See lower levels in Sterlite Industries: Sukhani

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26 Aug, 2025 12:21

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See lower levels in Sterlite Industries, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Sterlite Industries is a disappointment, it had a rally and then it has gone in a trading range. Now Sterlite comes in the sell list because metals are broadly under performing. So for anybody looking to hedge long positions, Sterlite is a perfect opportunity.”

He further added, “Earlier we had Hindalco and that did come down. Sterlite and Sesa Goa together are not doing the right things. They are giving the impression of a very weak environment for themselves. So, Sterlite actually could continue going down even if the broad market goes up.”