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Analysts' corner
CAIRN INDIA Reco price: Rs 357 Target price: NA Cairn India’s 100 per cent subsidiary, Cairn Energy India (Cairn Energy), has notified the Management Committee of an oil discovery in the Nagayalanka-SE-1 well in the onshore block KG-ONN-2003/1 in the Krishna-Godavari Basin. Cairn Energy is the operator in the block with 24 per cent stake, while Cairn India and ONGC hold 25 per cent and 51 per