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FY13 earnings growth can top 14% at best, 9% at least: MOSt

At the index level, Rajat Rajgarhia of Motilal Oswal Securities sees an earnings growth of about 5-6% in FY12 and 13-14% in FY13. "I think it‘s fair to assume that FY13 numbers will get moderated more closer to 9-10% growth," he asserts.

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