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Houseviews: Brokerages views on Asian Paints, RIL, IDFC & CG

Mon, Jul 23, 2012 at 08:48

Source: CNBC-TV18
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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.