{"id":287593,"date":"2026-10-05T15:45:32","date_gmt":"2026-10-05T10:15:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=287593"},"modified":"2026-10-05T15:45:32","modified_gmt":"2026-10-05T10:15:32","slug":"sterlite-technologies-share-price-860-percent-nirmal-bang-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-860-percent-nirmal-bang-buy\/","title":{"rendered":"Sterlite Technologies Share Price: Rs 10.42 Lakh Became Rs 1 Crore in Nine Months After an 860% Rally, Nirmal Bang Initiates Buy With a Rs 1,340 Target, and What AI Data Centre Demand and Valuation Mean for Investors"},"content":{"rendered":"

Sterlite Tech +3.7% to Rs 989.70, up about 860% in 2026, mcap Rs 51,000 cr. Nirmal Bang Buy, target Rs 1,340. Q1 PAT Rs 197 cr. Order book Rs 18,600 cr.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Sterlite Technologies share price rose 3.7% to Rs 989.70 on 5 October, taking its market capitalisation to about Rs 51,000 crore and its 2026 rally to about 860%, which turns Rs 10.42 lakh invested at the start of the year into roughly Rs 1 crore. Nirmal Bang initiated coverage with a Buy and a target of Rs 1,340, about 40% above the previous close, citing stronger demand, an earnings recovery and a rising share of higher-margin connectivity products. The company reported record Q1 FY27 revenue near Rs 1,910 crore and profit of Rs 197 crore, with an order book that jumped 155% quarter on quarter to Rs 18,600 crore on AI data centre demand. After a 38% gain in one month and a price-to-book near 17.5 times, valuation and volatility are the main risks.<\/p>\n<\/p><\/div>\n

Sterlite Technologies share price rose another 3.7% to Rs 989.70 on Monday, 5 October, after Nirmal Bang initiated coverage with a Buy rating and a target of Rs 1,340. The optical fibre and digital infrastructure company has become one of the market’s biggest multibaggers, up more than 1,050% in nine months from its March low of Rs 84.60 and about 860% in 2026.<\/p>\n

If you are searching for the Sterlite Tech target price and why the stock has risen so much, this article covers the rally, the Nirmal Bang call, AI data centre demand from hyperscalers, Q1 FY27 results, the order book, the Rs 3,000 crore capacity expansion, CLSA’s view, valuation, key levels and the risks. The Rs 10.42 lakh to Rs 1 crore example is an illustration, so check the figures yourself.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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