Sesa Sterlite (SSLT) is an India based company, which is involved in the exploration, extraction and mining of a diversified natural resources. The company focuses on zinc lead silver, iron-ore, oil and gas and commercial power with operations which spans India, South Africa, Namibia, the Republic of Ireland, Australia, Liberia and Sri Lanka.
The decline in stock prices from $19.78 to $13.31 in a span of six months makes me bullish on the stock as it now provides an excellent long term buy opportunity. I will discuss what the prime reasons are for the fall in the company’s prices and how the company is well positioned to benefit the investors in long term. Continue Reading »