CLSA Upgrades Sterlite Tech, Sees Another 70% Upside
Author: CNBC-TV18 Markets·
Key Takeaways
- •All four analysts covering the stock currently rate it a Buy.
- •Bloomberg’s consensus target price is ₹674.
- •The target price implies about 20% upside from Friday’s close.
- •The latest note supports an already broadly positive analyst consensus.
- •Bloomberg’s target is lower than CLSA’s higher estimate.
According to Bloomberg analyst recommendations, all four analysts covering the stock have a Buy rating. The consensus target price stands at ₹674, implying an upside of about 20% from Friday's closing.
For readers tracking the stock, the useful context is that this is already a broadly supported analyst view rather than a one-off call: with all four covering analysts aligned on Buy, the latest upgrade fits into an existing positive consensus. At the same time, the Bloomberg target of ₹674 is materially lower than CLSA’s higher estimate, so the new note adds to the range of published expectations rather than replacing them.