Cupid, Sterlite Tech among stocks top 10 equity PMS portfolios hold as Nifty, Sensex plunge up to 13% in 2026
BSE left its position unchanged.
· Economic Times Markets, ET Stocks
Despite a sharp market downturn in 2026, all 10 top-performing equity PMS strategies delivered positive returns in September, ranging from 3.55% to 5.67%. Amaltas Asset Management’s Keystone Fund led the rankings, while Cupid and Sterlite Technologies featured among the prominent holdings across multiple portfolio management strategies.
The analysis
BSE reported movement of 13%, 3.55% and 5.67%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.5% on the day at ₹888.00, and has returned +73.8% over three months. It sits 13% below its 52-week high. The telecom & media sector has moved +3.9% over the same period, so Sterlite Technologies is running 69.9 points ahead of its peers.
For Sterlite Technologies, the question is how much of this is already reflected in the price and how much re-rates the telecom & media peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The company directly in focus is STLTECH.
- Sector exposure: Telecom & Media.
- The immediate tone of coverage reads negative.
In this story
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