Sesa Goa : BUY Call

**mani.buzzingstocks** · 07-03-2010 02:37 AM

Wednesday, May 5, 2010
http://www.buzzingstocktips.com/2010...-buy-call.html

CMP / Reco Price : 380
Target: 760
Time Span : 1 Year

Sesa Goa Limited is involved in iron ore mining, beneficiation and exports. The Company is also active in ship building and repair as well as manufacturing of pig iron and metallurgical coke. Sesa has developed an energy recovery technology to manufacture coke, compliant with advanced global emission norms.
Historically, this stock corrects 20 - 30 % under normal market corrections. It has corrected recently from 490 to 380 which is close to 25 %. Its an excellent opportunity to buy this stock at a P/E of 15. Recent quarterly results are very strong and its expected to continue the same.

**rmani84** · 07-15-2010 08:40 PM

Sesa Goa Q1 Results on 19-Jul-10 ...

**rmani84** · 07-20-2010 04:34 PM

Sesa Goa has announced its results for the quarter ended June 2010. It has reported consolidated net profit at Rs 1,302 crore as against Rs 422 crore, a growth of 242% on year-on-year basis (YoY)

Consolidated total income increased 139% to Rs 2,413 crore from Rs 1,011.5 crore (YoY) and EBITDA margins stood at 64%.

Numbers were better-than-expected. CNBC-TV18 was expected total income at Rs 1908 crore, net profit at Rs 809 crore and EBITDA margin at 61%.

Sesa Goa : BUY Call

Sesa Goa : BUY Call

Sesa Goa Q1 cons net profit up 242% at Rs 1,302 cr

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