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

Sterlite Technologies Ltd.

NSE: STLTECH | BSE: 532374 | ISIN: INE089C01029 | Industry: Telecom Cables
| Weak Stock

87.2600 3.25 (3.87%)

NSE Apr 21, 2025 15:49 PM

43.72% Fall from 52W High

Volume: 2.0M

Sterlite Technologies Ltd.

25 Apr 2019

87.26

3.87%

Sterlite Technologies

Sell: Sterlite Technologies Ltd.

Recommendation Target

ICICI Securities Limited

Services & solution share in revenues to expand The company indicated that services and solution segment contribution increased to ~37% of topline in FY19 (vs. ~26% in FY18) given the superior execution in the Navy and other services projects. We also note that of the total order book of | 10,516 crore, services order book is ~| 5,000 crore, which, as per management, is likely to contribute to ~50% of the topline, in the next couple of years. Therefore, we raise our revenue forecast for FY20 and FY21E by ~9% & 16%, respectively, to build in superior execution in the...

Sterlite Technologies Ltd. has lost -30.94% in the last 1 Year