BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains underperform on Cairn India
Cut earnings per share estimates by 32-45 per cent because of falling crude oil prices. Do not foresee a recovery in Brent price. An overshoot on the downside is possible.