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IPO frenzy: Too much frenzy! People should be very cautious putting big money into IPOs: Sandip Sabharwal

“Whenever consumer stocks correct 20% odd from the top, we take a look. Asian Paints has its own issues going because of the entry of Grasim into the paints sector, growing competitive intensity and to that extent, it is a different story. But possibly something like Dabur, Godrej Consumer or Britannia, are the stocks we can buy at lower levels.” ....

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