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4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Cairn India Limited    CAIRN   INE910H01017

End-of-day quote. End-of-day quote  - 08/26
200.65 INR   -0.47%
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VEDANTA SEES NO TAX HITCH IN MERGER

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08/22/2016 | 10:18am CEST

Cairn Energy based in Edinburgh will have a stake of five percent in Vedanta Ltd after it merges Cairn India with itself. Cairn Energy has a running tax dispute with the Government of India and it will also

get four percent preferential shares in the merged entity under a scheme announced in 22 Jul 2016 by Vedanta promoters. Vedanta Group led by Anil Agarwal expects to complete the merger of Vedanta Ltd with its subsidiary Cairn India by Mar 2017. The acting chief executive officer and financial head of Cairn India has said that the tax dispute will not have any impact on the merger process.

Copyright (c) 2016 . Informatics India Ltd., source Indian Business Insight

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Latest news on CAIRN INDIA LIMITED
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Financials ( INR)
Sales 2017 91 483 M
EBIT 2017 17 077 M
Net income 2017 16 768 M
Finance 2017 130 000 M
Yield 2017 1,64%
P/E ratio 2017 21,52
P/E ratio 2018 15,90
EV / Sales 2017 2,69x
EV / Sales 2018 2,12x
Capitalization 376 191 M
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Cairn India Limited Technical Analysis Chart | CAIRN | INE910H01017 | 4-Traders
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Mean consensus HOLD
Number of Analysts 22
Average target price 183  INR
Spread / Average Target -8,9%
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Managers
NameTitle
Sudhir Mathur Chief Executive & Financial Officer
Navin Kumar Agarwal Chairman
Aman Som Mehta Independent Non-Executive Director
Omkar Mihir Goswami Independent Non-Executive Director
Edward T. Story Independent Non-Executive Director
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