Mehraboon Irani positive on Mahindra CIE and Sterlite Technologies

The latest analysis and commentary by stock market guru Mehraboon J Irani on what is moving the markets today.

Talking about Sterlite Tech, Irani said, “This stock deserves a price of Rs 400 at least over the next 12-18 months and maybe higher. So at Rs 270 if I do not mind another Rs 20 drop for whatever reason, the stock should give me at least 60-70 percent return over the next 12-18 months.”