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30 May 07 Patel Engineering

Sources say that an agent of a leading brokerage house is recommending Patel Engineering to clients because of expectations of a price surge on rumours of Patel Engineering bagging a huge new order. I’m not sure how far these rumours can be beleived but as the old wall street adage goes, buy on rumours, sell on news! There is a good buying interest building up in the Patel Engineering counter for the past few days. Patel Engineering is certainly in my radar now.


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