Buy Sterlite Technologies, target Rs 422: Kunal Bothra

Buy Sterlite Technologies Ltd. at a price target of Rs 422.0 and a stop loss at Rs 386 from entry point.

Independent analyst Kunal Bothra has a buy call on Sterlite Technologies with a target price of Rs 422.

The current market price of Sterlite Technologies is Rs 392.30.

Time period given by the analyst is 'Intra Day' when Sterlite Technologies price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 386.

Sterlite Technologies, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 15,222.80 Crore) operating in Cables sector.

The company’s top management includes Dr.Anand Agarwal, Mr.A R Narayanaswamy, Mr.Anil Agarwal, Mr.Arun Todarwal, Mr.Pratik Agarwal, Mr.Pravin Agarwal, Mr.Sandip Das, Ms.Avaantika Kakkar.
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Company has SRBC & Co LLP as its auditors.

As on 31-12-2017, the company has a total of 400,758,128 shares outstanding.
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