Saturday, September 13, 2008

Sterlite Industries (India) Ltd

The Sterlite Industries (India) Ltd. (BSE:STRL) common stock depreciated sharply on 10 September 2008, reflecting negative investor reaction to the company’s announcement on 09 September that it has agreed to a group-wide corporate restructuring plan, which will see its aluminum and energy businesses spun off to a sister company.

No comments:

Post a Comment