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Houseviews: Brokerages views on Asian Paints, RIL, IDFC & CG
Mon, Jul 23, 2012 at 08:48
Asian Paints
Brokerage: Standard Chartered
Rating: In-line
Target: Rs 3,738
Rationale: Valuations are at a 35% premium to the historical median. With volume growth slowing down, justifying these premium valuations is getting increasingly difficult.