Why Cairn India
- Oil on the rise.
- Production on the rise.
- Profit on the rise.
- Growth projected 30%, So PE will try to catch up with growth as EPS increases.
- Wait for Q4 result, expected EPS Rs 35.
- Open offer will not get subscribed too.
- Oil is a non renewable
- Oil will remain high as dollar depreciates, US debt increases.
- ... to be continued. (you can add comments)
No comments:
Post a Comment