HFCL LTD.
Ventura
Telecom products & defence to propel growth
| Summary | Date | Stock | Author | LTP | Target | Price at reco (Change since reco%) |
Upside(%) | Type | Report | Discuss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 Jun 2024 | HFCL |
Ventura
|
75.86 | 163.00 | 111.57 (-32.01%) | Target met |
Buy
|
||||
| 22 May 2023 | Sterlite Tech |
ICICI Direct
|
119.05 | 200.00 | 152.55 (-21.96%) |
Buy
|
|||||
| 22 May 2023 | Sterlite Tech |
ICICI Direct
|
119.05 | 200.00 | 152.55 (-21.96%) |
Buy
|
|||||
| 28 Jan 2023 | Sterlite Tech |
ICICI Direct
|
119.05 | 220.00 | 175.00 (-31.97%) |
Buy
|
|||||
| 23 Nov 2022 | Sterlite Tech |
ICICI Direct
|
119.05 | 220.00 | 177.20 (-32.82%) |
Buy
|
|||||
| 12 Jul 2022 | HFCL |
Ventura
|
75.86 | 86.00 | 68.25 (11.15%) | Target met |
Buy
|
||||
| 25 Jan 2019 | Sterlite Tech |
ICICI Securities Limited
|
119.05 | 350.00 | 284.10 (-58.10%) |
Buy
|
|||||
| 14 Dec 2018 | Sterlite Tech |
Emkay
|
119.05 | 292.00 | 289.00 (-58.81%) | Target met |
Buy
|
SOTL has corrected 25% from its peak last month. Investors are concerned about three thin...
Emkay
SOTL has corrected 25% from its peak last month. Investors are concerned about three things: 1) a fall in spot optic fiber (OF) prices; 2) a slowdown in OF orders from China Mobile in 2018; and 3) any delay in 5G rollout globally. We spoke to SOTL management and found that it is confident on achieving the USD100m net profit target by FY20E. We maintain our Buy rating as we do not see any risk to our FY19-21 earnings forecasts amid rising data consumption globally. Stock is available at 16.3x PER/9.4x EV/EBITDA FY20E. The ongoing proliferation of data networks should keep the demand for SOTL's products/services intact. In addition, China contributes just 10% to SOTL's sales now....
|
|||
| 26 Nov 2018 | Sterlite Tech |
Axis Direct
|
119.05 | 382.00 | 334.85 (-64.45%) |
Buy
|
|||||
| 25 Oct 2018 | Sterlite Tech |
ICICI Securities Limited
|
119.05 | 400.00 | 326.70 (-63.56%) |
Buy
|
Sterlite Technologies
ICICI Securities Limited
Revenue came in at | 1084.3 crore, up 39.1% YoY, much ahead our expectations of | 962.8 crore. In terms of revenues breakup, product formed ~75% of the topline, with remaining being services. Exports formed 45% of the overall revenues. The revenues were boosted by...
|
||||
| 10 Oct 2018 | Aksh Optifibre |
Joindre Capital Services
|
7.23 | 24.50 (-70.49%) |
Buy
|
AKSH OPTIFIBRE LIMITED
Joindre Capital Services
Aksh Optifibre Ltd (AOL) is a vertically integrated player with Optical Fibre and Optical Fibre Cable capacity housed under one single manufacturing facility & amongst the largest Optical Fibre Cable manufacturers in India. AOLs operations are also diversified with FRP rods, with a sizable capacity & coupled with the only Ophthalmic Lens manufacturing facility in India. AOL is also undertaking e-Governance services, which includes 10,000 plus e-Governance kiosks in the state of Rajasthan, India. AOL has 7 manufacturing plants located at Bhiwadi, Silvassa,Reengus, Kehrani in India & Jafza Dubai, Jiangsu China & Mauritius with a total capacity of 7 mn FKM for OF & 10.7 mn...
|
|||||
| 27 Sep 2018 | Aksh Optifibre |
Joindre Capital Services
|
7.23 | 60.00 | 26.50 (-72.72%) |
Buy
|
AKSH OPTIFIBRE LIMITED
Joindre Capital Services
Aksh Optifibre Ltd (AOL) is a vertically integrated player with Optical Fibre and Optical Fibre Cable capacity housed under one single manufacturing facility & amongst the largest Optical Fibre Cable manufacturers in India. AOLs operations are also diversified with FRP rods, with a sizable capacity & coupled with the only Ophthalmic Lens manufacturing facility in India. AOL is also undertaking e-Governance services, which includes 10,000 plus e-Governance kiosks in the state of Rajasthan, India. AOL has 7 manufacturing plants located at Bhiwadi, Silvassa,Reengus, Kehrani in India & Jafza Dubai, Jiangsu China & Mauritius with a total capacity of 7 mn FKM for OF & 10.7 m n...
|
||||
| 20 Jul 2018 | Sterlite Tech |
ICICI Securities Limited
|
119.05 | 400.00 | 330.15 (-63.94%) |
Buy
|
Sterlite Technologies
ICICI Securities Limited
Revenues came in at | 876.9 crore, up 17.8% YoY, slightly ahead our expectations of | 871.1 crore. In terms of revenue breakup, product formed ~77-78% of the topline, with the remaining being services....
|
||||
| 11 Jul 2018 | Sterlite Tech |
ICICI Securities Limited
|
119.05 | 450.00 | 308.10 (-61.36%) |
Buy
|
Sterlite Technologies
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Sterlite Technologies (Sterlite) has announced the signing of definitive agreements for acquisition of a European specialised optical fibre cable manufacturer Metallurgica Bresciana S.p.A (Metallurgica) in all cash deal for the total consideration of Euro 47 mn (| 367 crore), to be funded by...
|
||||
| 07 May 2018 | Sterlite Tech |
Axis Direct
|
119.05 | 383.00 | 340.40 (-65.03%) | Target met |
Buy
|
||||
| 30 Apr 2018 | Sterlite Tech |
Axis Direct
|
119.05 | 383.00 | 352.40 (-66.22%) | Target met |
Buy
|
||||
| 26 Apr 2018 | Sterlite Tech |
ICICI Securities Limited
|
119.05 | 440.00 | 342.70 (-65.26%) |
Buy
|
Sterlite Technologies
ICICI Securities Limited
Revenues came in at | 846.6 crore, up 19.7% YoY, slightly below our expectations of | 866.6 crore (22.6% YoY growth). The key driver of revenue growth continued to be exports, which formed ~60% of the...
|
||||
| 25 Apr 2018 | Sterlite Tech |
Emkay
|
119.05 | 500.00 | 336.00 (-64.57%) |
Buy
|
Record profits to continue Reiterate BUY with 49% upside to our TP of Rs500. Catalysts fr...
Emkay
The first phase of ongoing 50m KM capacity expansion will be completed by Dec'18. Optic fiber cable production is also ramping up with strong export sales. We see SOTL as a pure play on data consumption with clear business moat and high...
|
||||
| 26 Feb 2018 | Sterlite Tech |
Emkay
|
119.05 | 500.00 | 365.50 (-67.43%) |
Buy
|
Large SI order win of Rs35bn SOTL announced Rs35bn order win from Indian Navy. This is …
Emkay
SOTL was announced lowest bidder a year ago. But was negotiating with the government for better terms. Government had to increase its budget allocation for this contract. We are bullish on SOTL's optic fiber business (75% of revenue). The capacity expansion...
|
||||
| 23 Jan 2018 | Sterlite Tech |
Axis Direct
|
119.05 | 430.00 | 395.50 (-69.90%) |
Buy
|
Result Update:Sterlite Tech.
Axis Direct
Sterlite Technologies (SOTL) reported Q3 sales of Rs 8.3 bn, up 14% YoY. 60% of revenue came from exports (mostly China and Europe) which grew 78% YoY. EBITDA margin expanded ~500 bps to industry best of 24% on higher mix of product revenue
|
||||
|
more
loading
|
|||||||||||