Sterlite Technologies is currently trading at Rs 41.80, up by 1.90 points or 4.76% from its previous closing of Rs 39.90 on the BSE.
The scrip opened at Rs 39.90 and has touched a high and low of Rs 42.40 and Rs 39.90 respectively. So far 4,48,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 104.45 on 14-Oct-2010 and a 52 week low of Rs 36.20 on 26-Aug-2011.
Last one week high and low of the scrip stood at Rs 42.40 and Rs 38.70 respectively. The current market cap of the company is Rs 1,643 crore.
The promoters holding in the company stood at 54.72% while Institutions and Non-Institutions held 13.80% and 31.48% respectively.
Sterlite Technologies, a leading global provider of transmission solutions for the power and telecom industries, has bagged a contract from BSNL, for deployment of a central office broadband system in telecom circles, pan India.
The company would install and commission the system within FY13 and would manage this network for 7 years thereafter. The system, once completed, would be capable of handling about 1.6 million broadband connections.
Sterlite has streamlined its efforts to implement these Central Office broadband systems well within the required project schedule. This contract valued at about Rs 114 crore, is part of a total bank of new orders valued at about Rs 560 crore that Sterlite has received since July 1, 2011.
Sterlite Technologies manufactures telecom cables and power transmission conductors. It is the largest domestic player for both telecom cables and power transmission conductors, and has a sizable presence in the global optical fibre and cables market.
| Company Name | CMP |
|---|---|
| Polycab India | 8041.30 |
| KEI Industries | 4813.65 |
| RR Kabel Ltd. | 1443.10 |
| Finolex Cables | 973.05 |
| Precision Wire India | 390.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: