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    Hard to find midcap stocks with right valuation: Kotak Equities

    Non-banking finance companies (NBFCs) are trading at 3-4 times FY18 book value which makes them more expensive than the likes of HDFC Bank or HDFC, noted Sanjeev Prasad of Kotak Institutional Equities.

    first published: Jan 31, 2017 11:27 am

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