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Raamdeo Agrawal on what to look for if you want maximum excitement in the market
Raamdeo Agrawal, Chairman of MOFSL, believes that one can earn good returns in stocks with a 20%-25% growth rate, as well as small, underrated companies. He saw the Indian stock market rise 650-fold and maintains that periods of growth and decline are inevitable, with a 10%-12% consistent return being possible. He notes that the Indian markets’ current valuation is near historical averages and the earning season is strong.