Buy Cairn India stocks, see upside: Expert
By Prashant R Nair | Published On: January 07, 2013 08:15 (IST) | Duration: 9 min, 51 sec
Mehul Thanawala, vice president of research at JM Financial Institutional Securities, talks to NDTV about the impact of government approving exploration in areas classified as development area. He expects this move to help Cairn meet its stated peak production guidance. For Reliance Industries, however, this move would be a little more tricky, although it does open up opportunities, he adds.