If you are looking for safe stock now days for fast rise of your portfolio value, invest right now in Cairn India Ltd. If you invest now, this stock can give your 2 to 3 time return in one to two year of investment.
The current price of Cairn India Limited stock is Rs 267. On 20th October 2009, its price was nearly Rs 300. Sensex and Nifty crashed enough from that time, You can buy Cairn India stock now with this low price.
Cairn India is now one of the biggest private Petroleum and natural gas exploration and production companies currently operating in the region.
MUMBAI (Reuters) – Cairn India, a unit of UK firm Cairn Energy, said on Wednesday it had reached a deal to supply crude oil from its field in western India to leading conglomerate Reliance Industries.
Cairn will deliver the oil, from its Mangala field in Rajasthan to Reliance’s refinery in Jamnagar in Gujarat.