Wait before putting money on cairn india at the current rate of Rs.336/-.
The open offer is yet to be confirmed.The present open offer is only Rs.355/-.
One news items states
"Analysts say, even if the price offered to minority shareholders is increased to Rs 405 per share and all minority shares including Petronas’ 14.94% are tendered in the open offer, the average price would work out to Rs 343, with 20% of shares tendered at Rs 405 and the remaining 17.36% being held at Rs 272"
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