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Sterlite Technologies Stock Surges 860% YTD; Analyst Sees Further 40% Upside

Sterlite Technologies (STL) has seen an 860% year-to-date rally, turning Rs. 10.42 lakh into Rs. 1 crore in nine months. Nirmal Bang forecasts an additional 40% upside for the stock.

STLTECH

New Delhi, Oct. 5 -- A telecom stock has staged an astonishing rally this year, leaving investors in awe of its stellar multibagger gains despite weak sentiment in the broader stock market. The stock being discussed is Sterlite Technologies, a company that provides end-to-end solutions for buildi…