Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities Limited is of the view that Cairn India can touch Rs 320-325.
Thununguntla told CNBC-TV18, “There is no point in selling Cairn India at the current levels. It makes sense to hold on. In the short term one can atleast see Rs 320-325 but if one has 1.5-2 years it will not be a surprise if one sees even Rs 400 level.”
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