Sterlite Industries India Limited (ADR) (NYSE:SLT.DL)

CAPS Rating: No stars

The Company is a non-ferrous metals and mining company.

Recs

1
Player Avatar umight (50.51) Submitted: 10/28/2008 1:01:07 PM : Outperform Start Price: $4.26 SLT.DL Score: +2.67

With a P/E of 3.37 and a Price/Book around 0.5, this is a value proposition that's hard to ignore. Yes, the world economy is in a major recession, but the market cap is less than the available cash. This could be ugly in the short term, but it's a great long term opportunity.

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