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Sterlite Technologies is currently trading at Rs. 248.40, up by 2.80 points or 1.14% from its previous closing of Rs. 245.60 on the BSE.
The scrip opened at Rs. 248.35 and has touched a high and low of Rs. 251.90 and Rs. 243.25 respectively. So far 116170 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 399.00 on 01-Nov-2018 and a 52 week low of Rs. 181.00 on 12-Feb-2019.
Last one week high and low of the scrip stood at Rs. 251.90 and Rs. 211.00 respectively. The current market cap of the company is Rs. 9853.28 crore.
The promoters holding in the company stood at 53.83%, while Institutions and Non-Institutions held 18.28% and 27.88% respectively.
Sterlite Technologies will be contributing to the O-RAN Alliance, a global carrierled consortium that promotes software-based, extensible Radio Access Network (RAN). Building on a foundation of virtualised network elements and standardised interfaces that fully embrace higher levels of embedded intelligence and openness, the company will contribute to and leverage reference designs developed by the O-RAN Alliance, such as their open-source code to build a near real-time controller and distributed units, with white box hardware.
The company will work with the community to develop curated and hardened O-RAN based solutions. They will also contribute code and results from field trials for 5G technology. The Company’s plans include testing these solutions at Sterlite Networks, a fully operational carrier-neutral telecommunications network, to establish field readiness in a carrier-grade environment. This unique approach will help Sterlite Tech’s carrier customers ascertain certification and conformance to the O-RAN Alliance specifications and accelerate their time to market.
Sterlite Technologies is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software.
| Company Name | CMP |
|---|---|
| Polycab India | 5328.35 |
| Sterlite Technologie | 129.95 |
| KEI Industries | 3792.95 |
| RR Kabel Ltd. | 1640.00 |
| Finolex Cables | 984.80 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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