BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie reiterates outperform on Cairn India
Near-term weakness in stock is a buying opportunity. Production is likely to go up. FY14E exit rate or rate of production estimated at 200kbpd (thousand barrels per day). Target at Rs 378.