Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
Cairn India Ltd. (Amalgamated) is not traded on NSE in the last 5 days
BSE
Cairn India Ltd. (Amalgamated) is not traded on BSE in the last 5 days

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
23-07-2015 Buy 179.15 250.00
N/A
Closed Custom
23-07-2016

CLSA maintains buy on Cairn India

CLSA said a possible rejection of the merger proposal between Vedanta and Cairn India will lead to a re-rating of Cairn India shares. The brokerage maintained its "buy" rating on Cairn India with a target price of Rs 250 per share, indicating a potential upside of 50 per cent from Wednesday's closing price. CLSA says minority shareholders may reject the merger.

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