Sterlite Technologies Ltd. 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: 3
Author: ICICI Securities Limited

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

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Sterlite Technologies Ltd.

22 Oct 2021

60.85

2.30%

Earnings Call for Q2FY22 of Sterlite Technologies

Conference Call with Sterlite Technologies Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.

Sterlite Technologies Ltd.

21 Oct 2021

60.85

2.30%

Sterlite Technologies Q2 net profit up over 81% at Rs 106 crore

Moneycontrol

Sterlite Technologies Ltd's (STL's) revenue rose 30 per cent to Rs 1,508 crore in the second quarter of the current fiscal (Q2 FY22).

Sterlite Technologies Ltd. has lost -24.42% in the last 1 Month

Sterlite Technologies Ltd.

21 Oct 2021

60.85

2.30%

to see Rapid results content

Sterlite Technologies Ltd.

05 Sep 2021

60.85

2.30%

Business reorganisation committee to give recommendations by mid Nov: Sterlite Tech CEO

Business Line

Reorganisation aimed at simplifying overall corporate structure

Sterlite Technologies Ltd. has lost -24.42% in the last 1 Month

Business reorganisation committee to give recommendations by mid Nov: Sterlite Tech CEO

Business Line | 05 Sep 2021

Sterlite Technologies Ltd.

27 Jul 2021

60.85

2.30%

Hold Sterlite Technologies: target of Rs 295: ICICI Direct

Moneycontrol

ICICI Direct recommended hold rating on Sterlite Technologies with a target price of Rs 295 in its research report dated July 23, 2021.

Sterlite Technologies Ltd. has lost -42.66% in the last 3 Months

Sterlite Technologies Ltd.

23 Jul 2021

60.85

2.30%

Sterlite Technologies

Hold: Sterlite Technologies Ltd.

Target

ICICI Securities Limited

...

Sterlite Technologies Ltd. has lost -48.48% in the last 6 Months

Sterlite Technologies Ltd.

22 Jul 2021

60.85

2.30%

Sterlite Tech to acquire UK's Clearcomm for 15.5 million

Business Line

Move to enhance presence across the UK and Europe

Sterlite Technologies Ltd. has lost -56.24% in the last 1 Year

Sterlite Tech Q1 profit jumps multi-fold to Rs 116 cr as Covid curbs eased

Business Standard | 22 Jul 2021 3 more

Sterlite Technologies Ltd.

05 Jul 2021, 12:00AM

60.85

2.30%

Sterlite Technologies

Hold: Sterlite Technologies Ltd.

Target

ICICI Securities Limited

STL 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. STL indicated that capacity enhancements will support extensive fibre build-outs planned across the US, Europe and UK to boost rural broadband and 5G roll outs. On the financial front, it aims to reach | 10000 crore revenue run rate by Q4FY23 (vs. | 10000 crore revenue target in FY23 earlier, given Covid led delays in services portfolio) along with net debt/equity < 0.5 and RoCE > 20%. The...

Sterlite Technologies Ltd. has lost -10.91% in the last 1 Week

Sterlite Technologies Ltd.

30 Apr 2021

60.85

2.30%

Sterlite Technologies

Hold: Sterlite Technologies Ltd.

Target

ICICI Securities Limited

STL has indicated that OFC capacity utilisations are at 100%. It also said that optical fibre demand has revived by investments in digital infrastructure. Globally, OFC industry volumes in 2021 are likely to grow ~6% YoY. STL perceives that unprecedented decade of digital network creation is on the anvil. The company has also maintained that, going ahead, growth should be driven by growing OFC volumes, optical interconnect business, scaling up SI business (both domestically and going global) and building access solution business. We bake in revenues CAGR of ~26.6% in FY21-23E. We...

Sterlite Technologies Ltd. has lost -10.91% in the last 1 Week

Sterlite Technologies Ltd.

15 Apr 2021

60.85

2.30%

India not imposing safeguard duty on optic fibre imports

Moneycontrol

Consideration into the matter began after domestic fibre optic players such as Birla Furukawa Fibre Optics and Sterlite Technologies complained about the boost in imports since July 2019.

Sterlite Technologies Ltd. has lost -56.24% in the last 1 Year

Is Sterlite Technologies Ltd. worth buying?

825 Votes:

Buy 84.48%

Sell 7.76%

Hold 7.76%

Near 52W Low of ₹58.86

Sterlite Technologies Ltd. News and Updates

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