Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE 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

Sterlite Technologies (STL) has announced its divestment of Impact Data Solutions, UK, as a part of its consolidated strategy to focus on its core business segments of optical solutions and global services.

STL divests stake in UK-based Impact Data Solutions

STL will sell its ownership in IDS to Hexatronic Group AB for an initial payment and an earn-out upside as part of its strategic aim to play to its core.

Sterlite Technologies divests stake in IDS owing to ongoing portfolio realignment

Mahindra Logistics has announced the acquisition of the B2B express business of Gurugram-based logistics firm Rivigo Services, which will help the company accelerate its capabilities in this space

Stocks to Watch: Mahindra Logistics, Sterlite Tech, Amara Raja, JSW Energy

Sterlite Technologies fell 7.30% to Rs 160 after the company’s key managerial personnel tendered resignation.

Sterlite Tech tumbles after CFO Mihir Modi resigns

Shares of Sterlite Tech dropped almost 7 per cent during the early trade on Monday after the company’s key managerial personnel tendered resignation.

Sterlite Technologies Shares Fall 7% As CFO Mihir Modi Resigns

Like most technology companies, Sterlite Tech shares have performed poorly so far this year. The stock has declined 42 this year.

Sterlite Tech stock under pressure after CFO tenders resignation

Sterlite Technologies on Friday (23 September 2022) announced that Mihir Modi has tendered his resignation from the chief financial officer (CFO) and key managerial personnel position.

Sterlite Technologies CFO Mihir Modi resigns

Sterlite Technologies will start commercial operations at its US fibre optic plant in two months, MD Ankit Agarwal says.

U.S. Fibre Optic Plant, 5G Rollout To Boost Revenue, Says Sterlite Tech

HFCL said that the High Court of Delhi vide its order passed on 14 September 2022 has vacated the ex-parte injunction order dated 12 January 2022, which was passed by it in the matter of Sterlite Technologies.

Delhi High Court vacates ex-parte injunction against HFCL

Tata Investment Corporation Ltd, L T Foods Ltd, Sterlite Technologies Ltd and Aegis Logistics Ltd are among the other gainers in the BSE’s ‘A’ group today, 14 September 2022.

JSW Holdings Ltd leads gainers in ‘A’ group

Sterlite Technologies appoints Chief Sales Officer

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

ROE 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 long term average ROE 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

STL divests stake in UK-based Impact Data Solutions

Sterlite Technologies divests stake in IDS owing to ongoing portfolio realignment

Stocks to Watch: Mahindra Logistics, Sterlite Tech, Amara Raja, JSW Energy

Sterlite Tech tumbles after CFO Mihir Modi resigns

Sterlite Technologies Shares Fall 7% As CFO Mihir Modi Resigns

Sterlite Tech stock under pressure after CFO tenders resignation

Sterlite Technologies CFO Mihir Modi resigns

U.S. Fibre Optic Plant, 5G Rollout To Boost Revenue, Says Sterlite Tech

Delhi High Court vacates ex-parte injunction against HFCL

JSW Holdings Ltd leads gainers in ‘A’ group

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

STL divests stake in UK-based Impact Data Solutions

Sterlite Technologies divests stake in IDS owing to ongoing portfolio realignment

Stocks to Watch: Mahindra Logistics, Sterlite Tech, Amara Raja, JSW Energy

Sterlite Tech tumbles after CFO Mihir Modi resigns

Sterlite Technologies Shares Fall 7% As CFO Mihir Modi Resigns

Sterlite Tech stock under pressure after CFO tenders resignation

Sterlite Technologies CFO Mihir Modi resigns

U.S. Fibre Optic Plant, 5G Rollout To Boost Revenue, Says Sterlite Tech

Delhi High Court vacates ex-parte injunction against HFCL

JSW Holdings Ltd leads gainers in ‘A’ group

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

ROE 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 long term average ROE 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