Buy Sterlite Industries

UK-based Vedanta's Indian arm has outperformed its peers in terms of sales and earnings growth and is still available at a lower P/E multiple. Profits rose 63% on higher aluminium prices and better copper treatment and refining margins. While softening of base metal prices due to sluggish demand is a concern, earnings growth from its silver business remains strong. The scrip has under performed during the last 3 years and is likely stay muted going forward. Time Span Price Change %Change Today 122.00 -3.05 -2.43 Week 125.35 -0.30 -0.23 Month 167.95 -42.90 -25.54 Three Months 167.50 -42.45 -25.34 Six Months 159.70 -34.65 -21.69 One Year 152.10 -27.05 -17.78 Two Years 170.15 -45.10 -45.10 Three Years 153.74 -28.69 -18.66 Long term investors should utilize deep cuts to accumulate the stock from current levels and hold for a period of 2 years for a near 100% return. Bought to you by Ingenious Investor Equity Research Division Ravina Consulting Pattamal Plaza 3rd Cross Kamanahalli BANGALORE 560084 For Free Stock Advise + Ideas sowmya@ravinaconsulting.com Talk / SMS 08105737966 Read - www.ingeniousinvestor.blogspot.com Follow us - www.twitter.com/smartinvestor