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    Earnings to grow 20% compounded; bearish PSUs: Dron Capital

    Gandotra feels the market is reasonably priced at around 15 times estimated FY15 earnings and around 12 times FY16 earnings. He sees the market delivering around 15-20 percent returns over the next 12 months.

    first published: Aug 19, 2014 09:53 am

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