ICICI Direct recommended hold rating on Sterlite Technologies with a target price of Rs 95 in its research report dated May 13, 2020.
Data network solutions provider Sterlite Technologies has said it will go slow on the proposed Rs 300 crore expansion of cable manufacturing units in India and Italy
The manufacturing activity of Sterlite Technologies Ltd (STL) has been hit due to the ongoing coronavirus crisis.
The share touched its 52-week high Rs 279.25 and 52-week low Rs 96.65 on 12 March, 2019 and 23 August, 2019, respectively.
The company's exceptional items stood at Rs 51 crore in the third quarter of 2019-20.
ASOCS is a pioneer in virtual Radio Access Networks, Strelite has said.
This turnkey project entails designing and building an end-to-end rural broadband network across 11 districts and 3,000 gram panchayats of Telangana.
Sterlite in partnership with Cognity will design, deploy and manage Telekom Albania's move to a digital platform.
"Sterlite Technologies Ltd (STL)...has signed a memorandum of understanding (MoU) with Indian Institute of Technology Madras...for sponsoring a chair professorship in 5G," the company said in a filing to BSE.
The company had recorded a net profit of Rs 131 crore in the corresponding period a year ago.
ICICI Direct recommended hold rating on Sterlite Technologies with a target price of Rs 180 in its research report dated July 19, 2019.
It has listed 'trade' as the general area of lobbying for its client, while the specific lobbying issue has been mentioned as "Application of the US Generalized System of Preferences(GSP) to certain products from India."
Net Sales are expected to decrease by 20.2 percent Q-o-Q (up 62.9 percent Y-o-Y) to Rs. 1,428.5 crore, according to ICICI Direct.
The software services firm informed exchanges that it has reached an in-principle agreement with lenders
KR Choksey is bullish on Sterlite Technologies has recommended buy rating on the stock with a target price of Rs 267 in its research report dated April 25, 2019.
The issue of promoter pledged shares has been an overhang for the scrip, which has been falling for quite some time now
Nalanda Securities recommended Hold rating on Sterlite Technologies with a target price of Rs 216 in its research report dated April 24, 2019.