₹139.65▲1.56%
2.83%
Low
Day's Volatility:3.72%
High
0.90%
21.16%
Low
52 Weeks Volatility:49.37%
High
28.21%
Returns % | |
1 Month Return | 7.8 % |
3 Month Return | -2.03 % |
1 Year Return | -14.99 % |
Market Stats | |
Previous Close | ₹137.50 |
Open | ₹138.80 |
Volume | 41.97L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹6,704.12Cr |
based on 2 analysts
Based on 2 analysts offering long term price targets for Sterlite Technologies Ltd. An average target of ₹156
Source: S&P Global Market Intelligence
Organisation | Sterlite Technologies Ltd |
Headquarters | Pune |
Industry | Cables |
E-voting on shares | Click here to vote |
Key events for Sterlite Technologies Ltd
Sterlite Technologies has partnered with Archtop Fiber to develop mission-critical optical solutions for its multi-gigabit fiber internet network spanning over 2,500 miles across the Northeast region of the United States. STL will supply high-fiber count, loose-tube, and ribbon design optical cables along with OptoBlaze and OptoBolt products. The partnership aims to bring faster and reliable internet solutions to underserved markets in New York's Hudson Valley and beyond.
Sterlite Technologies and Other Vendors Seek Government Intervention to Halt Chinese Telecom Imports - 29 Apr, 2024
Sterlite Technologies, along with other domestic vendors, has raised concerns over the import of telecom and networking gear from China despite India's trusted sources sourcing guidelines. The Voice of Indian Communication Technology Enterprises (VoICE) has sought government intervention to halt the practice.
Sterlite Technologies' US-manufactured Fiber Optic Cable products compliant with BABA provisions - 25 Apr, 2024
Sterlite Technologies announced compliance of its Fiber Optic Cable products in the United States with the Build America, Buy America (BABA) provisions. The company's stock rose nearly 20% in the past month. Sterlite unveiled a series of products that will be added to its In America, For America portfolio of fiber optic cables. The company focuses on reducing debt levels and improving business fundamentals.
Sterlite Tech Compliant with IIJA Provisions; Urges Doubling Fiber Deployments in India - 24 Apr, 2024
Sterlite Technologies announces compliance with Build America, Buy America provisions for its US-manufactured fiber optic cables. Meanwhile, Sterlite's MD urges Indian telecoms to increase fiber deployments and improve broadband access.
Sterlite's Claims Worth Rs 145 Crore Rejected by Arbitrator - 22 Apr, 2024
An arbitrator has rejected Sterlite Technologies' claims worth Rs 145 crore against BSNL in an optical fibre cable laying project. The company is evaluating options to challenge the award of the arbitrator.
Arbitrator Rejects Sterlite Technologies' Claims Against BSNL - 20 Apr, 2024
An arbitrator has rejected Sterlite Technologies' claims worth Rs 145 crore against BSNL in an optical fibre cable laying project. STL is evaluating options to challenge the award of the arbitrator.
Arbitrator Rejects Sterlite Technologies' Claims Against BSNL - 19 Apr, 2024
An arbitrator has rejected Sterlite Technologies' claims worth Rs 145 crore against BSNL in an optical fibre cable laying project. STL is evaluating options to challenge the award of the arbitrator.
Sterlite Technologies Raises Rs 1,000 Crore Through QIP - 17 Apr, 2024
Sterlite Technologies has raised Rs 1,000 crore through a Qualified Institutional Placement (QIP) route by issuing equity to investors such as HDFC Mutual Fund, Nippon Life India, Goldman Sachs, and Bandhan Mutual Fund. The paid-up equity share capital of Sterlite Technologies now stands at Rs 97.5 crore comprising 48.5 crore equity shares.
Sterlite Technologies Raises Rs 1,000 Crore Through QIP - 16 Apr, 2024
Sterlite Technologies has raised Rs 1,000 crore through a qualified institutional placement (QIP) route. The company sold 22 percent equity stake via the institutional share sale to reputed global and Indian investors, including HDFC Mutual Fund, Nippon Life India, Goldman Sachs and Bandhan Mutual Fund.
Sterlite Raises Rs 1,000 Crore Through QIP Issue - 15 Apr, 2024
Sterlite Technologies has raised Rs 1,000 crore through a qualified institution placement (QIP) issue by issuing 8.84 crore equity shares to eligible qualified institutional buyers. HDFC Mutual Fund emerged as the largest investor in the share sale. The company has not disclosed the reason for the fund raise. The stock fell nearly 3.4 percent at open on the NSE on April 15 after the announcement.
Sterlite Technologies Raises Rs 1,000 Crore Through QIP - 14 Apr, 2024
Sterlite Technologies has raised Rs 1,000 crore through its Qualified Institutional Placement (QIP) at an issue price of Rs 113.05 per share, which is a 5% discount to the floor price of Rs 119. HDFC MF, Goldman Sachs, Societe Generale, and Nippon India were among those who issued shares in the QIP.
Sterlite Tech Raises Rs 1,000 Crore Through Share Sale - 13 Apr, 2024
Sterlite Technologies has raised Rs 1,000 crore through a share sale to institutional investors at a discount of 5%. HDFC Mutual Fund emerged as the largest investor in the share sale. The company has not disclosed the specific utilization of funds raised.
Sterlite Technologies Plans Rs 1,000 Crore Fundraise Through QIP - 10 Apr, 2024
Sterlite Technologies is set to raise Rs 1,000 crore through a Qualified Institutional Placement (QIP) issue with a floor price of Rs 119 per equity share. The company's stock rose by 10.96% on the BSE.
Sterlite Technologies Launches QIP to Raise Funds - 09 Apr, 2024
Sterlite Technologies is set to raise up to Rs. 1,000 crore through its Qualified Institutional Placement (QIP) at a floor price of Rs. 119 per share. The equity dilution under the institutional share sale is expected to be 22%. Motilal Oswal and Nuvama are the book running lead managers for the QIP.
Sterlite Technologies Bags Orders Worth Rs 900 Crore - 02 Apr, 2024
Sterlite Technologies has been awarded orders worth Rs 900 crore in FY24 to provide integrated optical solutions to leading service providers, supporting connectivity needs of more than 20 states spanning approximately 15,000 kilometers of optical fibre-based digital infrastructure.
Sterlite Tech Surges After Partnership Announcement - 01 Apr, 2024
Sterlite Technologies Ltd's shares surged over 12% after the company announced a new multi-year partnership with Vocus Group to deploy high-capacity networks in Australia using its ultra-slim profile Micro TM cables and Stellar TM fibre. The stock gained 11.06% to trade at Rs.123.05, with an increased volume of 103.94 lakh shares on NSE.
Fundamentals of Sterlite Technologies Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
FII Holding Up
Foreign Institutions have increased holdings from 5.02% to 9.97% in Apr 2024 quarter
MF Holding Up
Mutual Funds have increased holdings from 0.10% to 8.43% in Apr 2024 quarter
Against Peers
In the last 3 years, Tejas Networks Ltd has given 511.8% return, outperforming this stock by 552.8%
Against Peers
In the last 1 year, Tejas Networks Ltd has given 76.0% return, outperforming this stock by 91.0%
Price Dip
In the last 1 year, STLTECH stock has moved down by -15.0%
Profit Down
Netprofit is down for the last 4 quarters, 65.0 Cr → -57.0 Cr (in ₹), with an average decrease of 107.2% per quarter
Revenue Fall
Revenue is down for the last 4 quarters, 1.89K Cr → 1.34K Cr (in ₹), with an average decrease of 10.7% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 38.99% to 33.38% in Apr 2024 quarter
Promoter Holding Down
Promoters have decreased holdings from 53.98% to 44.19% in Apr 2024 quarter
Sterlite Technologies Ltd in the last 5 years
Lowest (-96.65x)
September 14, 2022
Today (57.29x)
April 30, 2024
Industry (62.01x)
April 30, 2024
Highest (153.63x)
April 22, 2022
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 44.19% | ||
Foreign Institutions | 9.97% | 98.64 | |
Mutual Funds | 8.43% | 8286.67 | |
Retail Investors | 33.38% | ||
Others | 4.03% | 111.54 |
Technicals of Sterlite Technologies Ltd share
News & Events of Sterlite Technologies Ltd
Sterlite Technologies Ltd (STLTECH) share price today is ₹139.65
Sterlite Technologies Ltd is listed on NSE
Sterlite Technologies Ltd is listed on BSE
PE Ratio of Sterlite Technologies Ltd is 57.29
PE ratio = Sterlite Technologies Ltd Market price per share / Sterlite Technologies Ltd Earnings per share
Today’s traded volume of Sterlite Technologies Ltd(STLTECH) is 41.97L.
Today’s market capitalisation of Sterlite Technologies Ltd(STLTECH) is ₹6704.12Cr.
Sterlite Technologies Ltd(STLTECH | Price |
---|---|
52 Week High | ₹179.05 |
52 Week Low | ₹110.1 |
Sterlite Technologies Ltd(STLTECH) share price is ₹139.65. It is down -22.01% from its 52 Week High price of ₹179.05
Sterlite Technologies Ltd(STLTECH) share price is ₹139.65. It is up 26.84% from its 52 Week Low price of ₹110.1
Sterlite Technologies Ltd(STLTECH | Returns |
---|---|
1 Day Returns | 2.15% |
1 Month Returns | 7.8% |
3 Month Returns | -2.03% |
1 Year Returns | -14.99% |