Prashant Jain, chief investing officer at HDFC AMC, says that deciding on what price to pay for a stock is the toughest part. Markets typically extrapolate the short-term growth rate to the long-term and that is where the markets get it wrong, at-least over the short periods, he adds. Watch more videos: http://profit.ndtv.com/videos?yt Download the NDTV news app: https://play.google.com/store/apps/details?id=com.july.ndtv&referrer=utm_source%3Dyoutubecards%26utm_medium%3Dcpc%26utm_campaign%3Dyoutube
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