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Houseviews: Stocks that may move before the Budget

Tue, Mar 13, 2012 at 09:17

Source: Moneycontrol.com
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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%.