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Avoid Cairn India, Vedanta: Avinnash Gorakssakar

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  • Published On: June 11, 2015
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Avinnash Gorakssakar of Precision Investment Services said a potential merger with Vedanta will not benefit Cairn India shareholders. Though Vedanta may benefit from access to Cairn's cash reserves, its earnings may remain weak over next few quarters due to depressed commodity prices.
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