Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

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Sterlite Technologies has sold minority stake in Metis Eduventures for a consideration of Rs 45 crore. There is no contribution to financials as it was a minority investment. Ankit Agarwal, MD of Sterlite Technologies said Metis Eduventures was a minority investment in the education space and not part of our core focus in terms of growth, so we decided to exit this investment.

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Sterlite Technologies sold minority stake in Metis Eduventures

Sterlite Technologies has sold minority stake in Metis Eduventures for about ₹45 crore. To discuss this and how the overall business is shaping up, we are joined in by Ankit Agarwal, the Managing Director at the company.

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Sterlite Tech's Ankit Agarwal Discusses Minority Stake Sale In Metis Eduventures | CNBC-TV18

While there is clearly strong demand and a right-towin in the optical product and services business, its software and wireless businesses are sub-scale and might require investments.

Sterlite Tech: Maintain ‘buy’ with a TP of Rs 386

Agarwal said that right spectrum pricing will act as catalyst for 5G rollout

Bullish about India market scope, biz prospects from 5G: Sterlite Tech MD

Digital networks integrator Sterlite Technologies (STL) is bullish about the India market opportunity, including business prospects arising from upcoming 5G deployments, Ankit Agarwal, who recently took over as managing director of the company, said.

Bullish about India market opportunity, biz prospects from 5G deployments: STL MD

Airtel prepaid plans are all set to get costlier from November 26 as Bharti Airtel announced tariff hike. Tariff for entry-level voice plan has been hiked by about 25 per cent, while for unlimited voice bundles, the increase in most cases is about 20 per cent. A day after Bharti Airtel announced hike in prepaid tariffs, Vodafone Idea, the country's third-largest telecom services provider, also decided to increase tariff plans for prepaid users by 20-25% with effect from November 25 to increase its ARPU.
Analysing this, ET NOW’s managing editor Nikunj Dalmia says, “For the telecom sector, the worst is behind and the best is yet to come. ARPU at Rs 150 vs ARPU at Rs 200, will affect profitability of a company incrementally. And, markets are realising this. The entire cycle of price war, which was bad news for shareholders, is now over.”
“As telecom companies start coming out of their conservation mode and start investing now to expand their businesses, telecom ancillaries will become a force to reckon with. Whether it is Sterlite Tech or Tejas Networks, this market stands to benefit as telecom companies invest in 5G infra and more value added services.” Watch to know more.
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Editor’s Take | Worst is behind for telecom & best is yet to come, says Nikunj Dalmia

STL’s expansion efforts will be further driven by technology and market experts with deep domain expertise.

Sterlite Technologies strengthens presence in the MEA region, to deliver $100M order book; Stock jumps 5%

Consideration received from such sale/disposal is ~Rs45cr.

Sterlite Technologies to divest its minority stake in Metis Eduventures; Stock gains

Recently, Sterlite Technologies posted an 81 per cent year-on-year jump in consolidated net profit for the quarter ended September 2021 at about Rs 106 crore, aided by performance in Europe and America regions. The company said it is “well-positioned” to benefit from opportunities arising from the c…

Filled gaps with recent buys; M&A now only for distinctive capability: STL CFO

Sharma joins Quick Heal from Sterlite Technologies where he was the Chief Financial Officer for the technology business.

Quick Heal Technologies appoints Navin Sharma as Chief Financial Officer

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आज कई एक्सपर्ट Nifty Bank के Stocks पर फोकस करने की राय दे रहे हैं। वहीं Manas Jaiswal ने Sterlite Technologies पर आज खरीदारी करने की राय दी है। ऐसे में बाकी Stocks पर जानें आज कैसे करें खरीदारी, देखें वीडियो

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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ICICI Bank, CITY UNION BANK, HDFC & STERLITE TECHNOLOGIES जैसे कई Stocks पर Experts की राय

Sterlite Technologies Limited is primarily engaged in the business of telecom products and solutions.

Sterlite Technologies Ltd

Sterlite Technologies Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Sterlite Technologies sold minority stake in Metis Eduventures

News Video

Sterlite Tech's Ankit Agarwal Discusses Minority Stake Sale In Metis Eduventures | CNBC-TV18

Sterlite Tech: Maintain ‘buy’ with a TP of Rs 386

Bullish about India market scope, biz prospects from 5G: Sterlite Tech MD

Bullish about India market opportunity, biz prospects from 5G deployments: STL MD

News Video

Editor’s Take | Worst is behind for telecom & best is yet to come, says Nikunj Dalmia

Sterlite Technologies strengthens presence in the MEA region, to deliver $100M order book; Stock jumps 5%

Sterlite Technologies to divest its minority stake in Metis Eduventures; Stock gains

Filled gaps with recent buys; M&A now only for distinctive capability: STL CFO

Quick Heal Technologies appoints Navin Sharma as Chief Financial Officer

Sterlite Technologies Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

Sterlite Technologies sold minority stake in Metis Eduventures

News Video

Sterlite Tech's Ankit Agarwal Discusses Minority Stake Sale In Metis Eduventures | CNBC-TV18

Sterlite Tech: Maintain ‘buy’ with a TP of Rs 386

Bullish about India market scope, biz prospects from 5G: Sterlite Tech MD

Bullish about India market opportunity, biz prospects from 5G deployments: STL MD

News Video

Editor’s Take | Worst is behind for telecom & best is yet to come, says Nikunj Dalmia

Sterlite Technologies strengthens presence in the MEA region, to deliver $100M order book; Stock jumps 5%

Sterlite Technologies to divest its minority stake in Metis Eduventures; Stock gains

Filled gaps with recent buys; M&A now only for distinctive capability: STL CFO

Quick Heal Technologies appoints Navin Sharma as Chief Financial Officer

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock