NSE: STLTECH | BSE: 532374

Weak Stock

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68.39 0.09 (0.13%)

New 52W Low in past week

563.8K NSE+BSE Volume

NSE 28 Apr, 2025 10:14 AM (IST)

3,336.9

Market Cap

Market Runner Up

1.2

Beta 1Year

Very High Volatility

Sterlite Technologies Ltd. share price target and research reports

Name: Latest research reports of Sterlite Technologies Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Sterlite Technologies Ltd.
Rating: 5
Author: Emkay

Latest analyst research reports with target prices and PDF download for STLTECH, BSE:532374 Sterlite Technologies Ltd.

Sterlite Technologies Ltd.

14 Dec 2018

68.39

0.13%

SOTL has corrected 25% from its peak last month. Investors are concerned about three thin...

Buy: Sterlite Technologies Ltd.

Target

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....

Sterlite Technologies Ltd. has lost -49.40% in the last 1 Year

Sterlite Technologies Ltd.

26 Nov 2018

68.39

0.13%

Pick of the Week:26 NOV 2018

Buy: Sterlite Technologies Ltd.

Target

Axis Direct

Sterlite Technologies Ltd. has lost -40.27% in the last 6 Months

Sterlite Technologies Ltd.

25 Oct 2018

68.39

0.13%

Sterlite Technologies

Buy: Sterlite Technologies Ltd.

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...

Sterlite Technologies Ltd. has lost -40.27% in the last 6 Months

Sterlite Technologies Ltd.

20 Jul 2018

68.39

0.13%

Sterlite Technologies

Buy: Sterlite Technologies Ltd.

Target

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....

Sterlite Technologies Ltd. has lost -18.59% in the last 1 Week

Sterlite Technologies Ltd.

11 Jul 2018

68.39

0.13%

Sterlite Technologies

Buy: Sterlite Technologies Ltd.

Target

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...

Sterlite Technologies Ltd. has lost -18.59% in the last 1 Week

Sterlite Technologies Ltd.

07 May 2018

68.39

0.13%

Pick of the Week:30 APR 2018

Buy: Sterlite Technologies Ltd.

Axis Direct

Sterlite Technologies Ltd. has lost -33.13% in the last 3 Months

Sterlite Technologies Ltd.

30 Apr 2018

68.39

0.13%

Pick of the Week:30 APR 2018

Buy: Sterlite Technologies Ltd.

Recommendation Target

Axis Direct

Sterlite Technologies Ltd. has lost -18.59% in the last 1 Week

Sterlite Technologies Ltd.

26 Apr 2018

68.39

0.13%

Sterlite Technologies

Buy: Sterlite Technologies Ltd.

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...

Sterlite Technologies Ltd. has lost -18.59% in the last 1 Week

Sterlite Technologies Ltd.

25 Apr 2018

68.39

0.13%

Record profits to continue Reiterate BUY with 49% upside to our TP of Rs500. Catalysts fr...

Buy: Sterlite Technologies Ltd.

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...

Sterlite Technologies Ltd. has lost -40.27% in the last 6 Months

Sterlite Technologies Ltd.

26 Feb 2018

68.39

0.13%

Large SI order win of Rs35bn SOTL announced Rs35bn order win from Indian Navy. This is pa...

Buy: Sterlite Technologies Ltd.

Target

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...

Sterlite Technologies Ltd. is trading below all available SMAs

Is Sterlite Technologies Ltd. worth buying?

823 Votes:

Buy 84.45%

Sell 7.78%

Hold 7.78%