Sterlite Industries Buy Sell Tips Report Discussion
Sterlite Industries (India) Limited (SIIL) is India’s largest non-ferrous metals and mining company. It is a listed company in the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) of India. The company has earned the reputation of becoming the first Indian metals and mining company to be listed in the New York Stock Exchange (NYSE). It primarily deals with Aluminium, Copper, Zinc & Lead and Commercial Energy. The headquarters are located at Mumbai, India.
SIIL’s primary operation sites exist in India and Australia. It is the principal subsidiary of Vedanta Resources plc. Vedanta Resources plc. is a diversified and integrated FTSE 100 metals and mining company. SIIL depends upon four operating subsidiaries. They are Hindustan Zinc Limited (HZL), Copper Mines of Tasmania Pty Limited (CMT), Bharat Aluminium Company (BALCO) and Sterlite Energy. HZL helps with integrated zinc & lead operations, CMT helps with copper operations in India & Australia, BALCO helps with aluminium and alumina operations and Sterlite energy supports in the commercial power generation business of SIIL.
As per the 2008-09 annual report the consolidated turnover of SIIL for the year 2008-09 was Rs. 21,144 crores. The fund base of shareholders’ fund base rose to Rs. 25,613 crores & cash and liquid investment rose to Rs. 19,287 crores.
In the year 2009, SIIL has won the prestigious “International Star Award for Quality” under the Gold category from Business Initiatives Directions of Spain. Moreover the Sterlite Manufacturing locations and its Data Center has achieved ISO 27001 certification.
The performance of the SIIL in the BSE is attracting traders mainly for the long term investments. In the short term arena the trade pundits are keeping it towards the lower part of their stock & trading analysis and business tips. More activity in terms of buying & less in terms of selling can be expected with the rapid and stable growth of SIIL.
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Buy Sterlite Industries with a target of Rs 900 and stop loss of Rs 825, says Rakesh Bansal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 838, down 0.73% on the BSE.
Buy Sterlite Industries with a target of Rs 900 and stop loss of Rs 825, says Rakesh Bansal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 838, down 0.73% on the BSE.
Buy Sterlite Industries with intra-day target of Rs 855 and then 900 and stop loss of Rs 826, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 852.50, up 1.4% on the BSE.
Buy Sterlite Industries with target of Rs 900 and stop loss of Rs 830, says Hardik Jain, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 865.45, up 0.7% on the BSE.
Buy Sterlite Industries with target of Rs 956 and stop loss of Rs 896, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 912.80, down 0.2% on the BSE.
Sell Sterlite Industries with targets of Rs 850 and 825 and stop loss of Rs 890, says Anu Jain, technical analyst, on CNBC TV18. The stock is currently trading at Rs 863.45, down 1.2% on the BSE.
Buy Sterlite Industries with stop loss of Rs 760, says Rahul Mohinder, technical analyst, on CNBC TV18. The stock is currently trading at Rs 775, up 0.64% on the BSE.
Sell Sterlite Industries with target of Rs 710 and stop loss of Rs 795, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 747.65, down 2.1% on the BSE.
Only traders should buy Sterlite Industries on dips to around Rs 730-740, says Rajesh Jain of SMC Global Securities on CNBC Awaaz. The stock is currently trading at Rs 735.15, down 3.7% on the BSE.
Hold Sterlite with a target of Rs 800-825 where one can exit, says Rahul Mohindar, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 762, down 2.27% on the BSE.
Hold Sterlite Industries with targets of Rs 850 on crossing its resistance of Rs 785 and 800 and stop loss of Rs 730, says Mileen Vasudeo, technical analyst, on NDTV Profit The stock is currently trading at Rs 752, down 3.6% on the BSE.
Hold Sterlite Industries with a stop loss of Rs 705, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 757, up 1.7% on the BSE.
Hold Sterlite Industries for 5% returns from the current levels in the short term, says Paras Bothra of Ashika Stock Broking on NDTV Profit. The stock is currently trading at Rs 752.70, up 0.8% on the BSE.
Hold Sterlite Industries with target of Rs 850-860 and stop loss below Rs 800, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 810, up 0.1% on the BSE
Buy Sterlite Industries with a target of Rs 882 and stop loss of Rs 825, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 854, up 2.05% on the BSE.
Hold Sterlite Industries with target of Rs 920 and stop loss of Rs 810, says Kunal Sarogi, technical analyst, on Zee Business. The stock is currently trading at Rs 852.05, up 0.5% on the BSE.
Hold Sterlite Industries with target of Rs 925 and stop loss of Rs 810, says PK Agarwal of Purpleline Investment on Zee Business. The stock is currently trading at Rs 850.15, up 0.3% on the BSE.
Hold Sterlite Industries with target of Rs 890 and stop loss of Rs 790, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 831.40, down 1.3% on the BSE.
Sell Sterlite Industries with target of Rs 710 and stop loss of Rs 750, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 721.15, down 2.5% on the BSE.
Sell Sterlite Industries with target of Rs 660 in 1-2 weeks and stop loss of Rs 775, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 753, up 5.4% on the BSE.
Hold Sterlite Industries with target of Rs 1000 in 18 months, says Sharad Avasthi of SKP Securities on NDTV Profit. The stock is currently trading at Rs 736.60, down 2.6% on the BSE.
Ranbaxy Q4 results have come in with consolidated sales at Rs 2486.7 crores versus Rs 1577 crores and net profit is at Rs 961 crores versus loss of Rs 761 crores, reports CNBC TV18. The stock is currently trading at Rs 462.40, up 1.8% on the BSE.
Sell Sterlite Industries at Rs 697 with target of Rs 685 and stop loss of Rs 703, says Hemen Kapadia, technical analyst, on CNBC TV18.
Sell Sterlite Industries with target of Rs 662 and stop loss of Rs 715, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 690.80, down 1.3% on the BSE.
Sell Sterlite Industries with target of Rs 675 and stop loss of Rs 711, says Salil Sharma, technical analyst, on NDTV Profit. The stock is currently trading at Rs 699, down 0.2% on the BSE.
Yesterday, the market tried to claw up again but failed to do so and it is headed down again, says Salil Sharma, technical analyst, on CNBC TV18. He advises selling Sterlite Industries with target of Rs 630 and stop loss of Rs 665.
Exit Sterlite Industries which is weak and can go down to Rs 540, says Kunal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 630, down 3.4% on the BSE.
Hold Sterlite Industries with target of Rs 717 and strict stop loss of Rs 612, says Ashu Bagri, technical analyst, on NDTV Profit. The stock is currently trading at Rs 630, down 3.4% on the BSE.
Hold Sterlite Industries with target of Rs 720 and stop loss of Rs 645, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 654.10, up 1.9% on the BSE.
Short sell Sterlite Industries at current levels with target of Rs 540 and stop loss of Rs 640, says Rakesh Bansal of New Age Wealth on NDTV Profit. The stock is currently trading at Rs 627.40, up 3.2% on the BSE.
Buy Sterlite Industries with target of Rs 650 and stop loss of Rs 618, says D Prasad, market analyst, on Zee Business. The stock is currently trading at Rs 632, up 0.4% on the BSE.
Sell Sterlite Industries with intra-day target of Rs 605 and stop loss of Rs 645, says Anil Singhvi, market analyst, on CNBC Awaaz. The stock is currently trading at Rs 632.50, up 0.5% on the BSE
Buy Sterlite Industries with target of Rs 650 and stop loss of Rs 620, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 627.25, down 0.4% on the BSE.
Buy Sterlite Industries with target of Rs 655 and stop loss of Rs 630, says Shardul Kulkarni of Angel Broking on NDTV Profit. The stock is currently trading at Rs 648, up 1% on the BSE
Buy Sterlite Industries with 1-2 day target of Rs 675 and stop loss of Rs 650, says Prakash Gaba, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 669.80, up 2.6% on the BSE
Buy Sterlite Industries with target of Rs 220 and stop loss of Rs 168, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 185.55, up 9.4% on the BSE.
Hold Sterlite Industries with target of Rs 196-200 and stop loss of Rs 160, says Mileen Vasudeo, technical analyst, on NDTV Profit. The stock is currently trading at Rs 177.40, up 0.7% on the BSE.
Buy Sterlite Industries with target of Rs 177 and stop loss of Rs 162, says Somil Mehta of Sharekhan on NDTV Profit. The stock is currently trading at Rs 169.40, up 0.7% on the BSE.
Exit Sterlite Industries on rally and buy again above Rs 170 with target of Rs 186, says Salil Sharma, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 166.50, up 0.9% on the BSE.
Buy Sterlite Industries with target of Rs 184 and stop loss of Rs 171, says Ashish Chaturmotha of Anand Rathi Securities on NDTV Profit. The stock is currently trading at Rs 174.60, up 0.5% on the BSE.
Buy Sterlite Industries with targets of Rs 196 and 208 and stop loss of Rs 170, says Mileen Vasudeo, technical analyst, on Zee Business. The stock is currently trading at Rs 177.60, down 0.7% on the BSE.
Hold Suzlon Energy with target of Rs 69 and stop loss of Rs 52, says Hemant Kale of Maia Financial Services on NDTV Profit. The stock is currently trading at Rs 56.90, up 0.7% on the BSE.
Buy Sterlite Industries at Rs 150 with long-term view, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 158.05, down 1.6% on the BSE.
Sell Sterlite Industries with intra-day target of Rs 152 and stop loss of Rs 162, says Anil Singhvi, market analyst, on CNBC Awaaz.
Hold Sterlite Industries with stop loss of Rs 150 and exit on any rally, says Kunal Saraogi, technical analyst, on Zee Business. The stock is currently trading at Rs 153.15, up 0.7% on the BSE.
Hold Sterlite Industries with trailing stop loss of Rs 149 and exit at around Rs 160-162, says Akshita Deshmukh, technical analyst, on CNBC TV18. The stock is currently trading at Rs 154.25, up 1.4% on the BSE.