CLSA's top picks: DLF, JP Associates, Jain Irrigation
PUBLISHED ON: September 19, 2011 | Duration: 21 min, 52 sec
Mahesh Nandurkar, Executive Director of CLSA says GDP growth is likely to moderate to 7.3 per cent for FY12. The markets are likely to see further 5-7 per cent earnings downgrade and this leg of downgrade would be driven by falling revenues.
