As India’s Economy Booms, Bargains Get Harder to Find.

In a recent Barron’s article highlighting the relatively expensive valuations of stock in India, Dalton India equity Co-Portfolio Manager, Venkat Pasupuleti, commented on finding relative opportunities in the financial sector in ICICI Bank and Axis Bank: “These two are performing in line with HDFC, or better, and trading at discount.” Read the rest of the article here (article is subscription only).