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Sterlite Industries (India) Ltd.

  • Southern Copper Is On the Road To Recovery

    By Nur Tarkak - May 14, 2013 | Tickers: FCX, SCCO, SLT

    Southern Copper (NYSE: SCCO) released its first quarter financial report on April 26, showing quite disappointing figures. Almost all key result areas are down versus the previous quarter, and against the same period a year ago. But in spite of that, shares went up. It seems that investors did not care much about the current financial performance of the company. Instead, the trading of Southern Copper was heavily influenced by more »

  • These Indian Stocks are Spicy Hot and Ready to Serve

    By Phillip Woolgar - April 18, 2013 | Tickers: SLT, TTM, WIT

    Several markets throughout the world are positioned to take off in the coming years, and many have already started their upward swing. Brazil, Russia, India and China (BRIC) are considered to be the highest economic growth regions in the world.

    India stands out to me as one of the surest bets moving forward. The country's massive population of nearly 1.3 billion consists of a growing middle class that more »

  • How to Play the Iron Ore Shortage

    By Piyush Arora - April 16, 2013 | Tickers: MT, BHP, RIO, SLT

    India is the third largest exporter of iron ore in the world, and any disruption in its supply affects international iron ore prices. But due to the political mess in the country, the Supreme Court of India imposed a ban on the operations of over 200 mines in Goa last year. This was followed by bans in Indian states of Karnataka and Orissa, which altogether account for more than 90 more »

  • These Indian Stocks are Spicy Hot and Ready to Serve

    By Phillip Woolgar - April 14, 2013 | Tickers: SLT, TTM, WIT

    Several markets throughout the world are positioned to take off in the coming years, and many have already started their upward swing. BRIC (Brazil, Russia, India and China) are considered to be the highest economic growth regions in the world.

    India stands out to me as one of the surest bets moving forward. The country's massive population of nearly 1.3 billion consists of a growing middle class that more »

  • Hunting for a Value Play

    By Piyush Arora - April 2, 2013 | Tickers: MT, BHP, RIO, SLT, X

    India is the third largest exporter of iron ore around the world, and any disruption in its supply affects the international iron ore prices. But due to the political mess in the country, the Supreme Court of India imposed a ban on the operations of over 200 mines in Goa last year. This was followed by bans in Karnataka and Orissa, which altogether account to more than 90% of India more »

  • India: Risks and Opportunities to Consider

    By Piyush Arora - February 27, 2013 | Tickers: HDB, INFY, SLT, WIT

    According to recent estimates by Citigroup, India is expected to grow at 5.5% in 2013. Moreover Indian economy is third largest in the world by purchasing power parity, which gives an idea of the immense proportions of growth potential in the country. Unlike China, India is a self-driven economy, which means whatever it manufactures is mostly for domestic consumption. It is due to this reason that despite the sovereign more »

  • A High-Yielding Industrial Giant for Your Portfolio

    By Piyush Arora - February 15, 2013 | Tickers: BHP, CLF, VALE, SLT

    Emerging countries including India, China and Brazil are expected to grow at a rapid pace. Their rising industrial production, coupled with the recovering US economy, present a bullish case for industrial plays. Their respective governments are trying hard to revive their growth engines, and their trade policy easing is attracting a lot of foreign investments. Moreover, China’s $156 billion infrastructure spending plan will further pump up infrastructure activity, which more »

  • Are These Copper Stocks Glitter or Dirt?

    By Chris Hodge - January 28, 2013 | Tickers: FCX, SCCO, SLT

    Some people say that gold is the only thing that glitters. Personally, I think copper's pretty awesome. But what of the companies that produce it? Are they high quality or shady? Are they great deals or value traps? I honestly don't know, so let's take a look at some industry players.

    Freeport-McMoRan Copper & Gold (NYSE: FCX) is a shining example of the power of being big. As more »

  • Are You Ready for a Copper Rally?

    By Piyush Arora - January 14, 2013 | Tickers: FCX, SCCO, SLT

     

     
     
     
     

  • 5 Dividend Stocks to Consider for a Diversified BRIC Portfolio

    By Meena Krishnamsetty - January 8, 2013 | Tickers: CMGE, ABV, MBT, PTR, SLT

    According to the latest issue of the IMF’s “World Economic Outlook,” economic growth in the BRIC nations will account for the lion’s share of the global output growth. Some earlier estimates say that the BRIC nations will account for 37% of global growth in the period 2011-2016. While developed economies are expected to accelerate growth to a still-meager 1.5% in 2013 from 1.3% last year, BRIC more »

  • Is Freeport McMoRan A Good Value After Lower Earnings?

    By Meena Krishnamsetty - October 23, 2012 | Tickers: ABX, FCX, NEM, SCCO, SLT

    Freeport-McMoRan Copper & Gold (NYSE: FCX) reported a weak third quarter yesterday, with copper sales volumes declining 3% and the company’s overall revenues falling by 15%. With high production costs high, margins declined as well, which is why net income was down 22% from the third quarter of 2011. Freeport McMoRan’s gold sales were also down, contributing to the poorer bottom line. Investors follow the company because copper demand more »

  • Why Do Hedge Funds Like Freeport McMoRan?

    By Meena Krishnamsetty - September 12, 2012 | Tickers: ABX, FCX, NEM, SCCO, SLT

    Freeport-McMoRan (NYSE: FCX) is not a safe stock. Statistically it has a beta of 2.3, indicating that the stock price moves sharply with the broader markets; however, it has declined 3% over the last year against a rising market, and its mere 1% gain so far in 2012 underperforms as well. As can be inferred, Freeport McMoRan is a mining company which provides copper and gold; it also produces more »

  • Mining New Profits In Copper’s Rebound

    By Karen Rogers - September 5, 2012 | Tickers: FCX, SCCO, SLT

    Although copper has been hit hard by the world economic slowdown and general financial malaise, it has fared somewhat better than other non-precious metals.  Along with the housing industry, copper is required for making the vital components and wiring needed to meet rising tech and electronic demands.  The London Metal Exchange reports copper inventories are at their lowest levels since the beginning of June this year.  Amid scarcity concerns, three more »