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India: The Bear Case

SLT is a strong Indian stock with a P/E of 9.7 and earnings growing every year. It is a copper, zinc and aluminum stock that is near 52 week lows on over reaction selling. While some stocks got ahead of themselves in the Indian market some are now being thrown out with the baby water.
SLT looks to be a remarkable value right now and I have been accumulating it with earnest.

Indian Stocks 2008: Are There Any Winners?

I am long SLT as well and it is the only indian stock that I own. At these levels I feel it very under valued. CFSB just upgraded the stock to outperform.