SP Tulsian of sptulsian.com joins CNBC-TV18

I won’t be extending that same view here because Sterlite is largely deriving its topline and bottomline from the 64% stake they are holding in Hindustan Zinc . If you take a call on Hindustan Zinc, all is positive, whether you talk of zinc, lead or even silver, which are the products manufactured by the company. So I am not too worried.

Secondly, Sterlite is holding 51% in Bharat Aluminium Company Ltd. ( BALCO ). The aluminum cycle has been quite good and that apart, copper smelter too is performing reasonably well.
Therefore, it is general weaknesses we are seeing in case of Sterlite Industries, and for last 6 months, it has really not participated. In fact, at one point of time, Sterlite and Hindalco used to go hand-in-hand. Now, that parity has been disconnected.

So, I will advice to remain invested in Sterlite Industries because you have 64% investments held by the company in Hindustan Zinc that is a big value creator for the stock.