Sesa Goa drained full of Cash it has and will have too !…. to Invest US $ 3 Billion for a 20% Stake in Cairns India…. both drop sharply by over 8% to Rs 321 and over 6% to Rs 333 respectively
How should one now view and play Sesa Goa and Cairns India ? Markets have been excited for a few days by the Vedanta Group buying out the controlling stake in Cairns India from a subsidiary of Cairns Energy….. Cairns India had raced away to a new High of Rs 368 yesterday morning….. then came …