More about Sterlite Technologies Limited
Fundamentals for Sterlite Technologies Limited
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Fundamentals for Sterlite Technologies Limited
Business Operations:
Sector: TechnologyIndustry: Communication Equipment
Sterlite Technologies Limited, together with its subsidiaries manufactures and sells telecom products in India and internationally. It operates through Optical Networking Business, Global Service Business, and Digital and Technology Solutions segments. The company designs and manufactures optical fibres, optical fibre cables, specialty cables, and optical interconnect products. It also offers fiber roll out, end to end system integration, and network deployment, network engineering, network fulfillment, assurance and field services; data center networks, cloud services, RAN, and security services; and digital and technology solutions, which enables digital transformation of telcos and enterprises. In addition, the company provides enterprise LAN solutions; access network distribution solutions; and operates Neox communication platform. Sterlite Technologies Limited was founded in 1988 and is based in Pune, India. Sterlite Technologies Limited is a subsidiary of Twin Star Overseas Ltd.
Revenue projections:
Investors are expected to be cautious with STLTECH, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 15.239655 |
| debtToEquity | 93.525000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | -0.003000 |
| grossMargins | 0.476740 |
| operatingMargins | 0.032620 |
| trailingEps | 0.070000 |
| forwardEps | 5.800000 |
STLTECH's Forward PE being in a good range indicates the stock is priced well relative to its earnings. It is not overvalued, leaving space for future growth, making it an appealing option for investors interested in long-term value appreciation.
Sterlite Technologies Limited's high debt-to-equity ratio signals that the company is heavily leveraged. This suggests Sterlite Technologies Limited may be relying more on debt than equity to finance its operations, which could expose the company to greater financial risk in challenging economic conditions.
STLTECH's low earnings and revenue growth suggest that the company may face shrinking profits. This could indicate underlying financial challenges, making it difficult for STLTECH to sustain its current profitability.
Price projections:
The current price of Sterlite Technologies Limited, relative to its projections, shows no clear risks or opportunities. This neutral assessment may encourage investors to take a cautious approach, awaiting further developments before making substantial changes.
Insider Transactions:
Sterlite Technologies Limited stock was sold in 5 transactions, with market price at 123.76599731445313.There were 5 purchases of STLTECH stock, with market price of 92.44199829101562.The insider transaction data remains neutral, with no compelling trend in either direction to suggest significant changes in the company's strategy or prospects.
Recommendation changes over time:
Analysts have been favoring STLTECH with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning STLTECH as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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