Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessStocksBuy Sterlite Technologies; target of Rs 220: ICICI Direct

    Buy Sterlite Technologies; target of Rs 220: ICICI Direct

    ICICI Direct is bullish on Sterlite Technologies recommended buy rating on the stock with a target price of Rs 220 in its research report dated November 23, 2022.

    Broker Research
    November 24, 2022 / 12:13 IST

    ICICI Direct's research report on Sterlite Technologies

    Sterlite Technologies (STL) is a leading telecommunication infrastructure player with offerings in in optical fiber and cables, hyper-scale network design, and deployment and network software.

    Outlook

    We value STL at Rs 220 (Rs 295, earlier), at 18x FY24 P/E.

    For all recommendations report, click here

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Sterlite Technologies - 24 -11-2022 - icici

    Broker Research
    first published: Nov 24, 2022 12:13 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347