Sterlite Technologies

Sterlite Technologies Limited. Sterlite Technologies Ltd is a global technology company. The Company is engaged in designing, building and managing smarter digital networks. Its digital networks focused business products, services and software includes optical communication products, network and system integration services and operations support systems (OSS)/business support system (BSS) software solutions. It operates in six continents and more than 100 countries. The Company operates through manufacturing facilities in India, China and Brazil. Its portfolio consists of approximately 155 patents. The Company's projects include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities' development, and establishing high-speed Fibre-to-the-Home (FTTH) networks.
  • TickerSTLTECH
  • ISININE089C01029
  • ExchangeNational Stock Exchange of India
  • SectorTechnology Hardware & Equipment
  • CountryIndia

STERLITE TECHNOLOGIES sees an upgrade to Positive due to a better fund...

The general evaluation of STERLITE TECHNOLOGIES (IN), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date September 14, 2021, the closing price was INR 282.30 and its potential was estimated at INR 324.33.

Sterlite Technologies Ltd: 1 director

A director at Sterlite Technologies Ltd sold 41,553 shares at 287.837INR and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The na...

Sterlite Technologies' Q2FY19 results (Outperformer) - Good execution ...

Q2FY19 result highlights Strong operating performance: Revenue of Rs10.8bn (IDFCe: Rs10.0bn) was up 24% qoq and +39.1% yoy driven by strong mix in products & services business. Revenues were 8% above our estimates due to strong growth in international market in Q2FY19. EBITDA margins improved by 335bp yoy to 25.2% (IDFCe: 24.9%) driven by strong operating performance. Reported EBITDA and net profit of Rs2.7bn and Rs1,354m were 11% & 1% respectively ahead than our estimates. Order book improves growth visibility: Q2 FY19 performance showed sustained growth, backed by a strong open order boo...

Sterlite Technologies' Q1FY19 results (Outperformer) - In line quarter...

Q1FY19 result highlights In line operating performance: Revenue of Rs8.7bn (IDFCe: Rs9.09bn) was up 3.6% qoq and +17.8% yoy driven by strong volumes in product business. Revenues were 3.6% below our estimates due to negative surprise in software business in Q1FY19. EBITDA margins improved by 190bp qoq to 27.9% (IDFCe: 24.9%) driven by strong growth in products business. Reported EBITDA and net profit of Rs2.44bn and Rs1,238m were 8.3% & 13.0% respectively ahead than our estimates. Order book improves growth visibility: Order book was up 92% yoy to Rs60.3bn in Q1FY19 (Q4FY18: Rs.40.9bn) led...

Event update: Sterlite Technologies (Outperformer) - Acquisition at re...

Event Sterlite Technologies (SOTL) acquisition of an Italian optic fiber cabling firm Metallurgica Bresciana (MB) in all cash deal of Euro 48.7 m (equity value) which will be funded through combination of Euro debt instruments and internal accruals. The acquisition is expected by end of July 2018. About Metallurgical Bresciana (MB) MB is an established European Optical Fiber Cable Manufacture with manufacturing base in Italy. The company has posted revenues of Euro 39.5 mn, Euro 41.2 mn & Euro 48.7mn in CY15, CY16 & CY17 respectively which accounts to revenue CAGR of around 11% from CY15...

STERLITE TECHNOLOGIES sees an upgrade to Positive due to a better fund...

The general evaluation of STERLITE TECHNOLOGIES (IN), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date September 14, 2021, the closing price was INR 282.30 and its potential was estimated at INR 324.33.

Sterlite Technologies Ltd: 1 director

A director at Sterlite Technologies Ltd sold 41,553 shares at 287.837INR and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The na...

Sterlite Technologies' Q2FY19 results (Outperformer) - Good execution ...

Q2FY19 result highlights Strong operating performance: Revenue of Rs10.8bn (IDFCe: Rs10.0bn) was up 24% qoq and +39.1% yoy driven by strong mix in products & services business. Revenues were 8% above our estimates due to strong growth in international market in Q2FY19. EBITDA margins improved by 335bp yoy to 25.2% (IDFCe: 24.9%) driven by strong operating performance. Reported EBITDA and net profit of Rs2.7bn and Rs1,354m were 11% & 1% respectively ahead than our estimates. Order book improves growth visibility: Q2 FY19 performance showed sustained growth, backed by a strong open order boo...

Sterlite Technologies' Q1FY19 results (Outperformer) - In line quarter...

Q1FY19 result highlights In line operating performance: Revenue of Rs8.7bn (IDFCe: Rs9.09bn) was up 3.6% qoq and +17.8% yoy driven by strong volumes in product business. Revenues were 3.6% below our estimates due to negative surprise in software business in Q1FY19. EBITDA margins improved by 190bp qoq to 27.9% (IDFCe: 24.9%) driven by strong growth in products business. Reported EBITDA and net profit of Rs2.44bn and Rs1,238m were 8.3% & 13.0% respectively ahead than our estimates. Order book improves growth visibility: Order book was up 92% yoy to Rs60.3bn in Q1FY19 (Q4FY18: Rs.40.9bn) led...

Event update: Sterlite Technologies (Outperformer) - Acquisition at re...

Event Sterlite Technologies (SOTL) acquisition of an Italian optic fiber cabling firm Metallurgica Bresciana (MB) in all cash deal of Euro 48.7 m (equity value) which will be funded through combination of Euro debt instruments and internal accruals. The acquisition is expected by end of July 2018. About Metallurgical Bresciana (MB) MB is an established European Optical Fiber Cable Manufacture with manufacturing base in Italy. The company has posted revenues of Euro 39.5 mn, Euro 41.2 mn & Euro 48.7mn in CY15, CY16 & CY17 respectively which accounts to revenue CAGR of around 11% from CY15...

STERLITE TECHNOLOGIES sees an upgrade to Positive due to a better fund...

The general evaluation of STERLITE TECHNOLOGIES (IN), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date September 14, 2021, the closing price was INR 282.30 and its potential was estimated at INR 324.33.

Sterlite Technologies Ltd: 1 director

A director at Sterlite Technologies Ltd sold 41,553 shares at 287.837INR and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The na...

Sterlite Technologies' Q2FY19 results (Outperformer) - Good execution ...

Q2FY19 result highlights Strong operating performance: Revenue of Rs10.8bn (IDFCe: Rs10.0bn) was up 24% qoq and +39.1% yoy driven by strong mix in products & services business. Revenues were 8% above our estimates due to strong growth in international market in Q2FY19. EBITDA margins improved by 335bp yoy to 25.2% (IDFCe: 24.9%) driven by strong operating performance. Reported EBITDA and net profit of Rs2.7bn and Rs1,354m were 11% & 1% respectively ahead than our estimates. Order book improves growth visibility: Q2 FY19 performance showed sustained growth, backed by a strong open order boo...

Sterlite Technologies' Q1FY19 results (Outperformer) - In line quarter...

Q1FY19 result highlights In line operating performance: Revenue of Rs8.7bn (IDFCe: Rs9.09bn) was up 3.6% qoq and +17.8% yoy driven by strong volumes in product business. Revenues were 3.6% below our estimates due to negative surprise in software business in Q1FY19. EBITDA margins improved by 190bp qoq to 27.9% (IDFCe: 24.9%) driven by strong growth in products business. Reported EBITDA and net profit of Rs2.44bn and Rs1,238m were 8.3% & 13.0% respectively ahead than our estimates. Order book improves growth visibility: Order book was up 92% yoy to Rs60.3bn in Q1FY19 (Q4FY18: Rs.40.9bn) led...

Event update: Sterlite Technologies (Outperformer) - Acquisition at re...

Event Sterlite Technologies (SOTL) acquisition of an Italian optic fiber cabling firm Metallurgica Bresciana (MB) in all cash deal of Euro 48.7 m (equity value) which will be funded through combination of Euro debt instruments and internal accruals. The acquisition is expected by end of July 2018. About Metallurgical Bresciana (MB) MB is an established European Optical Fiber Cable Manufacture with manufacturing base in Italy. The company has posted revenues of Euro 39.5 mn, Euro 41.2 mn & Euro 48.7mn in CY15, CY16 & CY17 respectively which accounts to revenue CAGR of around 11% from CY15...

STERLITE TECHNOLOGIES sees an upgrade to Positive due to a better fund...

The general evaluation of STERLITE TECHNOLOGIES (IN), a company active in the Electrical Components & Equipment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date September 14, 2021, the closing price was INR 282.30 and its potential was estimated at INR 324.33.

Sterlite Technologies Ltd: 1 director

A director at Sterlite Technologies Ltd sold 41,553 shares at 287.837INR and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The na...

Sterlite Technologies' Q2FY19 results (Outperformer) - Good execution ...

Q2FY19 result highlights Strong operating performance: Revenue of Rs10.8bn (IDFCe: Rs10.0bn) was up 24% qoq and +39.1% yoy driven by strong mix in products & services business. Revenues were 8% above our estimates due to strong growth in international market in Q2FY19. EBITDA margins improved by 335bp yoy to 25.2% (IDFCe: 24.9%) driven by strong operating performance. Reported EBITDA and net profit of Rs2.7bn and Rs1,354m were 11% & 1% respectively ahead than our estimates. Order book improves growth visibility: Q2 FY19 performance showed sustained growth, backed by a strong open order boo...

Sterlite Technologies' Q1FY19 results (Outperformer) - In line quarter...

Q1FY19 result highlights In line operating performance: Revenue of Rs8.7bn (IDFCe: Rs9.09bn) was up 3.6% qoq and +17.8% yoy driven by strong volumes in product business. Revenues were 3.6% below our estimates due to negative surprise in software business in Q1FY19. EBITDA margins improved by 190bp qoq to 27.9% (IDFCe: 24.9%) driven by strong growth in products business. Reported EBITDA and net profit of Rs2.44bn and Rs1,238m were 8.3% & 13.0% respectively ahead than our estimates. Order book improves growth visibility: Order book was up 92% yoy to Rs60.3bn in Q1FY19 (Q4FY18: Rs.40.9bn) led...

Event update: Sterlite Technologies (Outperformer) - Acquisition at re...

Event Sterlite Technologies (SOTL) acquisition of an Italian optic fiber cabling firm Metallurgica Bresciana (MB) in all cash deal of Euro 48.7 m (equity value) which will be funded through combination of Euro debt instruments and internal accruals. The acquisition is expected by end of July 2018. About Metallurgical Bresciana (MB) MB is an established European Optical Fiber Cable Manufacture with manufacturing base in Italy. The company has posted revenues of Euro 39.5 mn, Euro 41.2 mn & Euro 48.7mn in CY15, CY16 & CY17 respectively which accounts to revenue CAGR of around 11% from CY15...

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