Research Report

Large Cap
17 Feb 2012, 02:47 PM
Cairn India Ltd.
RBS
SELL
MID TERM
Price when Post
382.75
Target Price
330
Return
-13.7818%
Sell Cairn with a target of 330: RBS

The stock has rallied sharply following upward movement in brent price. Further chance of rally in spot crude prices cannot be ruled out. Valuation of Rs 370 by the brent futures curve.

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