Buy Asian Paints: Neeraj Deewan

Neeraj Deewan of Quantum Securities told CNBC-TV18, "I think Asian Paints is one which is still corrected and still not really recovered too much. I think the stock will be one where I think results are important to watch, but even if one has to see over medium to long-term, I think 15 percent below the recent high should be a stock which one should look at buying even now.""I think the stock has been trading at a premium valuation. The premium will continue with the market leadership position that they are into," he said.