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Nomura Raises Sterlite Technologies FY27–FY29 EBITDA Margin Estimates

Nomura raised its FY27, FY28 and FY29 EBITDA margin estimates for Sterlite Technologies by 151, 153 and 58 basis points, respectively, after the company reported strong Q2FY27 performance and upgraded FY29 margin guidance. Nomura retained its Buy rating.

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