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Is India losing the rationale for premium?

Monday 25th Jul 2011 146

Is India losing the rationale for premium?

Mumbai : India’s coveted perch is under threat. For long a market that commanded a higher premium than its peers in the Asia Pacific region as well as the emerging markets, it is starting to see its valuations being questioned.

Until now, higher return on equity and strong domestic demand-led growth justified the premium.

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