183

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Dull earnings growth and monsoon worries has prompted Merrill Lynch Securities to downgrade its recommendation on Hindustan Lever from a strong buy to neutral in the intermediate term. Given the tough business environment and HLL

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