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Not much upside to IT stocks: Bhavin Shah

  • 9:42
  • Published On: June 27, 2011
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Equirus Securities CEO Bhavin Shah says there is a question mark over the health of US economy but the corporate sector is likely to do well. Shah has scaled back the multiple expectations from IT companies because the premium valuations for IT firms have to be justified by positive earnings which is unlikely in the June quarter.
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