With a more favourable environment, STERLITE TECHNOLOGIES improves to Positive
STERLITE TECHNOLOGIES (IN), a company active in the Electrical Components & Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date December 24, 2021, the closing price was INR 281.75 and its potential was estimated at INR 339.60.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.
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