Q.
Having 150 shares of sterlite industries @175. hold or exit. advice me.
Asked by dilip Kumar,
01 Aug '12 02:17 pm
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Answers (5)
1.
I think hold for long term. China is importing raw materials from Brazil; think if Sterlite ever wins this business with its lower transportation costs. Also, if Sterlite ever increases prices from their depressed levels while containing costs, they can become very profitable again fast.
Source: Tarun Agrawal
Answered by Tarun Agrawal, 02 Aug '12 05:07 am
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2.
Merger with Sesa Goa is big boost for Sterlite , please hold :)
Source: Sandeep Kumar
Answered by Sandeep Kumar, 08 Aug '12 12:46 pm
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3.
Sterlite is being murged with SESA goa and soon you will get SESA shares in exchange so both the companies jointly has become a one very strong company now you will get good profit hold for a year or so.
Answered by ajit ramdas vaidya, 07 Aug '12 02:33 pm
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