Sterlite Technologies Ltd (STLTECH)
₹147.28▲4.05%
Analyst Rating
based on 2 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 2 analysts offering long term price targets for Sterlite Technologies Ltd. An average target of ₹140
Source: S&P Global Market Intelligence
Sterlite Technologies Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹139₹149.952 Week's Low
52 Week's High
₹109.5₹179.05
| Returns % | |
| 1 Month Return | -0.28 % |
| 3 Month Return | + 8.09 % |
| 1 Year Return | -5.29 % |
| Market Stats | |
| Previous Close | ₹141.55 |
| Open | ₹139.00 |
| Volume | 40.58L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹6,902.79Cr |
Key Statistics
| P/E Ratio | -110.59 |
| PEG Ratio | 23.23 |
| Market Cap | ₹6,902.79 Cr |
| P/B Ratio | 2.57 |
| EPS | -1.43 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹6,902.79 Cr | -1.08% | 0.79 | -₹57 Cr | ₹5,478 Cr |
 | BUY | ₹21,745.60 Cr | 177.27% | 0.69 | ₹62 Cr | ₹2,470 Cr |
 | NA | ₹28,346.16 Cr | 53.29% | 0.74 | -₹360 Cr | ₹1,395 Cr |
 | NA | ₹16,234.40 Cr | 96.91% | 0.61 | ₹317 Cr | ₹4,743 Cr |
 | BUY | ₹10,738.41 Cr | 32.52% | 0.51 | ₹333 Cr | ₹3,569 Cr |
Mutual Fund Holdings
Company Information
The company's popular brands include Opticom, Sterlite Power, Sterlite Grid, and Sterlite Smart City. STL is a leader in the telecom and power transmission industry, providing innovative solutions to customers across the globe. The company has a presence in more than 100 countries and has a strong customer base in India and the Middle East.
Share Price: ₹147.28 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹6,902.79Cr as of today
Revenue: ₹1,140.00Cr as on March 2024 (Q1 24)
Net Profit: ₹-82.00Cr as on March 2024 (Q1 24)
Listing date: 08 Dec, 2000
Chairperson Name: Anil Agarwal
| Organisation | Sterlite Technologies Ltd |
| Headquarters | Pune |
| Industry | Cables |
| E-voting on shares | Click here to vote |
Key events for Sterlite Technologies Ltd
HDFC Group Buys 3.5% Stake in Sterlite Technologies - 17 Jul, 2024
HDFC group has acquired a 3.5% stake in Sterlite Technologies Ltd as of June 2024. The company's Q4FY24 revenue stood at Rs 1,140 crore while net profit was at Rs (82) crore.
Sterlite Tech Gets Approval for Demerger of Global Services Business - 12 Jul, 2024
Sterlite Technologies has received approval from shareholders and creditors for the demerger of its Global Services Business. The move will allow both STL and the new global services entity to grow independently and unlock value for investors. The demerger is expected to be approved by the National Company Law Tribunal within two to three months.
Insights on Sterlite Technologies Ltd
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 8.43% to 8.49% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 33.38% to 36.31% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Tejas Networks Ltd has given 502.1% return, outperforming this stock by 554.9%
- NO EFFECT
Against Peers
In the last 1 year, HFCL Ltd has given 74.3% return, outperforming this stock by 79.6%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 5 quarters, 65.0 Cr → -82.0 Cr (in ₹), with an average decrease of 91.4% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 9.97% to 7.76% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 5 quarters, 1.89K Cr → 1.15K Cr (in ₹), with an average decrease of 11.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, STLTECH stock has moved down by -52.7%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 44.19% to 44.18% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,140.00Cr | ↓13.77% |
Net Income | -₹82.00Cr | ↑38.98% |
Net Profit Margin | -7.19% | ↑61.21% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹5,478.00Cr | ↓20.90% |
Net Income | -₹57.00Cr | ↓144.88% |
Net Profit Margin | -1.04% | ↓156.83% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹6,996.00Cr | ↓9.95% |
Total Liabilities | ₹5,275.00Cr | ↓10.37% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹959.00Cr | ↓594.33% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 44.18% | ||
| Foreign Institutions | 7.76% | ||
| Mutual Funds | 8.49% | 0.72 | |
| Retail Investors | 36.31% | 8.78 | |
| Others | 3.25% |
Key Indicators
Sterlite Technologies Ltd Valuation
Sterlite Technologies Ltd in the last 5 years
Lowest (-116.05x)
July 16, 2024
Today (-110.59x)
July 23, 2024
Industry (67.79x)
July 23, 2024
Highest (153.63x)
April 22, 2022
Earnings and Dividends
Sterlite Technologies Ltd Earnings Results
Sterlite Technologies Ltd’s net profit fell -226.15% since last year same period to ₹-82Cr in the Q4 2023-2024. On a quarterly growth basis, Sterlite Technologies Ltd has generated -43.86% fall in its net profits since last 3-months.
Read More about Earnings ResultsSterlite Technologies Ltd Dividends May,2023
In the quarter ending March 2023, Sterlite Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.71%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Sterlite Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Sterlite Technologies Ltd shares.
Sterlite Technologies Ltd (STLTECH) share price today is ₹147.28
Sterlite Technologies Ltd is listed on NSE
Sterlite Technologies Ltd is listed on BSE
- Today’s highest price of Sterlite Technologies Ltd is ₹149.9.
- Today’s lowest price of Sterlite Technologies Ltd is ₹139.
PE Ratio of Sterlite Technologies Ltd is -110.59
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 40.58L.
Today’s market capitalisation of Sterlite Technologies Ltd(STLTECH) is ₹6902.79Cr.
| Sterlite Technologies Ltd(STLTECH | Price |
|---|---|
52 Week High | ₹179.05 |
52 Week Low | ₹109.5 |
Sterlite Technologies Ltd(STLTECH) share price is ₹147.28. It is down -17.74% from its 52 Week High price of ₹179.05
Sterlite Technologies Ltd(STLTECH) share price is ₹147.28. It is up 34.50% from its 52 Week Low price of ₹109.5
| Sterlite Technologies Ltd(STLTECH | Returns |
|---|---|
1 Day Returns | 5.73% |
1 Month Returns | -0.28% |
3 Month Returns | 8.09% |
1 Year Returns | -5.29% |