Stock Name – Cairn India Ltd
Listed Exchange: NSE, BSE
NSE Code- CAIRN
P/E or Price to Equity Ratio: 3.26
EPS or Earnings per Share: 99.60
P/B or Price to book value ratio: 1.82
Market Capitalization: Rs. 61,957.68 crore
Current Price on NSE – 325.10
52 Week Low – 267.70
52 Week High – 349
Our Review of Cairn India Stock
Cairn India is into the oil and gas exploration space. If you had invested in the stock in 2004, you would have invested at a level of 140, which implies an absolute return of 132% till date.
Tata and DSP mutual funds hold more than 10 lakh of Cairn India shares. Promoters have a stake of 58.76% in the stock. The stock has been through tough times in the past. However, it has decent EPS and is valued cheaper than it should be. You can buy it for the long term.