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Avinash Gorakshakar, Market Expert told CNBC-TV18, "If Clariant Chemicals need to be purchased it has to be purchased at levels of around Rs 700 odd. I think in terms of the earnings and in terms of the valuations, the time horizon the investor needs to give at least should be about 12-15 months, so one should wait for a while and then enter on dips."
At 14:42 hrs Clariant Chemicals India was quoting at Rs 720, down Rs 14.70, or 2 percent on the BSE.