Further upside in Sesa Goa, Deccan Aviation

Published on Thu, Jan 04, 2007 at 10:24 |  Source : Moneycontrol.com

Updated at Thu, Jan 04, 2007 at 17:39  

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Sesa Goa |

Amit Dalal of Amit Nalin Securities is of the view that there is a further upside in Sesa Goa , Deccan Aviation .

Dalal told CNBC-TV18, "I think Sesa Goa and Deccan Aviation have definitely a huge difference in the way they have been looked at now, if Sesa Goa stake is available of Mitsui for Mr. Mittal that would be a big rerating for the share and that will also move the market for this stock up because it is not easy to get shares for 20% increment, which you have to buy when you do such a takeover."

He further added, "Secondly, where Deccan is concerned, a breakeven here is most attractive for the investors in airline stocks and the model of Deccan is now applauded by all investors. So both these stocks are going to give perhaps further upside from here."

  

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