SP Tulsian of sptulsian.com told CNBC-TV18, “I don’t think that any negative is really seen on Sterlite Industries because now the merger will also happen very soon with Sesa Goa. So, I don’t think that anything negative is seen for the stock going forward because if you see the business model of the company standalone copper is doing okay and even the Hindustan Zinc stake – Zinc has been doing quite well. So, overall stock seems to have bottomed out."
He further added, "There is no point in taking the trading call which may not give much upside from hereon. We may again see the profit booking start coming in from the level of Rs 88-89."
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