Nomura Starts Sterlite Tech at Buy, Rs 1,350 Target
“The Economic Times says Nomura initiated coverage on Sterlite Technologies with a Buy rating and a target of thirteen hundred fifty rupees, implying forty-eight point five percent upside.” — Vera Bullock, on air
On air: Vera Bullock on Futures & Crypto OvernightPublished
Updated · aired 2 times
At a glance
- First reported by Economic Times: “Nomura initiates coverage on Sterlite Tech, forecasts nearly 50% upside in 2026 multibagger. Here’s why”.
- Covered on BBN on Monday, October 5, 2026, at 11:37 PM ET on Futures & Crypto Overnight, by Vera Bullock; aired 2 times.
- Topics: Rs.
- BBN covered this story before: Jio Platforms IPO Likely Opens Oct 21, Per Economic Times (October 5).
The real story
The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.
- Economic TimesNomura initiates coverage on Sterlite Tech, forecasts nearly 50% upside in 2026 multibagger. Here’s why
What BBN said about it
Vera Bullock · Co-AnchorThe Economic Times says Nomura initiated coverage on Sterlite Technologies with a Buy rating and a target of thirteen hundred fifty rupees, implying forty-eight point five percent upside.
Vera Bullock · Co-AnchorJoining us is Preston Gallowglass, a consultant at Obvious & Sons, who bills four thousand dollars an hour. Preston, is this a good call?
Preston GallowglassVera, after extensive analysis, I can confirm that a stock which rises is, in fact, going up. That will be four thousand dollars.
Vera Bullock · Co-AnchorThe shares are already up four hundred thirty percent in six months and eight hundred eighty percent this year.
Vera Bullock · Co-AnchorIs that a bubble or a gift?
Preston GallowglassBoth. It's a bubble-gift. We call it a gubble. I'm trademarking it, and I'll bill you for saying it.
Vera Bullock · Co-AnchorNomura expects optical fibre demand, data-centre growth and a capacity expansion to lift revenue and margins. Anything you'd add?
Preston GallowglassYes. Fibre is long, and so is my invoice. Also, I once advised a sandwich shop to add bread. Revenue doubled.
Vera Bullock · Co-AnchorPreston, that's the most expensive sentence I've ever heard. We'll have to leave it there. Dale, don't even start.
Also on air
The story so far
- PB Fintech Sinks to 32-Month Low on Commission Cap Plan · Economic Times
- Jio Platforms IPO Likely Opens Oct 21, Per Economic Times · Economic Times
- Nomura Starts Sterlite Tech at Buy, Rs 1,350 Target (this story)
- German Orders Slump; Steamhouse India Jumps 10% · Bloomberg.com
- Asia Mostly Higher; Fuji Media Bids, Trent Jumps 13% · Reuters
- Anatomy of a Candle: Bitcoin's 4:30 AM Drop · Economic Times
From the archive: everything BBN aired on Monday, October 5, 2026 · the U.S. archive · all months
▶
▶