Avoid Sterlite: Gajendra Nagpal, Unicon Financial Solutions
One would have to really go into the details as to how much production capacity is coming from the Tuticorin plant.
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| Gajendra Nagpal, CEO, Unicon Financial Solutions, in a chat with ET Now talks about Sterlite.
On Sterlite being ordered to shut down its polluting plant, is this a big setback or is this just a normal course of action?
It is definitely a setback. One would have to really go into the details as to how much production capacity is coming from the Tuticorin plant. So one would wait for that detail to come out but definitely it is a setback. So to that extent, one has to avoid the stock for sometime.
On Sterlite being ordered to shut down its polluting plant, is this a big setback or is this just a normal course of action?
It is definitely a setback. One would have to really go into the details as to how much production capacity is coming from the Tuticorin plant. So one would wait for that detail to come out but definitely it is a setback. So to that extent, one has to avoid the stock for sometime.
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