Cairn

vishaljain's picture

Cairn India is it a good investment at this price level

Cairn india is trading at 255 with market cap of 48000 cr. Company doesn't have any real earnings in past to talk about but Rajasthan fields have already started producing oil.  P/E is not a real measure to come for any valuation on this stock. How to value this .. is it expensive , cheap . Is there any more potential in this stock.

rahul das's picture

ONGC, RIL and Cairn , which one is best option ?

All of these are drilling oil for India's future. If they strike OIL , shareholders become rich if not they go nowhere.So where should I put money ?

I am sure that oil price will go higher in future. Middle east will remain unstable and nuclear development by Iran could create more tension between Israel and other neighbor. Any tension in middle east will take OIL prices to record high. Of course these are my predictions.

About rahul das

Author is Investment strategist at top 5 broking firm based in Mumbai.

sakar's picture

Looking at Technicals of Cairn India

cairn 1 month.png

stockguru's picture

Crude to hit $100 by feb, buy cairn india .

About stockguru

Stockguru has been investing in Indian Stocks since 1990.With an MBA in finance from Pune university and more than 20 years experience in finance industry he is a well respected finance professional.

dipak's picture

Dump RIL and Buy Cairn energy

Recent Comments and talks

What is AskDalal ?

AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title  or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.

>>> faq

Top Contributors

UserPoints
suniljain10,440
admin2,990
rahul das2,460
anilmehta1,710
dipak1,540
rakeshseth1,500
himesh1,350
stockguru1,110
shah1,060
bharat_vora1,040

Become Askdalal Research Analyst

Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.

If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.

Latest Dalal

  • Nerdforxxzux
  • Ionitabinnism
  • 274ufcbetting
  • kinommanka
  • payclickk