3. Sterlite Industries ( SLT) is a subsidiary of Vedanta Resources and is a non-ferrous mining company. During the third quarter, consolidated net revenue increased 25% year-over-year on improved realizations for zinc, aluminum and lead. Earnings before interest and tax for copper and aluminum grew 38% and 120%, respectively. Overall, net income jumped 60% during the same quarter. The company is well placed to capitalize on strong metal demand through its expansion plans in the zinc-lead segment and higher merchant power. However, capex plans are on hold and the litigation regarding Tuticorin could have a bearing on earnings, going forward. Analysts have a 100% buy ratings and the stock is expected to deliver 29% in the next one year, based on consensus estimates. The stock is trading at 8 times its estimated 2011 earnings.