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

The company said it has already been supplying optical fibre cables and has developed a communication network for Power Grid Corporation of India Ltd (PGCIL).

Sterlite Tech Bags Around Rs 170 Crore Deal From Power Grid

The company said it has already been supplying optical fibre cables and has developed a communication network for Power Grid Corporation of India Ltd

Sterlite Technologies bags around Rs 170 crore deal from Power Grid

Sterlite Technologies will build a unified network management system (UNMS) for Power Grid Corporation of India

Sterlite Technologies Share Price Rises On Rs 170-crore Deal With Power Grid

Sterlite Technologies (STL) advanced 2.24% to Rs 205.15 after the company bagged a deal worth approximately Rs 170 crore for building a unified network management system (UNMS) for Power Grid Corporation of India (PGCIL).

Sterlite Tech gains on bagging Rs 170-cr deal from Power Grid Corp

PGCIL owns and operates 90% of India’s interstate and inter-regional electric power transmission network.

Sterlite Tech wins ~Rs170cr deal for building Unified Network Management System for PGCIL

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Stocks that will see action on January 24, 2022

The Delhi High Court had on January 12 restrained HFCL and its subsidiaries from manufacturing and selling optic fibre cables, which Sterlite Technologies claimed were based on its multi-tube technology.

HFCL terms Sterlite’s patent infringement claims baseless

HFCL has been manufacturing the Multi-tube Micro Cable since 2014 as per customer specifications much before the date of application of patent by STL and confirms that there is no infringement of the impugned Patent.

HFCL response on patent infringement claim by Sterlite Technologies

Sterlite Tech Q3 Review - Mixed Operating Performance In The Quarter: Yes Securities

The company had posted a profit of Rs 86.64 crore in the same period a year ago.

Sterlite Tech Posts Rs 137 Crore Loss For October-December Quarter

Sterlite Technologies Ltd, Mastek Ltd, PTC India Ltd and Oracle Financial Services Software Ltd are among the other losers in the BSE’s ‘A’ group today, 20 January 2022.

Hikal Ltd leads losers in ‘A’ group

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

Sterlite Tech Bags Around Rs 170 Crore Deal From Power Grid

Sterlite Technologies bags around Rs 170 crore deal from Power Grid

Sterlite Technologies Share Price Rises On Rs 170-crore Deal With Power Grid

Sterlite Tech gains on bagging Rs 170-cr deal from Power Grid Corp

Sterlite Tech wins ~Rs170cr deal for building Unified Network Management System for PGCIL

Stocks that will see action on January 24, 2022

HFCL terms Sterlite’s patent infringement claims baseless

HFCL response on patent infringement claim by Sterlite Technologies

Sterlite Tech Q3 Review - Mixed Operating Performance In The Quarter: Yes Securities

Sterlite Tech Posts Rs 137 Crore Loss For October-December Quarter

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

Sterlite Tech Bags Around Rs 170 Crore Deal From Power Grid

Sterlite Technologies bags around Rs 170 crore deal from Power Grid

Sterlite Technologies Share Price Rises On Rs 170-crore Deal With Power Grid

Sterlite Tech gains on bagging Rs 170-cr deal from Power Grid Corp

Sterlite Tech wins ~Rs170cr deal for building Unified Network Management System for PGCIL

Stocks that will see action on January 24, 2022

HFCL terms Sterlite’s patent infringement claims baseless

HFCL response on patent infringement claim by Sterlite Technologies

Sterlite Tech Q3 Review - Mixed Operating Performance In The Quarter: Yes Securities

Sterlite Tech Posts Rs 137 Crore Loss For October-December Quarter

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