Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Cairn India is an excellent investment opportunity. For a long-term investor the target of between Rs 400-450 is reasonable, that is what one should wait for and should hold on."
At 12:09 hrs Cairn India was quoting at Rs 325.10, up Rs 0.30, or 0.09 percent. The share touched its 52-week high Rs 349.90 and 52-week low Rs 267.90 on 22 January, 2013 and 28 March, 2013, respectively. Also Read: 10th round of oil and gas block auction likely in JanuaryDiscover 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!