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United Spirits gains on value buying

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Reuters

Reuters Market Eye - United Spirits gains 1.5 percent on value buying.

Relative underperformance provides good entry point, investors say.

Stock was down 19.7 percent as of Monday from a record high of 2,940.80 rupees hit on April 15.

The Nifty is up 21 percent since April 15.

(Reporting by Abhishek Vishnoi)

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First Published: Sep 23 2014 | 10:29 AM IST

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