sterlite technologies (Emkay) Earnings cut by 22%, Downgrade to hold

Poor margins spoil the show; Disappointment continues; Management remains optimistic for FY12E & ahead; EPS estimates cut by 22% to Rs5.4 for FY12E
Date Rating Target Price Recommendation Price Broker house
2 May 2011 hold (from buy) 54 59 Emkay Report

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