₹129.95
1.00%
Low
Day's Volatility:6.81%
High
5.81%
15.28%
Low
52 Weeks Volatility:53.06%
High
37.78%
Returns % | |
1 Month Return | 17.66 % |
3 Month Return | -1.52 % |
1 Year Return | -10.59 % |
Market Stats | |
Previous Close | ₹142.25 |
Open | ₹137.50 |
Volume | 2.19Cr |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹5,677.43Cr |
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 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.
Sterlite Technologies Records Surge in Volume - 27 Mar, 2024
Sterlite Technologies Ltd recorded a significant increase in trading volume, with 13.48 lakh shares traded on the Bombay Stock Exchange, representing a 3.5 times surge over the two-week average daily volume of 3.85 lakh shares.
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.
MF Holding Up
Mutual Funds have increased holdings from 0.07% to 0.09% in Dec 2023 quarter
Retail Holding Up
Retail Investor have increased holdings from 38.61% to 39.29% in Dec 2023 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 53.99% of holdings in Dec 2023 quarter
Against Peers
In the last 3 years, Tejas Networks Ltd has given 398.6% return, outperforming this stock by 434.6%
Against Peers
In the last 1 year, HFCL Ltd has given 50.9% return, outperforming this stock by 61.5%
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
FII Holding Down
Foreign Institutions have decreased holdings from 5.45% to 4.75% in Dec 2023 quarter
Price Dip
In the last 3 years, STLTECH stock has moved down by -36.0%
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
Sterlite Technologies Ltd in the last 5 years
Lowest (-96.65x)
September 14, 2022
Industry (58.51x)
April 16, 2024
Today (59.27x)
April 16, 2024
Highest (153.63x)
April 22, 2022
Funds | Holdings |
Nippon India Nifty Smallcap 250 Index Fund Dir Gr | 0.14% |
SBI Nifty Smallcap 250 Index Fund Direct Growth | 0.14% |
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth | 0.14% |
ICICI Prudential Nifty Smallcap 250 Index Fund Direct Growth | 0.14% |
HDFC Nifty Smallcap 250 Index Fund Direct Growth | 0.14% |
Investors | Holdings % | Prev. 4 periods | 3M change |
---|---|---|---|
Promoter Holdings | 53.99% | ||
Foreign Institutions | 4.75% | ||
Mutual Funds | 0.09% | 21.19 | |
Retail Investors | 39.29% | 1.77 | |
Others | 1.88% | 0.59 |
Technicals of Sterlite Technologies Ltd share
News & Events of Sterlite Technologies Ltd
Sterlite Technologies Ltd (STLTECH) share price today is ₹129.95
Sterlite Technologies Ltd is listed on NSE
Sterlite Technologies Ltd is listed on BSE
PE Ratio of Sterlite Technologies Ltd is 59.27
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 2.19Cr.
Today’s market capitalisation of Sterlite Technologies Ltd(STLTECH) is ₹5677.43Cr.
Sterlite Technologies Ltd(STLTECH | Price |
---|---|
52 Week High | ₹179.05 |
52 Week Low | ₹110.1 |
Sterlite Technologies Ltd(STLTECH) share price is ₹129.95. It is down -27.42% from its 52 Week High price of ₹179.05
Sterlite Technologies Ltd(STLTECH) share price is ₹129.95. It is up 18.03% from its 52 Week Low price of ₹110.1
Sterlite Technologies Ltd(STLTECH | Returns |
---|---|
1 Day Returns | -12.3% |
1 Month Returns | 17.66% |
3 Month Returns | -1.52% |
1 Year Returns | -10.59% |