Sterlite Tech

Sterlite Tech has denied these allegations, and said the company is 'not a party to this dispute and no claims have been made against STL'.

Sterlite Tech shares gain for the second day, hits 52-week high after pact with Hygenco

Sterlite Technologies climbed to a 52-week high after tying up with Hygenco to build Maharashtra’s first green hydrogen plant for optical fibre manufacturing. The company aims to become one of the first globally to use 100% green hydrogen in production, targeting net zero by 2030.

Sterlite Tech bags Rs 2,631 crore BharatNet contract from BSNL for middle-mile network in J&K and Ladakh

Sterlite Tech said the order involves Rs 1620.50 crore in capex, operating expenditure of Rs 972.30 crore for newly constructed network and Rs 38.33 crore as opex for existing network.

Sterlite Technologies reports narrower Q4 loss, revenue jumps 25%

The company’s quarterly EBITDA surged to Rs 146 crore, compared with Rs 44 crore a year earlier

ITI, Sterlite Tech bag L1 status for BharatNet orders, reviving interest in shares of optic fibre plays

Companies in the business of optic fibre service are betting on a rising demand, Sterlite Tech has said, helped by a declining inventory with customers and rising government spending on connectivity projects.

Sterlite Tech MD asserts strong case for zero duties in EU anti-dumping case; expects company performance improvement

STL expects its overall business to start improving and swing back to profitability in the coming quarters as high inventory levels in the US—a key priority market—reduce and start to normalise. Its focus on improving capability utilisation across factories to improve volumes and cost optimization will also help it post profits in the coming quarters.

Sterlite Tech stock jumps 9% on agreement to develop fiber-optic infra in US

Sterlite will offer advanced, purpose-engineered optical fiber cable designs and will also supply its flagship opto-bolt product

Telecom equipment makers soar after Cabinet approves Rs 1.39 lakh crore for last mile connectivity

The broadband connectivity project has already connected 1.94 lakh villages, and it is expected that the rest is likely to be completed in the next two and a half years.

Sterlite Tech posts Rs 65 cr net profit in Q4

The consolidated revenue from operations of Sterlite Technologies (STL) stood at Rs 1,872 crore during the reported quarter.

Sterlite Tech to sell telecom products & software business to Skyvera LLC

Sterlite Tech is a leading global optical and digital solutions company. In FY2022, its telecom products and software business had revenues of Rs 171.4 crore.

Sterlite Tech logs Rs 50 crore net profit in December quarter

The loss in Q3 FY22 included a one-time provision, a top company official explained. The revenue from operations for the just-ended quarter stood at Rs 1,882 crore, which on a year-on-year basis was about 46 per cent higher than the Q3 FY22.

Stock Market Live: Axis Bank Q3 Decoded; What’s The Street Verdict? | Maruti, Concor In Focus

Analysing Axis Bank Q3 Report card, Maruti Recalls Grand Vitara SUVs, Nykaa Appoints P Ganesh as CFO, Sterlite Tech to consider fund-raise on January 27

Sterlite Tech stock under pressure after CFO tenders resignation

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

Sterlite Tech posts Rs 137 crore loss for October-December quarter

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

Sterlite Tech to acquire UK-based network integration company Clearcomm Group

Sterlite Tech will acquire 100 per cent of the share capital of Clearcomm Group in two tranches, the company said in a regulatory filing.

Sterlite Tech wins $100 million order in Middle East, Africa to set up 5G wireless service infrastructure

STL's orderbook now stands at a record of Rs 11,300 crore with the new deals. This would exhibit the company’s unwavering focus on building future-ready digital networks in the region.

Morning Stars | A touch of nature before taking on the tech

Anand Agarwal, CEO - Sterlite Technologies Limited, likes to be up early to hear the birds and enjoy the first rays of the sun

Sterlite Tech share price jumps 8% after board approves share buyback

The stock witnessed a spurt in volume by more than 1.03 times and was trading with volumes of 253,791 shares.

Sterlite Tech share price slips, board to consider share buyback

The stock has cracked more than 58 percent in the last six months.

Sterlite Tech Q3 net profit up 62% to Rs 146 crore

Total income jumped around 60 percent to Rs 1,345.3 crore, compared with Rs 841.91 crore a year ago.

Hughes bags Rs 100 cr deal from Sterlite Tech

Indian Navy had awarded a Rs 3,500-crore contract to Sterlite Tech in February for designing, building and managing its communications network.

Sterlite Tech Q2 net zooms 84% to Rs 131 crore

The company had clocked Rs 71.23 crore net profit in the same period a year ago.

Sterlite Tech aims 10% global fibre market share by June 2020

"We are now looking to move fibre market share from 6-7 percent to 10 percent of global by June 2020," Agarwal said.

Sterlite Tech Q4 profit jumps 77% to Rs 112 cr

"Demand for high speed broadband is on rise which is keeping up demand for optical fibres. Demand for optical fibre cables almost doubled. Last year, we were operating at 40 percent capacity utilisation and now it has increased to the range of 80-90 percent," Sterlite Tech Chief Financial Officer Anupam Jindal told PTI.

Sensex, Nifty crack over 1% as markets bleed further, 127 stocks hit new 52-week low; IT trades in green

The market breadth was in favour of the declines on Monday morning with 120 stocks advancing while 1532 stocks declined and 382 stocks remained unchanged. On the BSE, 266 stocks advanced while 1960 stocks declined and 79 remained unchanged.