get benefited by counter bidding

ONGC is reported to be examining the price of the proposed Cairn-Vedanta deal to decide if it can mount a counterbid, even as petroleum ministry officials said they had no knowledge of it. On Monday, as hectic parleys continued in and out of the ministry, reports emerged that the government wants the country’s largest public sector oil company to join hands with other oil PSUs—GAIL India and Oil India—to finance the counterbid for the $8.4-9.6 billion deal at which Vedanta Resources wants to buy up to 62.3% stake in Cairn India from its Edinburgh-based parent.
Source http://www.financialexpress.com/news/PSU-oilcos-could-make-Cairn-counterbid/664162/
please refer ....http://dhanvarshagrp.blogspot.com/2010/02/get-benefited-by-competitive-bidding.html
so u can accumulate the stock at 340 level ...