Goldman Sachs downgrades Cairn India
Reuters | Updated On: December 10, 2012 12:20 (IST)
Goldman Sachs has downgraded Cairn India to 'neutral' from 'buy', citing expectations of flat to declining earnings growth, based on its medium-term outlook of gradual moderation in oil prices.
The investment bank has also removed the stock from its Asia Pacific buy list.
Copyright: Thomson Reuters 2012
|For Profit Update,