Sesa goa will recover soon to 150 levels. I think during recession, commodities market will rise again and Sesa will benefit.
It is ironic but there are several factors are favourable for Sesa this quarter
1. Rupee weakness will also work in Sesa goa favour.
2. Again, the company has negligible debt which makes zero impact in the interest rate hike.
3. Logistic plays a major role in the Sesa’s profitability, as crude oil price went down during the second half of this year impacting the logistics cost and boosting the operating margin.

The company is available at P/BV of 4.28x, which is below average compared to its peers. Sesa Goa should be a long term bet and now looks good for quick gains too. Just wait for the quarterly result and everyone gets their answer!!...