Sesa Sterlite (SSLT) was my first investment thesis published in Seeking Alpha. Sterlite Industries had then closed a difficult merger with Sesa Goa, which resulted in the formation of Sesa Sterlite. My estimate was that Sesa Sterlite would double in two years.
It is rather pleasing to see the stock surge by over 100% (on a merger adjusted basis) over a period of 10 months. This article discusses some of the key developments for Sesa Sterlite since my initiation and the reasons to remain bullish over the next 2-3 years.
Oil & Gas Asset Indeed Is A Game Changer
When I initiated Sesa Sterlite, I had mentioned that the company's 58.8% stake in Cairn India will...
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