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Don't invest in Sterlite Industries: Baliga
Published on Fri, Oct 03, 2008 at 15:07 | Updated at Fri, Oct 03, 2008 at 15:19 | Source : CNBC-TV18
Ambareesh Baliga of Karvy Stock Broking is of the view that one shouldn't invest in Sterlite Industries.
Baliga told CNBC-TV18, "We have been quite negative on the metal space for quite a while and especially after the pronouncements, which came from Sterlite post which they also withdrew it and going by the history of investor relations. As far as Sterlite is concerned, I will surely not invest in even at these levels."
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