Stocks

CLSA hikes Sterlite Tech share price target by 47%; maintains Outperform call on stock that’s up 775% YTD

Economic Times MarketsTuesday, 15 September 2026

Sterlite Tech shares gained 2% after CLSA raised its target price by 47% to Rs 1,400, implying a 55.55% upside, while retaining its Outperform rating. The brokerage expects the company’s capacity to expand 50% by FY29, backed by Rs 3,000 crore of approved capex. Revenue is projected to reach Rs 20,000 crore, driven by AI data centres and hyperscalers.

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Markets · 15 Sept 2026

Quote of the day by Edwin Lefevre: "It is only fair to admit that the commonest and most expensive blunder that all exceptionally brilliant business men make is being right too soon"

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Source: Economic Times Markets

Forex · 15 Sept 2026

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Source: Economic Times Markets

Bonds · 15 Sept 2026

Why does the US bond selloff matter for global markets?

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Source: Economic Times Markets