Cairn India - Mulitbagger Trgt 650 2 yrs time frame
- Cairn India is headquartered in Gurgaon, India. It is engaged in the business of oil and gas exploration and production.Cairn India is one of the largest independent oil and gas exploration and production companies in India
- Most strongly fundemental company with attractive valuation.
- Its resource base has increased from 6.5 to 7.5 will help growth.
- The company has strong cash flow which will help it to do more acqusitions .
- With strong 25 to 30% yoy growth this is one of the best vauled company in india.
- With the PE of just under 3, we expect the comapny to reach 650 Rs in 2 years time frame.
One can Buy with Trgt 650 2 yrs time frame.
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