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Sterlite Technologies rises on partnering with TruVista Sterlite Technologies is currently trading at Rs. 172.10, up by 3.70 points or 2.20% from its previous closing of Rs. 168.40 on the BSE. The scrip opened at Rs. 174.45 and has touched a high and low of Rs. 175.00 and Rs. 171.75 respectively. So far 81107 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 192.95 on 19-Dec-2022 and a 52 week low of Rs. 142.00 on 28-Mar-2023. Last one week high and low of the scrip st...
Sterlite Technologies rises on partnering with TruVista
Sterlite Technologies rises on partnering with TruVista
Source: Accord Fintech
8/09/2023 10:26:17 AM
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities Result Synopsis Sterlite Technologies (SOTL) reported mixed operating performance for the quarter. The sequential revenue growth was below expectation; while EBITDA margin was as per estimates. Revenue declined by 18.7% QoQ, led by 26.7% QoQ decrease in Global networking segment; the Global Services segment grew by 0.3% QoQ as it continues to realign its Services segment with higher focus on profitability. There was sequential improvement in EBITDA margin(up 39 bps QoQ) led by focus on cos...
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities
Source: Yes Securities Ltd
5/08/2023 9:56:51 AM
Rss Feed Sterlite Technologies gains on winning Rs 250 crore deal for building, maintaining data centres Sterlite Technologies is currently trading at Rs. 147.75, up by 1.10 points or 0.75% from its previous closing of Rs. 146.65 on the BSE. The scrip opened at Rs. 146.05 and has touched a high and low of Rs. 148.70 and Rs. 145.80 respectively. So far 121047 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 192.95 on 19-Dec-2022 and a 52 week low of Rs. 142.00 on 28-Mar-2023. Last one week high and low of the scrip s...
Rss Feed Sterlite Technologies gains on winning Rs 250 crore deal for building, maintaining data centres
Rss Feed Sterlite Technologies gains on winning Rs 250 crore deal for building, maintaining data centres
Source: Accord Fintech
3/08/2023 3:39:49 PM
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities Result Synopsis Sterlite Technologies (SOTL) reported mixed operating performance for the quarter. The sequential revenue growth was below expectation; while EBITDA margin was as per estimates. Revenue declined by 18.7% QoQ, led by 26.7% QoQ decrease in Global networking segment; the Global Services segment grew by 0.3% QoQ as it continues to realign its Services segment with higher focus on profitability. There was sequential improvement in EBITDA margin(up 39 bps QoQ) led by focus on cos...
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities
Add Sterlite Technologies Ltd For Target Rs.177 - Yes Securities
Source: Yes Securities Ltd
1/08/2023 3:43:04 PM
Sterlite Technologies jumps on expanding partnership with Windstream to support fiber expansion projects Sterlite Technologies is currently trading at Rs. 151.05, up by 2.95 points or 1.99% from its previous closing of Rs. 148.10 on the BSE. The scrip opened at Rs. 152.95 and has touched a high and low of Rs. 153.95 and Rs. 150.45 respectively. So far 69177 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 192.95 on 19-Dec-2022 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip st...
Sterlite Technologies jumps on expanding partnership with Windstream to support fiber expansion projects
Sterlite Technologies jumps on expanding partnership with Windstream to support fiber expansion projects
Source: Accord Fintech
12/07/2023 11:38:07 AM
Sterlite Technologies trades higher on the BSE Sterlite Technologies is currently trading at Rs. 163.75, up by 2.35 points or 1.46% from its previous closing of Rs. 161.40 on the BSE. The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 164.55 and Rs. 161.85 respectively. So far 31850 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 242.90 on 22-Apr-2022 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip st...
Sterlite Technologies trades higher on the BSE
Sterlite Technologies trades higher on the BSE
Source: Accord Fintech
6/03/2023 12:23:44 PM
Sterlite Technologies trades higher on the BSE Sterlite Technologies is currently trading at Rs. 183.15, up by 5.90 points or 3.33% from its previous closing of Rs. 177.25 on the BSE. The scrip opened at Rs. 179.65 and has touched a high and low of Rs. 185.00 and Rs. 174.55 respectively. So far 172899 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 299.45 on 17-Dec-2021 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip s...
Sterlite Technologies trades higher on the BSE
Sterlite Technologies trades higher on the BSE
Source: Accord Fintech
16/12/2022 12:08:31 PM
Sterlite Technologies surges on acquiring balance 25% stake in Jiangsu Sterlite Fiber Technology Sterlite Technologies is currently trading at Rs. 176.40, up by 6.00 points or 3.52% from its previous closing of Rs. 170.40 on the BSE. The scrip opened at Rs. 171.75 and has touched a high and low of Rs. 177.40 and Rs. 170.50 respectively. So far 69480 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 305.55 on 15-Dec-2021 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip st...
Sterlite Technologies surges on acquiring balance 25% stake in Jiangsu Sterlite Fiber Technology
Sterlite Technologies surges on acquiring balance 25% stake in Jiangsu Sterlite Fiber Technology
Source: Accord Fintech
15/12/2022 11:14:15 AM
Buy Sterlite Technologies Ltd For Target Rs.210 - Yes Securities Sequentially improved operating performance; continues to gain market share in OFC market Result Synopsis Sterlite Technologies (SOTL) reported sequentially improved performance for the quarter. Both, the sequential revenue growth and EBITDA margin were as per expectation. It reported revenue growth of 12.3% QoQ, led by 15.5% QoQ increase in Global networking segment, and 10.5% QoQ increase in Global Services segment. There was sequential improvement in EBITDA margin(up 255 bps QoQ) led...
Buy Sterlite Technologies Ltd For Target Rs.210 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.210 - Yes Securities
Source: Yes Securities Ltd
7/11/2022 2:43:30 PM
Sterlite Technologies jumps on unveiling 5G Cosmos Sterlite Technologies is currently trading at Rs. 179.00, up by 13.35 points or 8.06% from its previous closing of Rs. 165.65 on the BSE. The scrip opened at Rs. 169.95 and has touched a high and low of Rs. 182.50 and Rs. 167.65 respectively. So far 65718 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 317.45 on 13-Dec-2021 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip s...
Sterlite Technologies jumps on unveiling 5G Cosmos
Sterlite Technologies jumps on unveiling 5G Cosmos
Source: Accord Fintech
6/10/2022 10:37:13 AM
Sterlite Technologies surges on launching India`s first Multicore fibre and cable Sterlite Technologies is currently trading at Rs. 168.95, up by 4.50 points or 2.74% from its previous closing of Rs. 164.45 on the BSE. The scrip opened at Rs. 168.95 and has touched a high and low of Rs. 168.95 and Rs. 168.95 respectively. So far 223 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 317.45 on 13-Dec-2021 and a 52 week low of Rs. 128.60 on 26-Jul-2022. Last one week high and low of the scrip stoo...
Sterlite Technologies surges on launching India`s first Multicore fibre and cable
Sterlite Technologies surges on launching India`s first Multicore fibre and cable
Source: Accord Fintech
3/10/2022 10:33:48 AM
Sterlite Technologies CFO Mihir Modi resigns Sterlite Technologies on Friday (23 September 2022) announced that Mihir Modi has tendered his resignation from the chief financial officer (CFO) and key managerial personnel position. Modi will be relieved from his duties with effect from close of business hours of Friday, 14 October 2022. The company said that it is in the process of appointing a new chief financial officer and the same will be intimated to the exchanges in due course. Sterlite Technologies is a leading end-to-end soluti...
Sterlite Technologies CFO Mihir Modi resigns
Sterlite Technologies CFO Mihir Modi resigns
Source: Dion Global Solutions Ltd
26/09/2022 12:43:35 PM
Buy Sterlite Technologies Ltd For Target Rs.26 - Yes Securities Substantial earnings beat on strong asset quality USFB delivered a substantial 59% PAT beat driven by much lower-than-estimated credit cost (rather negligible), which was underpinned by continuance of strong collection trends on Std. non-OTR pool and encouraging collections even from OTR and NPL portfolios. Consequently, PAR 0 declined to 7.9% as of June vs 9.6% as on March and GNPA/NNPA declined to 5.9%/0.1% from 7.1%/0.6%. Write-offs in Q1 FY23 were moderate at Rs790mn (<0.5% of gross...
Buy Sterlite Technologies Ltd For Target Rs.26 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.26 - Yes Securities
Source: yes securities
30/08/2022 3:03:31 PM
Buy Sterlite Technologies Ltd For Target Rs.203 - Yes Securities Mixed operating performance in the quarter Our view and valuation Overall, mixed performance for the quarter. While, revenue for the quarter was below estimates, EBITDA margin was inline with expectation. SOTL is expected to benefit from multi?year digital creation cycle led by 5G, FTTx and fibre demand from hyperscalars.  Also, optical fibre cable prices are on the rise globally and should benefit Sterlite Technologies. It has been gaining market share in global OFC market. T...
Buy Sterlite Technologies Ltd For Target Rs.203 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.203 - Yes Securities
Source: Yes Securities Ltd
27/07/2022 12:04:08 PM
Sterlite Technologies jumps on wining deal for building Indian telecom operator`s optical network Sterlite Technologies is currently trading at Rs. 149.40, up by 5.65 points or 3.93% from its previous closing of Rs. 143.75 on the BSE. The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 151.35 and Rs. 146.10 respectively. So far 75428 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 318.00 on 22-Jul-2021 and a 52 week low of Rs. 136.25 on 20-Jun-2022. Last one week high and low of the scrip st...
Sterlite Technologies jumps on wining deal for building Indian telecom operator`s optical network
Sterlite Technologies jumps on wining deal for building Indian telecom operator`s optical network
Source: Accord Fintech
20/07/2022 10:39:36 AM
STL wins Rs 250 cr deal to build Indian telco's optical network for 5G  Digital networks provider STL on Tuesday said it has bagged a multi-year deal worth Rs 250 crore with one of India's leading telecom operators, as the country gears up for 5G spectrum auction later this month. STL will provide specialised optical fibres and deployment services to build the service provider's network across nine telecom circles across the country. According to industry sources, STL will help Airtel deliver a world-class customer experience through enhanced ...
STL wins Rs 250 cr deal to build Indian telco's optical network for 5G
STL wins Rs 250 cr deal to build Indian telco's optical network for 5G
Source: IANS
19/07/2022 4:40:11 PM
Buy Sterlite Technologies Ltd For Target Rs.269 - Yes Securities Mixed operating performance in the quarter Our view Overall, mixed performance for the quarter. While, revenue growth was above estimate, EBITDA margin was below estimate on higher raw material, freight cost and other investments in UK business. SOTL is expected to benefit from multi‐year digital creation cycle led by 5G, FTTx and fibre demand from hyperscalars.  Also, optical fibre cable prices are on the rise globally and should benefit Sterlite Technologies. It has been gai...
Buy Sterlite Technologies Ltd For Target Rs.269 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.269 - Yes Securities
Source: Yes Securities Ltd
2/05/2022 12:06:03 PM
Sterlite Technologies rises on inking pact with PGCIL Sterlite Technologies is currently trading at Rs. 202.55, up by 1.90 points or 0.95% from its previous closing of Rs. 200.65 on the BSE. The scrip opened at Rs. 199.00 and has touched a high and low of Rs. 206.80 and Rs. 195.90 respectively. So far 212364 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 318.00 on 22-Jul-2021 and a 52 week low of Rs. 171.65 on 27-Jan-2021. Last one week high and low of the scrip s...
Sterlite Technologies rises on inking pact with PGCIL
Sterlite Technologies rises on inking pact with PGCIL
Source: Accord Fintech
25/01/2022 1:11:36 PM
Buy Sterlite Technologies Ltd For Target Rs.203 - Edelweiss Financial Services Execution challenges mar quarter Sterlite Technologies (Sterlite) reported weak Q3FY22 results due to execution challenges in the UK services business and a one-off provision in domestic services. Order book is strong, but a conducive external environment is necessary for its translation to revenue. We believe the products business will continue to see strong traction considering rising demand for digital connectivity. The company is also seeing good adoption of optical interconnect pro...
Buy Sterlite Technologies Ltd For Target Rs.203 - Edelweiss Financial Services
Buy Sterlite Technologies Ltd For Target Rs.203 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
22/01/2022 11:06:11 AM
Buy Sterlite Technologies Ltd For Target Rs.330 - Yes Securities Mixed operating performance in the quarter Our view Overall, mixed operating performance, led by this one off provision in the quarter. We expect it to be a minor blip and performance should pick up from Q4FY21. It is expected to be a major beneficiary of digital upcycle trend over the next decade, led by 5G and FTTx. Capex intensity will decline going ahead and it will lead to deleveraging of the balance sheet. We maintain our current BUY rating on the stock with revised target price o...
Buy Sterlite Technologies Ltd For Target Rs.330 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.330 - Yes Securities
Source: Yes Securities Ltd
21/01/2022 9:20:29 AM
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services Growth prospects lighting up We interacted with the new MD of Sterlite Technologies (Sterlite), Mr. Ankit Agarwal. Key highlights: i) Demand for fibre products is robust with resources for on-ground execution being the key constraint. ii) The company has hired industry veterans for key leadership positions, and the focus is now on execution. iii) Sterlite had identified the shift to software-defined networks early on and has built capabilities to capitalise on it. iv) Confident of achievin...
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
30/11/2021 9:23:19 AM
Weekly Tech Picks - Housing Development Finance Corporation Ltd, RITES Ltd, Sterlite Technologies Ltd, Triveni Turbine Ltd By Axis Securities Housing Development Finance Corporation * On the daily chart, the stock has broken out from a “Rounding formation” at 2850 levels on a closing basis along with rising volumes. * The stock is trending up across all the time frames forming a series of higher Tops and higher Bottoms representing strong up trend * This buying momentum was observed from 20-day SMA (2775) which reconfirms bullish sentiments * The daily and weekly strength indicator RSI is in bullis...
Weekly Tech Picks - Housing Development Finance Corporation Ltd, RITES Ltd, Sterlite Technologies Ltd, Triveni Turbine Ltd By Axis Securities
Weekly Tech Picks - Housing Development Finance Corporation Ltd, RITES Ltd, Sterlite Technologies Ltd, Triveni Turbine Ltd By Axis Securities
Source: Axis Securities Ltd
25/10/2021 12:24:07 PM
Buy Sterlite Technologies Ltd For Target Rs.355 - Yes Securities Strong execution on both revenue and margin front Our view Overall, strong execution on both revenue and margin front. It is expected to be a major beneficiary of digital upcycle trend over the next decade, led by 5G and FTTx. Capex intensity will decline going ahead and it will lead to deleveraging of the balance sheet.    We expect revenue to grow at CAGR of 22.9%(on low base of FY21) over FY22E‐ FY24E with average EBITDA margin of 18.4% over the period.  We m...
Buy Sterlite Technologies Ltd For Target Rs.355 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs.355 - Yes Securities
Source: Yes Securities Ltd
25/10/2021 11:45:35 AM
LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities * Stock has given symmetrical triangle pattern breakout on daily chart which is consider to be bullish continuation pattern by nature. * Strong volume has been witnessed at the time of breakouts. * Momentum indicator MACD has shown bullish crossover which is also positive. Buy Sterlite Technologies Limited - BUY @ 298-300 TGT 320 Stop Loss Below Rs. 284 CB Duration 1 Week   To Read Complete Report & Disclaime...
LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities
LKP Spade, Weekly Pick - Buy Sterlite Technologies Limited For Target Rs. 320 - LKP Securities
Source: LKP Securities Ltd
25/10/2021 11:27:11 AM
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services Strong demand driving growth Sterlite Technologies (Sterlite) logged Q2FY22 results broadly met estimates with the products business, specifically Optical Interconnect, driving growth. The services segment rebounded after a blip in the previous quarter due to the second covid wave. Network creators and governments are investing heavily in digital infrastructure, and Sterlite is hoping to capitalise on it with the investments it has made. The company is focused on three levers for growth...
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services
Buy Sterlite Technologies Ltd For Target Rs.386 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
25/10/2021 10:52:26 AM
Hold Sterlite Technologies Ltd For Target Rs. 295 - ICICI Direct Strong performance on benign base… About the stock: Sterlite Technologies (STL) is a leading telecommunication infrastructure player with offerings in optical fibre and cables, hyper-scale network design & deployment and network software. * STL has announced a fresh capex of | 200 crore to set up 9 mn Fkm optical fibre cable plant in the US and UK. Consequently, its overall optical fibre cable capacity is expected to expand from 33 mn Fkm to 42 mn Fkm * On the financia...
Hold Sterlite Technologies Ltd For Target Rs. 295 - ICICI Direct
Hold Sterlite Technologies Ltd For Target Rs. 295 - ICICI Direct
Source: ICICI Direct
5/08/2021 10:59:05 AM
Buy Sterlite Technologies Ltd For Target Rs. 350 - Yes Securities Our view It is expected to benefit from the network creation cycle led by 5G and FTTX which has   taken off. The growth in orderbook has started picking up with improving deal pipeline. Realization remains stable for the company due to its long term nature of contracts, through there has been some uptick in spot prices of optic fiber. Network integration business is expected to scale up as it expands globally; while it continues to invest in its Access solutions business. It trad...
Buy Sterlite Technologies Ltd For Target Rs. 350 - Yes Securities
Buy Sterlite Technologies Ltd For Target Rs. 350 - Yes Securities
Source: Yes Securities
26/07/2021 10:48:47 AM
Hold Sterlite Technologies Ltd For Target Rs.280 - ICICI Direct Expanding cable capacities globally… Sterlite Technologies’ (STL) management, during its annual investors and analyst meet, announced fresh capex of | 200 crore for setting up a 9 mn Fkm optical fibre cable plant in the US and UK. STL also outlined its three growth levers as to ‘Grow optical business’, ‘Globalise system integration and scale in India’ and ‘Build strong access solution business’. On the financial front, it aims to reach | 100...
Hold Sterlite Technologies Ltd For Target Rs.280 - ICICI Direct
Hold Sterlite Technologies Ltd For Target Rs.280 - ICICI Direct
Source: ICICI Direct
10/07/2021 10:11:08 AM
Sterlite Technologie Q4 net profit jumps 53.54% at Rs 109.20 cr The company reported standalone net profit of Rs 109.20 crore for the quarter ended March 31, 2021 as compared to Rs 71.12 crore in the same period last year, registering a year-on-year growth of 53.54 per cent. Net revenue of the company rose substantially by 25.34 per cent at Rs 1,304.22 crore in January-March quarter of this fiscal as against Rs 1,040.54 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 26.23 per cent to Rs 1,078....
Sterlite Technologie Q4 net profit jumps 53.54% at Rs 109.20 cr
Sterlite Technologie Q4 net profit jumps 53.54% at Rs 109.20 cr
Source: Dion Global Solutions Ltd
30/04/2021 9:42:39 AM
Sterlite Technologies -4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking Below are Views On Sterlite Technologies -4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd During the 4QFY21, Sterlite Technologies Ltd (STL) reported revenue of ~Rs1,475cr (up 27% YoY) which supported by strong export growth ~42%.On the EBITDA front, the company has reported Rs273cr and EBITDA margin at 18.5%, which is down by 97bps yoy due to higher expenditure. On the bottom-line front, PAT grew by ~55% to Rs124cr on the back of lower...
Sterlite Technologies -4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
Sterlite Technologies -4QFY21 Result Update by Mr. Amarjeet Maurya, Angel Broking
Source: Angel Broking Ltd
29/04/2021 2:12:43 PM
Sterlite Technologies trades in green on the BSE Sterlite Technologies is currently trading at Rs. 210.55, up by 2.30 points or 1.10% from its previous closing of Rs. 208.25 on the BSE. The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 217.65 and Rs. 205.60 respectively. So far 203263 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 217.65 on 22-Feb-2021 and a 52 week low of Rs. 59.80 on 13-Mar-2020. Last one week high and low of the scrip st...
Sterlite Technologies trades in green on the BSE
Sterlite Technologies trades in green on the BSE
Source: Accord Fintech
22/02/2021 1:58:20 PM
Hold Sterlite Technologies Ltd For Target Rs.200 - ICICI Direct Revenue growth comes back; Traction key ahead! Sterlite Tech’s (STL) performance in Q3FY21 was a mixed bag as topline beat (with growth returning after 4 quarters of decline) was offset by lower than expected margins. Revenues came in at | 1314 crore, up 9.3% YoY. Product and services were in the ratio of 55:45. EBITDA came in at | 230 crore, down 4.7% YoY, owing to revenue mix. Reported EBITDA margins came in at 17.5%, down 257 bps YoY. PAT came in line at | 86.6, up 64.6% YoY, as ...
Hold Sterlite Technologies Ltd For Target Rs.200 - ICICI Direct
Hold Sterlite Technologies Ltd For Target Rs.200 - ICICI Direct
Source: ICICI Direct
27/01/2021 12:20:19 PM
Sell Sterlite Technologies Ltd For Target Rs.128 - Yes Securities Conference call takeaways * During the quarter, the company saw sharp pick up in capacity utilization across fibre and product segment while service business execution improved sequentially. It expects this growth momentum to continue in Q4. The company continues to focus on the wireless segment and Open Radio Access Network (O‐RAN) going forward.    The Optical Fibre cable industry grew by 5% yoy while the company outpaced it. It is expanding Optic Cables capacity to 33 Mn. Fk...
Sell Sterlite Technologies Ltd For Target Rs.128 - Yes Securities
Sell Sterlite Technologies Ltd For Target Rs.128 - Yes Securities
Source: Yes Securities Ltd
21/01/2021 10:08:09 AM
Sterlite Technologie Q3 net profit up 22.52% at Rs 79.39 cr The company reported standalone net profit of Rs 79.39 crore for the quarter ended December 31, 2020 as compared to Rs 64.80 crore in the same period last year, registering a year-on-year growth of 22.52 per cent. Net revenue of the company rose moderately by 7.36 per cent at Rs 1,193.25 crore in October-December quarter of this fiscal as against Rs 1,111.48 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 14.06 per cent to Rs 99...
Sterlite Technologie Q3 net profit up 22.52% at Rs 79.39 cr
Sterlite Technologie Q3 net profit up 22.52% at Rs 79.39 cr
Source: Dion Global Solutions Ltd
20/01/2021 1:55:13 PM