Jitender Kumar, SBICAP Securities is of the view that Cairn India has target of Rs 340.
Kumar told CNBC-TV18, “I am bullish on Cairn India. This is one of the large cap picks for me. I am looking for a target of Rs 340 with a stoploss of Rs 305 to 309. I feel the way the stock has held the Rs 309 level is very bullish and it can move higher from these levels.”Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!