Sterlite Technologies Ltd
STRTECH

152.70

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

152.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 145.55
We recommend ACCUMULATE as government’s BharatNet initiative is expected to boost fibre and cable demand, thus benefitting company. With capacity expansion and lower leverage, we expect PAT to grow by 28% over FY16-18E. Stock is currently trading at 22.41x P/E on FY18E earnings. (Target Price – Rs.158)
Detailed View
50 DMA (.)
130.31
100 DMA (.)
117.10
200 DMA (.)
103.94
Weekly Range (.)
136.65
156.00
Monthly Range (.)
120.45
156.00
52 Weeks Range (.)
67.58
156.00
Detailed Chart
welcome to iifl