Sterlite Tech.
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July 10 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD- WINS PATENT DISPUTE IN EUROPE
STERLITE TECHNOLOGIES - EPO REVOKES FUJIKURA'S EUROPEAN PATENT EP 3796060 IN FINAL, NON-APPEALABLE RULING
Source text: ID:nBSE4CkVtk
Further company coverage: STTE.NS
(([email protected];))
July 10 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD- WINS PATENT DISPUTE IN EUROPE
STERLITE TECHNOLOGIES - EPO REVOKES FUJIKURA'S EUROPEAN PATENT EP 3796060 IN FINAL, NON-APPEALABLE RULING
Source text: ID:nBSE4CkVtk
Further company coverage: STTE.NS
(([email protected];))
Sterlite Technologies said on July 3, 2026, that a UK patent litigation over its Celesta cable family had been resolved in its favour after the Technical Board of Appeal of the European Patent Office revoked Fujikura's patent EP3796060 in its entirety. The non-appealable decision effectively ends the infringement proceedings that the company had disclosed in December 2025. The company added that it is now pursuing recovery of its legal defence costs from Fujikura.
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Sterlite Technologies said on July 3, 2026, that a UK patent litigation over its Celesta cable family had been resolved in its favour after the Technical Board of Appeal of the European Patent Office revoked Fujikura's patent EP3796060 in its entirety. The non-appealable decision effectively ends the infringement proceedings that the company had disclosed in December 2025. The company added that it is now pursuing recovery of its legal defence costs from Fujikura.
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July 3 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - FUJIKURA PATENT REVOKED BY TECHNICAL BOARD OF APPEAL, GERMANY
STERLITE TECHNOLOGIES - UK PATENT LITIGATION ON CELESTA CABLE FAMILY FORMALLY ENDED
Source text: ID:nBSE3fnJmS
Further company coverage: STTE.NS
(([email protected];))
July 3 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - FUJIKURA PATENT REVOKED BY TECHNICAL BOARD OF APPEAL, GERMANY
STERLITE TECHNOLOGIES - UK PATENT LITIGATION ON CELESTA CABLE FAMILY FORMALLY ENDED
Source text: ID:nBSE3fnJmS
Further company coverage: STTE.NS
(([email protected];))
July 2 (Reuters) - Sterlite Technologies Ltd STTE.NS:
RAISES 15 BILLION RUPEES VIA QUALIFIED INSTITUTIONS PLACEMENT
Source text: ID:nBSE4dy2hM
Further company coverage: STTE.NS
(([email protected];))
July 2 (Reuters) - Sterlite Technologies Ltd STTE.NS:
RAISES 15 BILLION RUPEES VIA QUALIFIED INSTITUTIONS PLACEMENT
Source text: ID:nBSE4dy2hM
Further company coverage: STTE.NS
(([email protected];))
May 13 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES -COURT DISMISSES PETITION TO SET ASIDE AWARD AGAINST BHARAT SANCHAR NIGAM LIMITED
Source text: ID:nBSE1nDT41
Further company coverage: STTE.NS
(([email protected];))
May 13 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES -COURT DISMISSES PETITION TO SET ASIDE AWARD AGAINST BHARAT SANCHAR NIGAM LIMITED
Source text: ID:nBSE1nDT41
Further company coverage: STTE.NS
(([email protected];))
May 8 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STL TO INVEST UP TO $100 MILLION IN THE US TO STRENGTHEN ITS MANUFACTURING CAPACITY FOR ITS CUSTOMERS
STERLITE TECHNOLOGIES LTD - STL INVESTMENT EXPECTED TO CREATE 400-500 JOBS IN THE US
Source text: ID:nPn45R7zGa
Further company coverage: STTE.NS
(([email protected];))
May 8 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STL TO INVEST UP TO $100 MILLION IN THE US TO STRENGTHEN ITS MANUFACTURING CAPACITY FOR ITS CUSTOMERS
STERLITE TECHNOLOGIES LTD - STL INVESTMENT EXPECTED TO CREATE 400-500 JOBS IN THE US
Source text: ID:nPn45R7zGa
Further company coverage: STTE.NS
(([email protected];))
April 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:
BOARD HAS NOT RECOMMENDED ANY DIVIDEND
STERLITE TECHNOLOGIES - TO CONSIDER RAISING OF FUNDS FOR CONSIDERATION OF UP TO 20 BILLION RUPEES
STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 590 MILLION RUPEES
STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 14.41 BILLION RUPEES
Source text: ID:nBSEbb324f
Further company coverage: STTE.NS
(([email protected];))
April 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:
BOARD HAS NOT RECOMMENDED ANY DIVIDEND
STERLITE TECHNOLOGIES - TO CONSIDER RAISING OF FUNDS FOR CONSIDERATION OF UP TO 20 BILLION RUPEES
STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 590 MILLION RUPEES
STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 14.41 BILLION RUPEES
Source text: ID:nBSEbb324f
Further company coverage: STTE.NS
(([email protected];))
April 21 (Reuters) - Sterlite Technologies Ltd STTE.NS:
TO CONSIDER FUND RAISING
Source text: ID:nBSE5fn0sH
Further company coverage: STTE.NS
(([email protected];;))
April 21 (Reuters) - Sterlite Technologies Ltd STTE.NS:
TO CONSIDER FUND RAISING
Source text: ID:nBSE5fn0sH
Further company coverage: STTE.NS
(([email protected];;))
** India's Sterlite Technologies STTE.NS slides 10% to 141.74 rupees
** Set for biggest single-day pct drop in about four years
** About 2.75 million shares, representing 0.56% stake in the company, change hands in three large deals, per data compiled by LSEG
** Shares traded between 141.74 rupees and 142.36 rupees apiece, a discount of about 10% to Tuesday's closing price
** Stock rose 18.8% in last two sessions
** It had jumped 78% in 12 sessions after reporting results on January 23
** More than 22.4 million shares of STTE traded on the day, around 3.4x the 30-day average daily volume
** YTD, stock up 37.3%
(Reporting by Vivek Kumar M)
(([email protected];))
** India's Sterlite Technologies STTE.NS slides 10% to 141.74 rupees
** Set for biggest single-day pct drop in about four years
** About 2.75 million shares, representing 0.56% stake in the company, change hands in three large deals, per data compiled by LSEG
** Shares traded between 141.74 rupees and 142.36 rupees apiece, a discount of about 10% to Tuesday's closing price
** Stock rose 18.8% in last two sessions
** It had jumped 78% in 12 sessions after reporting results on January 23
** More than 22.4 million shares of STTE traded on the day, around 3.4x the 30-day average daily volume
** YTD, stock up 37.3%
(Reporting by Vivek Kumar M)
(([email protected];))
Feb 4 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD - PROPOSAL TO RAISE FUNDS VIA EQUITY SHARES/SECURITIES
Source text: ID:nBSE5dtYbj
Further company coverage: STTE.NS
(([email protected];))
Feb 4 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD - PROPOSAL TO RAISE FUNDS VIA EQUITY SHARES/SECURITIES
Source text: ID:nBSE5dtYbj
Further company coverage: STTE.NS
(([email protected];))
Jan 23 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 170 MILLION RUPEES
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.57 BILLION RUPEES
Source text: [ID:]
Further company coverage: STTE.NS
(([email protected];))
Jan 23 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 170 MILLION RUPEES
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.57 BILLION RUPEES
Source text: [ID:]
Further company coverage: STTE.NS
(([email protected];))
** Sterlite Technologies STTE.NS shares rise 3.7% to 111.3 rupees, their biggest intraday-pct gain in over three weeks
** Telecom products maker's unit launches optical fiber with 11.7 mm diameter for data center operators, hyperscalers, telecom firms in United States
** Co says compact design helps maximize fiber count in limited duct space, reducing need for infrastructure expansion
** Stock up 39% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Sterlite Technologies STTE.NS shares rise 3.7% to 111.3 rupees, their biggest intraday-pct gain in over three weeks
** Telecom products maker's unit launches optical fiber with 11.7 mm diameter for data center operators, hyperscalers, telecom firms in United States
** Co says compact design helps maximize fiber count in limited duct space, reducing need for infrastructure expansion
** Stock up 39% YTD
(Reporting by Aleef Jahan in Bengaluru)
** Sterlite Technologies STTE.NS falls as much as 7.6% to 106 rupees, lowest since mid July
** U.S. court orders co's subsidiary STI to pay $96.5 mln in damages to Prysmian Cables under litigation accusing STI, Sterlite's employee of disclosing confidential information for STI's competitive advantage
** Unit denies allegations
** Sterlite says financial implications will be assessed after final resolution
** Adds STI will "vigorously pursue" all available post-trial remedies, including appeal
** STTE last down 5.7%, trimming YTD gains to ~35%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Sterlite Technologies STTE.NS falls as much as 7.6% to 106 rupees, lowest since mid July
** U.S. court orders co's subsidiary STI to pay $96.5 mln in damages to Prysmian Cables under litigation accusing STI, Sterlite's employee of disclosing confidential information for STI's competitive advantage
** Unit denies allegations
** Sterlite says financial implications will be assessed after final resolution
** Adds STI will "vigorously pursue" all available post-trial remedies, including appeal
** STTE last down 5.7%, trimming YTD gains to ~35%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Sterlite Technologies STTE.NS rise as much as 8.3% to 127.9 rupees, highest since February 1, 2023
** Optical and digital solutions co posts a profit of 100 million rupees ($1.16 million) in June-qtr consol net profit, compared to loss of 480 mln rupees a year ago
** Revenue from operations rise 16.8 y/y
** Stock rated "buy" on avg; median PT is 150 rupees, per data compiled by LSEG
** Stock down 31% YTD
($1 = 86.5040 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Sterlite Technologies STTE.NS rise as much as 8.3% to 127.9 rupees, highest since February 1, 2023
** Optical and digital solutions co posts a profit of 100 million rupees ($1.16 million) in June-qtr consol net profit, compared to loss of 480 mln rupees a year ago
** Revenue from operations rise 16.8 y/y
** Stock rated "buy" on avg; median PT is 150 rupees, per data compiled by LSEG
** Stock down 31% YTD
($1 = 86.5040 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** India's Sterlite Technologies STTE.NS extends gains to jump 13.5%, taking its two-day gain to 35%
** Stock set for best ever two-day gain
** STTE surged 19% on Monday after launching a generation of data centre solutions that includes high-performance fibre and copper cabling solutions designed for buildings, campuses and data centres
** More than 145 mln shares traded in stock's busiest session on record
** Stock extends YTD gains to 40%
(Reporting by Kashish Tandon in Bengaluru)
** India's Sterlite Technologies STTE.NS extends gains to jump 13.5%, taking its two-day gain to 35%
** Stock set for best ever two-day gain
** STTE surged 19% on Monday after launching a generation of data centre solutions that includes high-performance fibre and copper cabling solutions designed for buildings, campuses and data centres
** More than 145 mln shares traded in stock's busiest session on record
** Stock extends YTD gains to 40%
(Reporting by Kashish Tandon in Bengaluru)
Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD- EXPANDS DATA CENTRE PORTFOLIO
Source text: ID:nnAZN3Z97Y6
Further company coverage: STTE.NS
Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD- EXPANDS DATA CENTRE PORTFOLIO
Source text: ID:nnAZN3Z97Y6
Further company coverage: STTE.NS
** Shares of Sterlite Technologies STTE.NS zoom ~13% to 86.6 rupees, highest since May 2022
** Stock sees best day in 3 years, busiest since July 2024
** A consortium comprising the co and construction firm Dilip Buildcon DIBL.NS win 26.31 billion-rupee ($308 million) order from BSNL BSNL.NS
** Project to construct, install and maintain telecom network in Jammu & Kashmir and Ladakh circles for a decade - Sterlite
** DIBL up 1.6% on the day
** STTE's trading volumes at more than 11.8 mln shares, 12.6x 30-day moving avg
** Stock rated "buy" on avg; median PT is 105 rupees, per data compiled by LSEG
** Stock up ~8% YTD
($1 = 85.4325 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Sterlite Technologies STTE.NS zoom ~13% to 86.6 rupees, highest since May 2022
** Stock sees best day in 3 years, busiest since July 2024
** A consortium comprising the co and construction firm Dilip Buildcon DIBL.NS win 26.31 billion-rupee ($308 million) order from BSNL BSNL.NS
** Project to construct, install and maintain telecom network in Jammu & Kashmir and Ladakh circles for a decade - Sterlite
** DIBL up 1.6% on the day
** STTE's trading volumes at more than 11.8 mln shares, 12.6x 30-day moving avg
** Stock rated "buy" on avg; median PT is 105 rupees, per data compiled by LSEG
** Stock up ~8% YTD
($1 = 85.4325 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
June 11 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD - ENTERS AGREEMENT WITH BSNL FOR NETWORK PROJECT
STERLITE TECHNOLOGIES LTD - PROJECT VALUED AT 26.31 BILLION RUPEES INCLUDING GST
Source text: ID:nBSEqD1ng
Further company coverage: STTE.NS
(([email protected];;))
June 11 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES LTD - ENTERS AGREEMENT WITH BSNL FOR NETWORK PROJECT
STERLITE TECHNOLOGIES LTD - PROJECT VALUED AT 26.31 BILLION RUPEES INCLUDING GST
Source text: ID:nBSEqD1ng
Further company coverage: STTE.NS
(([email protected];;))
April 1 (Reuters) - Sterlite Technologies Ltd STTE.NS:
COMPLETES DEMERGER OF GLOBAL SERVICES BUSINESS
Source text: ID:nBSE2sL3Yq
Further company coverage: STTE.NS
(([email protected];;))
April 1 (Reuters) - Sterlite Technologies Ltd STTE.NS:
COMPLETES DEMERGER OF GLOBAL SERVICES BUSINESS
Source text: ID:nBSE2sL3Yq
Further company coverage: STTE.NS
(([email protected];;))
** Shares of India's Sterlite Technologies STTE.NS up 3.6% at 83.68 rupees, snap three sessions of losses
** Co on Wednesday said it will supply optical cables and solutions for Belgium-based Wyre for development of multigigabit fibre-to-the-home (FTTH) network expansion
** Sterlite did not disclose the value of the order
** STTE shares down 27% YTD
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of India's Sterlite Technologies STTE.NS up 3.6% at 83.68 rupees, snap three sessions of losses
** Co on Wednesday said it will supply optical cables and solutions for Belgium-based Wyre for development of multigigabit fibre-to-the-home (FTTH) network expansion
** Sterlite did not disclose the value of the order
** STTE shares down 27% YTD
(Reporting by Sethuraman NR)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Sterlite Technologies STTE.NS fall 3.8% to 82.5 rupees
** Network solutions provider's CFO Tushar Shroff resigns
** Co is in process of appointing new CFO
** More than 2 mln shares traded, 1.5x the 30-day avg
** Stock trading below 50-, 100-, 200- day moving avgs
** Stock has shed 25% this year, on top of a ~20% decline in 2024
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Sterlite Technologies STTE.NS fall 3.8% to 82.5 rupees
** Network solutions provider's CFO Tushar Shroff resigns
** Co is in process of appointing new CFO
** More than 2 mln shares traded, 1.5x the 30-day avg
** Stock trading below 50-, 100-, 200- day moving avgs
** Stock has shed 25% this year, on top of a ~20% decline in 2024
(Reporting by Aleef Jahan in Bengaluru)
March 7 (Reuters) - Sterlite Technologies Ltd STTE.NS:
TUSHAR SHROFF RESIGNS AS CFO OF STERLITE TECHNOLOGIES
Source text: ID:nBSE8dcKvJ
Further company coverage: STTE.NS
(([email protected];;))
March 7 (Reuters) - Sterlite Technologies Ltd STTE.NS:
TUSHAR SHROFF RESIGNS AS CFO OF STERLITE TECHNOLOGIES
Source text: ID:nBSE8dcKvJ
Further company coverage: STTE.NS
(([email protected];;))
Feb 19 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - NCLT APPROVES DEMERGER OF STERLITE TECHNOLOGIES, STL NETWORKS
Source text: ID:nBSE4C20c6
Further company coverage: STTE.NS
(([email protected];))
Feb 19 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - NCLT APPROVES DEMERGER OF STERLITE TECHNOLOGIES, STL NETWORKS
Source text: ID:nBSE4C20c6
Further company coverage: STTE.NS
(([email protected];))
Jan 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 240 MILLION RUPEES
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.61 BILLION RUPEES
Source text: ID:nBSE1TrZCP
Further company coverage: STTE.NS
(([email protected];))
Jan 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 240 MILLION RUPEES
STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.61 BILLION RUPEES
Source text: ID:nBSE1TrZCP
Further company coverage: STTE.NS
(([email protected];))
Nov 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - ARBITRATOR AWARDED 159 MILLION RUPEES IN FAVOR OF CO
Further company coverage: STTE.NS
(([email protected];))
Nov 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:
STERLITE TECHNOLOGIES - ARBITRATOR AWARDED 159 MILLION RUPEES IN FAVOR OF CO
Further company coverage: STTE.NS
(([email protected];))
** Shares of Sterlite Technologies Ltd STTE.NS rise as much as 6.2% to 129.70 rupees
** Network solutions provider says it emerged as L1 bidder - co offering the lowest price in a bidding - for a contract from BSNL worth 16.25 bln rupees ($192.6 mln)
** Stock on track to gain for 2nd straight week, if gains hold; up 8% so far this week
** More than 3.9 mln shares traded as of 10:21 a.m. IST, vs their 30-day moving avg of over 2.1 mln shares
** STTE last up 5.7%; cuts YTD losses to 9.6%
($1 = 84.3675 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Sterlite Technologies Ltd STTE.NS rise as much as 6.2% to 129.70 rupees
** Network solutions provider says it emerged as L1 bidder - co offering the lowest price in a bidding - for a contract from BSNL worth 16.25 bln rupees ($192.6 mln)
** Stock on track to gain for 2nd straight week, if gains hold; up 8% so far this week
** More than 3.9 mln shares traded as of 10:21 a.m. IST, vs their 30-day moving avg of over 2.1 mln shares
** STTE last up 5.7%; cuts YTD losses to 9.6%
($1 = 84.3675 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Oct 30 (Reuters) - Sterlite Technologies Ltd STTE.NS:
SEPT-QUARTER CONSOL NET LOSS 140 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14.13 BILLION RUPEES
Source text: ID:nNSEx9H9X
Further company coverage: STTE.NS
(([email protected];;))
Oct 30 (Reuters) - Sterlite Technologies Ltd STTE.NS:
SEPT-QUARTER CONSOL NET LOSS 140 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14.13 BILLION RUPEES
Source text: ID:nNSEx9H9X
Further company coverage: STTE.NS
(([email protected];;))
Oct 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:
EMBEDS NVIDIA EDGE AI INTO ITS FIBRE OPTICS SENSING SOLUTION
Source text for Eikon: ID:nBSENR8dY
Further company coverage: STTE.NS
(([email protected];))
Oct 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:
EMBEDS NVIDIA EDGE AI INTO ITS FIBRE OPTICS SENSING SOLUTION
Source text for Eikon: ID:nBSENR8dY
Further company coverage: STTE.NS
(([email protected];))
Oct 16 (Reuters) - Sterlite Technologies Ltd STTE.NS:
FORAYS INTO AI-LED DATA CENTRES SEGMENT WITH INTEGRATED OPTICAL PORTFOLIO
Source text for Eikon: ID:nBSE34HGdd
Further company coverage: STTE.NS
(([email protected];))
Oct 16 (Reuters) - Sterlite Technologies Ltd STTE.NS:
FORAYS INTO AI-LED DATA CENTRES SEGMENT WITH INTEGRATED OPTICAL PORTFOLIO
Source text for Eikon: ID:nBSE34HGdd
Further company coverage: STTE.NS
(([email protected];))
Oct 15 (Reuters) - Sterlite Technologies Ltd STTE.NS:
INVESTMENT OF 500 MILLION RUPEES TO ESTABLISH FIBRE SKILLING TRAINING CENTRE
Source text for Eikon: ID:nBSE2sVvTs
Further company coverage: STTE.NS
(([email protected];;))
Oct 15 (Reuters) - Sterlite Technologies Ltd STTE.NS:
INVESTMENT OF 500 MILLION RUPEES TO ESTABLISH FIBRE SKILLING TRAINING CENTRE
Source text for Eikon: ID:nBSE2sVvTs
Further company coverage: STTE.NS
(([email protected];;))
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Popular questions
- Business
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What does Sterlite Tech. do?
Sterlite Technologies, formerly known as Sterlite Optical Technologies, is a leading manufacturer of telecommunication cables and digital network integrator catering to sectors like telecom, defense, oil and gas, railway, power, and broadband.
Who are the competitors of Sterlite Tech.?
Sterlite Tech. major competitors are Railtel Corp. India, Tata Teleservice(Mah, Advait Energy Trans., Mahanagar Telephone, Reliance Communs., Aksh Optifibre, Vodafone Idea. Market Cap of Sterlite Tech. is ₹27,366 Crs. While the median market cap of its peers are ₹2,319 Crs.
Is Sterlite Tech. financially stable compared to its competitors?
Sterlite Tech. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Sterlite Tech. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sterlite Tech. latest dividend payout ratio is 28.37% and 3yr average dividend payout ratio is 28.37%
How has Sterlite Tech. allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Sterlite Tech. balance sheet?
Balance sheet of Sterlite Tech. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Sterlite Tech. improving?
The profit is oscillating. The profit of Sterlite Tech. is ₹56 Crs for TTM, -₹123 Crs for Mar 2025 and -₹51 Crs for Mar 2024.
Is the debt of Sterlite Tech. increasing or decreasing?
Yes, The net debt of Sterlite Tech. is increasing. Latest net debt of Sterlite Tech. is ₹1,504 Crs as of Mar-26. This is greater than Mar-25 when it was ₹882 Crs.
Is Sterlite Tech. stock expensive?
Yes, Sterlite Tech. is expensive. Latest PE of Sterlite Tech. is 492, while 3 year average PE is 57.16. Also latest EV/EBITDA of Sterlite Tech. is 50.49 while 3yr average is 17.58.
Has the share price of Sterlite Tech. grown faster than its competition?
Sterlite Tech. has given better returns compared to its competitors. Sterlite Tech. has grown at ~14.14% over the last 5yrs while peers have grown at a median rate of 9.81%
Is the promoter bullish about Sterlite Tech.?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 44.51% and last quarter promoter holding is 44.44%.
Are mutual funds buying/selling Sterlite Tech.?
The mutual fund holding of Sterlite Tech. is increasing. The current mutual fund holding in Sterlite Tech. is 9.48% while previous quarter holding is 7.41%.