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Houseviews: Stocks that may move before the Budget
Tue, Mar 13, 2012 at 09:17
CAIRN INDIA
Brokerage: CITI
Rating: BUY
Target: Rs 412
Rationale: base case for Brent crude by the end of this year has now been upgraded to USD 125. Based on the renewed assumptions, their FY13 earnings estimates have risen by 14%.