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EARNINGS REPORT : CG Power Q4 Net Loss Rs 444 Cr Vs Rs 929 Cr YoY EARNINGS REPORT : CG Power Net Loss At Rs 12.1 Cr Vs Rs 1,320 Cr YoY EARNINGS REPORT : Essar Shipping Q4 PAT Rs 76.63 Cr Vs Loss Of Rs 35.6 Cr YoY EARNINGS REPORT : Essar Shipping Q4 Total Income From Ops Rs 306 Cr Vs Rs 209 Cr YoY

10 X Earnings: The Valuation Trigger

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Jeff Chowdhry, Head-EM Equities at F&C Investments, sees selective buying at current levels. “I am a big supporter of the Reserve Bank of India’s prudent policy. But we do expect rates to come down in 2013 and markets will cheer as rates go lower,” he says.