Sterlite Technologies is currently trading at Rs. 71.25, up by 1.25 points or 1.79% from its previous closing of Rs. 70.00 on the BSE.
The scrip opened at Rs. 70.00 and has touched a high and low of Rs. 72.05 and Rs. 69.50 respectively. So far 128146 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.30 on 18-Nov-2014 and a 52 week low of Rs. 48.45 on 27-Mar-2015.
Last one week high and low of the scrip stood at Rs. 72.40 and Rs. 64.60 respectively. The current market cap of the company is Rs. 2791.91 crore.
The promoters holding in the company stood at 54.82% while Institutions and Non-Institutions held 12.25% and 32.91% respectively.
Credit rating agency, CRISIL Equity has assigned the fundamental grade of ‘3/5’ to Sterlite Technologies. The grade indicates that the company’s fundamentals are good relative to other listed equity securities in India. The credit rating agency has also assigned a valuation grade of ‘5/5’ indicating that market price has strong upside from the current levels.
Sterlite Technologies develops & delivers products, solutions and infrastructure for telecom & power transmission networks, globally.
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