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Buy Cairn India stocks, see upside: Expert

PUBLISHED ON: January 7, 2013 | Duration: 9 min, 51 sec

   
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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.
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