Dipan Mehta: The blue chip companies will continue to deliver; no doubt Asian Paints had a couple of bad quarters earlier but now it has recovered on loss ground.
Investors should continue to focus on such companies rather than some of the beaten down stock which are zooming up at this point of time.
Asian Paints has consistently outperform the industry and delivered better numbers within its peer group. All the valuations are on the high side; the company will continue to deliver higher returns at least then what the broader indices of the markets are delivering over long period of time.