BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Closed|| Long (1Y)
Bank of America Merrill Lynch maintains neutral on Sesa Sterlite
The brokerage has cut its EPS estimate for the company for FY15 and FY16 by 10 per cent and 33 per cent respectively on account of falling oil and iron ore prices. Hindustan Zinc stake sale remains a positive trigger for the company, adds the brokerage.