BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA upgrades Sesa-Sterlite to buy
Operating performance likely to improve for five out of six businesses. Cairn acquisition debt has gone down. Stock offers strong 33 per cent earnings per share CAGR over FY 2014-16. Upgrade FY2015-16 consolidated ebitda by 3-7 per cent. Target Rs 225.