LK
Lalit Kapoor• 3h ago
Sterlite Tech is garnering attention due to Nuvama's backing of their data center expansion plans, suggesting potential growth for the company in the data center sector.
Sterlite Tech is garnering attention due to Nuvama's backing of their data center expansion plans, suggesting potential growth for the company in the data center sector.
Sterlite Tech's potential value has been revised upward by analysts at Nuvama, with the new target price set at ₹280 - a significant increase from the previous ₹200. This suggests a positive outlook for Sterlite Tech's future performance.
Sterlite Tech has issued 4.53 million warrants to Twin Star at a price of Rs. 110 per warrant, increasing the promoter's stake to approximately 47.75% upon conversion. This move could potentially signify further investment or influence in the company.