SP Tulsian positive on Cairn India

SP Tulsian of sptulsian.com is positive on Cairn India.

Tulsian told CNBC-TV18, “Cairn India, the kind of road map they have given going ahead I think once the government clearances start coming in they can very well ramp up their production. Eventually they are looking for production of 5 lakh barrels in next 18-24 months.”
He further added, “If one really consider we have seen the correction in the crude prices that has made the stock to rule little dull or may be seen having some correction but I keep my positive stance on the stock because the kind of ramp up in the gas production from all their fields in Rajasthan will definitely be seen positive for the stock.”