PDF link- Punj Lloyd, Tata Motors, India strategy:: Kotak Sec

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http://www.kotaksecurities.com/pdf/indiadaily/indiadaily15022012.pdf

Results

Punj Lloyd: Strong execution; though low margins and high debt concern

Results, Change in Reco
Tata Motors: JLR beats expectations

Economy
Economy: January Inflation - riding on favorable base effects