Over-Valuation has hit Sterlite Industries

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Mon, May 11, 2009

Zinc Company News
Post by Melissa Pistilli, Zinc Senior Reporter

The market is witnessing a rally driven by sentiment, and the surge in prices of several large-cap stocks is not supported by an improvement in fundamentals. Sterlite Industries, which has seen the highest price rise among large-cap metal stocks, is one such scrip and the valuation looks stretched.

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