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Beaten-down scrips: Cherry picking time
Robust cash flows, low leverage and good revenue visibility is the mantra of experts. In the recent meltdown, scrips in four sectors — metals, infrastructure, realty and information technology — bore the brunt of the fall, losing 10-13 per cent over the past week, while the broader markets shed seven per cent. As investors turn risk-averse, they are avoiding companies with a larger exposure
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