Hi Prakash,
Thanks for the info. Let us see how it pans out to be. May be someday I may get it available cheap.
Hi Narinder,
Thanks for your views. Regarding Pharma, I have very limited / almost nil knowledge of the industry / products, etc. Though I look forward to it and shall try understanding them. Regarding finance sector, I am looking into a few banks. Shall update.
For investing in great companies, I shall never invest at such high valuations. Great Company + Great Price = Mediocre returns. This is what I follow. Look at HUL, since last 3-4 years. It has not appreciated that much, though it does have a solid business. There are other examples as well. Stock prices and markets are slaves of earnings in the longer term. You may argue about Page. However it is a different story, it has been in a very high growth trajectory in the past plus an efficient business model. However, it is valued at around 70 PE!! means the market is expecting 70% growth, which according to me is very difficult to achieve over a long period of time.
Anyways, you may have different views. This is why it is called Markets. Thanks again. 
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