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Hold Cairn India, target of Rs 235: Indiabulls Securities

Posted on: July 8th 2009 in Brokerage Recommendations.

Indiabulls Securities Research has maintained its hold rating on Cairn India, with price target of Rs 235, in its report dated June 30, 2009. “Overall, increasing reserves and growing production potential augur well for CIL. We expect the company to witness a substantial growth dur…

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