Tuesday, February 19, 2008

Sesa Goa

Sesa Goa is largest iron ore exporter private sector company.

With rising Iron ore demand and prices in international market Sesa Goa will
became major beneficiery with expected revision of 45% to 50%.

Also the company has very high iron ore reserves which can last upto 18-20 years.
The company is currently trading at 8x FY08 which is fairly discounted to its global
peers. Investment is advisable in this stock for expected return of 40 to 45  percent
over a period of 9 to 12 months.