Sterlite Tech- Is it Going for Another Top..In technical analysis, we examine historical data of an instrument to anticipate its future course of action. We all would agree that Price and volume are the primary and perhaps the purest form of data in technical analysis and that’s why some traders, including me, are always more inclined towards
2.40INR
1.41 BINR
68.46 BINR
150.00 M
About STERLITE TECHNOLOGIES LTD.
Sector
Industry
CEO
Ankit Agarwal
Website
Headquarters
Pune
Employees (FY)
5.67 K
Founded
1988
ISIN
INE089C01029
FIGI
BBG000CLNXY4
Sterlite Technologies Ltd. engages in the business of connectivity and network solutions. The firm provides integrated 5G ready end-to-end solutions ranging from wired to wireless, design to deployment, connectivity to compute through core capabilities in Optical Interconnect, Virtualised Access Solutions, Network Software and System Integration. The firm partners with global telecom companies, cloud companies, citizen networks and large enterprises to design, build and manage such cloud-native software-defined networks. The company was founded in 1988 and is headquartered in Pune, India.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
Sterlite Tech - Looks good above 150Consider this chart for buying after it crosses above 150 on a weekly closing basis.
Capex undertaken by the company which could yield good sales in future.
Rights issue also expected in near future.
Stop Loss and all potential targets plotted on the chart
STLTECH WEDGE BREAKOUTSTLTECH broke wedge pattern and its in a correction and now it formed a bullish hammer pattern as well.so look for a buy,the first target itself gives 18% from CMP.once that resistance broken it might give near 50% as its next resistance is 242.
Sterlite Technologies Analysis- Strong Trend Breakout: Sterlite Technologies has experienced a very strong breakout after a 5-month consolidation period. This breakout suggests a potential shift in the stock's trend towards the upside.
- High Volume Confirmation: The breakout is supported by very high trading volume, indicating
STLTECH Looking for breakoutTaking support at 128 on monthly chart. Breaking trendline at 144 on Daily and Weekly chart. Allow weekly candle to complete. Wait for retest and buy at breakout.
Sterlite Technologies LtdIts near its 52 Week low.
Dividend giving stock.
Promoter Holding is good & No promoter Pledged.
Debt is increasing.
Demand Zone are marked as green shaded horizontal area.
Support is marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horiz
Stltech at channel supportBuy Stltech at 130 short term target 185
Its must by considering upcoming 5g 6g technologies.
dont miss
stltech 300+Buy Stltech cmp 145 target 300
Keep accumulating all the dips in portfolio for long term gains.
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Frequently Asked Questions
The current price of STLTECH is 129.95 INR — it has decreased by 8.68% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange STERLITE TECHNOLOGIES LTD. stocks are traded under the ticker STLTECH.
STERLITE TECHNOLOGIES LTD. is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
STLTECH stock is 10.70% volatile and has beta coefficient of 1.23. Check out the list of the most volatile stocks — is STERLITE TECHNOLOGIES LTD. there?
One year price forecast for STERLITE TECHNOLOGIES LTD. has a max estimate of 127.00 INR and a min estimate of 127.00 INR.
STLTECH earnings for the last quarter are −1.60 INR whereas the estimation was 2.70 INR which accounts for −159.26% surprise. Estimated earnings for the next quarter are 3.60 INR. See more details about STERLITE TECHNOLOGIES LTD. earnings.
STERLITE TECHNOLOGIES LTD. revenue for the last quarter amounts to 14.94 B INR despite the estimated figure of 16.09 B INR. In the next quarter revenue is expected to reach 16.40 B INR.
Yes, you can track STERLITE TECHNOLOGIES LTD. financials in yearly and quarterly reports right on TradingView.
STLTECH stock has fallen by 7.84% compared to the previous week, the month change is a 7.35% rise, over the last year STERLITE TECHNOLOGIES LTD. has showed a 18.37% decrease.
STLTECH net income for the last quarter is −570.00 M INR, while the quarter before that showed 340.00 M INR of net income which accounts for −267.65% change. Track more STERLITE TECHNOLOGIES LTD. financial stats to get the full picture.
Today STERLITE TECHNOLOGIES LTD. has the market capitalization of 56.79 B, it has decreased by 0.24% over the last week.
Yes, STLTECH dividends are paid annually. The last dividend per share was 1.00 INR. As of today, Dividend Yield (TTM)% is 0.70%. Tracking STERLITE TECHNOLOGIES LTD. dividends might help you take more informed decisions.
STERLITE TECHNOLOGIES LTD. dividend yield was 0.68% in 2022, and payout ratio reached 28.23%. The year before the numbers were 0.22% and 33.09% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, STLTECH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade STERLITE TECHNOLOGIES LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 5.67 K employees. See our rating of the largest employees — is STERLITE TECHNOLOGIES LTD. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So STERLITE TECHNOLOGIES LTD. technincal analysis shows the sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating STERLITE TECHNOLOGIES LTD. stock shows the sell signal. See more of STERLITE TECHNOLOGIES LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on STERLITE TECHNOLOGIES LTD. future price: according to them, STLTECH price has a max estimate of 127.00 INR and a min estimate of 127.00 INR. Read a more detailed STERLITE TECHNOLOGIES LTD. forecast: see what analysts think of STERLITE TECHNOLOGIES LTD. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. STERLITE TECHNOLOGIES LTD. EBITDA is 7.73 B INR, and current EBITDA margin is 12.07%. See more stats in STERLITE TECHNOLOGIES LTD. financial statements.