Tuesday, 6 October 2026Updated 13m ago
Broker call▲ Bullish for Sterlite Technologies

Nomura initiates Sterlite Technologies at Buy with ₹1,350 target

5 sources · first seen 08:54 6 Oct · updated 11:28 6 Oct

The brief

Written from 5 reports · check the source before you trade
  • The target implies 48.5% upside, according to one report
  • Nomura forecasts 14% compound annual growth for the company
  • The bullish coverage may support sentiment for Sterlite Technologies, though the target is a brokerage forecast

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Read the reports

5 reports · earliest 08:54
CNBC-TV18Stocks to Buy: Nomura sees 35% upside in stock already up 800% this year08:54Economic TimesNomura initiates coverage on Sterlite Tech, forecasts nearly 50% upside in 2026 multibagger. Here’s why08:56MoneycontrolSterlite Technologies shares jump over 3%, extend rally to 25% in 5 days; Nomura bullish09:21Business TodaySterlite Technologies shares cross Rs 1,000 mark, hit record high; here are fresh price targets10:27Business StandardSterlite Tech gains 5% as Nomura initiates coverage with 'Buy' call11:28