SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sterlite Industries’ copper smelter unit resumes operations

17 Jun 2013 Evaluate

Sterlite Industries’ copper smelter unit has resumed operations after the National Green Tribunal’s expert panel gave a green signal. The copper smelter unit was shut down over two months ago, after state-run Tamil Nadu Pollution Control Board (TNPCB) ordered the closure of the unit, due to sulphur dioxide allegedly leaked from the plant on March 23 and affected a large number of residents of Tuticorin.

On June 16, 2013, the panel members conducted its second phase of inspection and checked if the pollution monitoring equipment at the unit was working properly. Full-fledged working of the plant is expected to commence in a few days, maximum one week, when production would start.

Sterlite Industries (India) is India’s largest diversified metals and mining company. The company produces aluminium, copper, zinc, lead, silver, and commercial energy and has operations in India, Australia, Namibia, South Africa and Ireland.

Peers
Company Name CMP
Hindalco 977.95
Vedanta 752.50
Hindustan Zinc 562.00
Jain Resource Recycl 421.25
Gravita India 1552.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×