Sterlite Tech News and Updates

Name: Latest research reports of Sterlite Technologies Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sterlite Technologies Ltd.
Rating: 1
Author: ICICI Securities Limited

Keep track of all breaking news on Sterlite Tech from all sources in a single place.

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Sterlite Technologies Ltd.

03 Sep 2020

106.31

6.58%

Sterlite Technologies shares fall 2% after CFO resigns

Moneycontrol

Anupam Jindal will be relieved from his duties with effect from close of business hours of September 11, 2020, company said.

Sterlite Technologies Ltd. is trading above its 200 day SMA of 101.2

Sterlite Technologies Ltd.

24 Aug 2020

106.31

6.58%

DGTR recommends a 10% safeguard duty on single-mode optical fibre imports

Moneycontrol

The decision came after Sterlite Technologies and Birla Furukawa Fibre Optics approached the DGTR, saying they were unable to compete with imports and regain their market share

Sterlite Technologies Ltd.'s price crossed above 200Day SMA today

Sterlite Technologies Ltd.

23 Aug 2020

106.31

6.58%

Sterlite Technologies to hire 400 people for new businesses

Business Today

Part of the hiring is also in view of the company's plans to take its services business global, in markets of the Middle East and Europe

Sterlite Technologies Ltd.'s price crossed above 30Day SMA today

Sterlite Technologies Ltd.

28 Jul 2020

106.31

6.58%

We will double revenue by FY23: Sterlite Tech

Economic Times

We will double revenue by FY23: Sterlite TechAll our manufacturing operations are at better than pre-Covid levels.'

Sterlite Technologies Ltd.'s price crossed above 200Day SMA today

Sterlite Technologies Ltd.

24 Jul 2020

106.31

6.58%

Sterlite Technologies

Sell: Sterlite Technologies Ltd.

Recommendation Target

ICICI Securities Limited

We highlight that while long term target is attractive, the fibre pricing weakness persists. Moreover, we would await meaningful traction in demand before turning constructive. Post ~40% run up since our last update, we downgrade our rating to REDUCE (vs. HOLD, earlier). We value...

Number of FII/FPI investors increased from 133 to 147 in Sep 2025 qtr.

Sterlite Technologies Ltd.

23 Jul 2020

106.31

6.58%

Sterlite Tech Q1 net profit plunges 96% to 6 cr

livemint

The company had recorded a profit of 142.87 crore in the same period a year ago

Sterlite Technologies Ltd. is trading above its 200 day SMA of 101.2

Sterlite Technologies Q1 net profit plunges 96% to Rs 6 crore

Moneycontrol | 23 Jul 2020 1 more

Sterlite Technologies Ltd.

08 Jun 2020

106.31

6.58%

Sterlite tech says manufacturing capacities now close to pre-Covid levels

Business Standard

The company, which designs and deploys high-capacity converged fibre and wireless networks, said it is taking all precautions to ensure safety of workers at its sites

Sterlite Technologies Ltd. is trading above its 200 day SMA of 101.2

Sterlite Tech says manufacturing capacities now close to pre-coronavirus levels

Economic Times | 08 Jun 2020

Sterlite Technologies Ltd.

02 Jun 2020

106.31

6.58%

Sterlite Technologies (105.9): Buy

Business Line

Investors with short-term perspective can buy the stock of Sterlite Technologies at current levels. The stock recorded a 52-week low at 59.8 in early

Sterlite Technologies Ltd.'s price crossed above 30Day SMA today

Sterlite Technologies Ltd.

13 May 2020

106.31

6.58%

Hold Sterlite Technologies; target of Rs 95: ICICI Direct

Moneycontrol

ICICI Direct recommended hold rating on Sterlite Technologies with a target price of Rs 95 in its research report dated May 13, 2020.

Sterlite Technologies Ltd.'s price crossed above 200Day SMA today

Sterlite Technologies Ltd.

13 May 2020

106.31

6.58%

Sterlite Technologies

Hold: Sterlite Technologies Ltd.

Target

ICICI Securities Limited

STL indicated that global fibre demand declined 7% YoY in 2019 (from 511 mn fkm to 477 mn fkm), on account of China slowing down after a massive 4G build. Globally most telcos have taken a capex pause and are delaying their investments. Hence, overall global fibre demand is expected to decline by 4.5% in 2020. Once the 5G investment cycle starts, demand is likely to pick up from H2FY21, with expected growth cycle of eight to 10 years. STL has decided to push the capacity expansion of OFC by six to nine months given the Covid-19 led disruption and demand challenge. The company...

Sterlite Technologies Ltd.'s price crossed above 30Day SMA today

Is Sterlite Technologies Ltd. worth buying?

844 Votes:

Buy 84.24%

Sell 7.7%

Hold 8.06%

80.62% Gain from 52W Low

High volume+gain today

Sterlite Tech News and Updates

Keep track of all breaking news on Sterlite Tech from all sources in a single place.