- Sesa Sterlite has surged by 100% since my initiation. There is, however, more juice in the rally with an investment horizon of 2-3 years.
- The progress in the oil & gas segment (a game changer for the company) has been robust and is likely to positively impact valuations.
- The zinc segment, another big EBITDA contributor, is getting a $1.5 billion capex boost and this should prop up overall growth.
- Government change in India is positive from a development perspective and this is a good opportunity to buy an undervalued stock.