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Sterlite Tech shares are up 375% this year and CLSA sees another 48% upside
All four analysts tracking Sterlite Tech have a "buy" rating on the stock. CLSA's price target is the highest on the stock for the street.
Will provide insurance to all vessels coming to or going from India: DFS Secretary Nagaraju
India has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Sugar, and Hoger Offshore are the first beneficiaries. The pool reduces reliance on foreign insurers. It offers financial protection against war perils and cargo risks. This move strengthens India's control over its maritime trade.
Stock market crash: HCL Tech and 25 other stocks hit 52-week low; 65 locked at lower circuit, including Sterlite Tech - Upstox
Stock market crash: HCL Tech and 25 other stocks hit 52-week low; 65 locked at lower circuit, including Sterlite TechUpstox
Momentum Stocks: Thermax, Finolex Cables, Netweb, Natco Pharma hit 52-week high; Sterlite Tech at circuit
A few stocks saw sharp intraday moves and hit upper circuits. Sterlite Technologies, Indo Tech, Lux Industries, Norben Tea, Visa Steel, MSP Steel were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Momentum Stocks: Visa Steel hits upper circuit; Adani Ports, Laurus Labs at new high
Visa Steel, California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Momentum Stocks: Dr Lal PathLabs, JHS Svendgaard, Dar Credit rally on sheer momentum
A few stocks saw sharp intraday moves and hit upper circuits. California Software, Omax Autos, Axiscades Technologies, Sterlite Technologies, DCM Shriram Fin were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.
Trade Spotlight: How should you trade NTPC Green Energy, Tata Power, JB Chemicals, Sterlite Technologies, Ajanta Pharma, and others on March 16?
The market may continue to consolidate with a negative bias amid the West Asia tensions. Below are some short-term trading ideas to consider.