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Fomento Resources Group » India hikes rail freight rates on iron ore exports
Most brokers see another 25 percent rise over a 12-month period, and the stock could see a 5-10 percent upside by March.
"The company should show more consistent profitability now as it starts to benefit from restructuring programmes and a better product mix," Burde said.
The global demand for the aluminium has declined by almost seven per cent in the last one year, Mr Burde added.
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