Is Sterlite Technologies a good buy?

Sterlite Tech is an amazing stock by all accounts. It has generated significant returns for people who bet on the company early and it’s got the financials to back it up. But it’s also a company that brings with itself significant risks because of the business it operates in.

Is Sterlite Technologies part of Vedanta?

MUMBAI: Vedanta Group firm Sterlite Technologies, which is into heavy electrical equipment in the power and telecom sectors, will be investing up to Rs 900 crore in the next 12 months.

Who are promoters of Sterlite Technologies?

Mumbai: Anil Agarwal-led promoters of Sterlite Technologies (STL) have announced that they have removed their entire pledge on STL’s shares with immediate effect.

What is the future of Sterlite Technologies?

Digital networks integrator Sterlite Technologies expects about 20 per cent growth in business across key markets of the US, Europe and India in FY2023 amid global scale-up of networks and 5G build outs, its managing director Ankit Agarwal has said.

What happened to Sterlite Technologies?

Broadband technology firm Sterlite Technologies on Thursday reported a consolidated loss of Rs 22.44 crore in the fourth quarter ended March 31, 2022. Broadband technology firm Sterlite Technologies on Thursday reported a consolidated loss of Rs 22.44 crore in the fourth quarter ended March 31, 2022.

What Sterlite Technologies do?

Sterlite Technologies Limited is a global leader in end-to-end data network solutions. The Company designs and deploys high-capacity converged fibre and wireless networks.

What happened to Sterlite?

Sterlite Copper of Thoothukudi in Tamil Nadu has become a moral issue after the police firing on protesters resulted in the deaths of 13 people in May 2018 . Over some 20 years of plant operation, the company had violated many pollution regulations and faced at least two major allegations of excessive emissions.

Is Sterlite an Indian company?

Sterlite Technologies Limited (Formerly Sterlite Tech) is an Indian multinational technology company, headquartered in Mumbai.

What is new name of Sterlite Industries?

Vedanta Limited
KOLKATA: Sesa Sterlite has announced that it has changed the name of the company from its present name, ‘Sesa Sterlite Limited’ to ‘Vedanta Limited’. The shareholders of the company approved the name change of the company through postal ballot, results of which was announced on March 30, 2015.