Page 3 - Sterlite Technologies

Notion that 5G is dangerous is incorrect: Sterlite Technologies CTO

Telecom providers follow extremely stringent regulations, says Badri Gomatam.

Tejas Networks gains 10% on government nod to PLI scheme for telecom sector

The PLI scheme for telecom gear will lead to an incremental production of around Rs 2.4 trillion, with exports of around Rs 2 trillion in the next five years

Sterlite Technologies to acquire Italy-based optical products firm Optotec

Sterlite Technologies (STL) on Monday said it will acquire Optotec, an optical interconnect products company based in Italy.

Sterlite Tech Q2 profit dips 63% to Rs 58 cr hurt by lower revenue

Revenue from operations slipped nearly 15 per cent to Rs 1,159.5 crore in Q2FY21 from Rs 1,359.6 crore in the year-ago period

Sterlite Tech gains 5% as Co partners with Airtel to build digital network

This modern optical network, Sterlite Technologies said, will enable Airtel to deliver world-class customer experience.

Sterlite gains on Modi's rural connectivity plans, strong order book

A buy call from CLSA acted as a key trigger

PM Modi pitches for internet connectivity in villages; Sterlite Tech up 11%

Cords Cable Industries jumped 15.5%, Birla Cables (10.15%), Paramount Communications (8.94%), and ITI (4.4%) in intra-day trade

Optical fibre manufacturers impacted by Chinese anti-dumping duty

The duties range from 7.4 per cent to 30.6 per cent

Japanese e-commerce giant Rakuten gets Indian firms on board for 5G

Rakuten is tying up with Indian companies such as Sterlite Technologies for hardware and HCL, Wipro, and Tech Mahindra for software

Sterlite Tech Q1 net profit plunges 96%, total income at Rs 885.7 crore

"Covid-19 impacted performance. Project execution significantly impacted due to lockdown. Production and delivery was hurt due to logistics challenges," STL said in a presentation

Reliance, Sterlite, TechM set to power next-gen 5G telecom networks

The move entails moving from the current hardware-dependent networks to ones that will be software-centric with hardly any dependency on the underlying hardware.

Sterlite tech says manufacturing capacities now close to pre-Covid levels

The company, which designs and deploys high-capacity converged fibre and wireless networks, said it is taking all precautions to ensure safety of workers at its sites

Delta Corp, Emami: Share buyback via open market route at seven-year high

Thus far in CY20, 20 companies have announced buyback of their shares, of which, 14 firms have proposed to buyback from open market route

Sterlite Tech jumps 7% as it secures fresh orders worth Rs 1,500 crore

In the past one year, shares of the company have dropped over 53 per cent as against around 13 per cent rise in the Nifty50 index.

Sterlite Technologies Q3 net profit at Rs 91 cr, revenue at Rs 1,203 cr

Its consolidated revenue stood at Rs 1,203 crore during December quarter as against Rs 1,335 crore in the corresponding quarter of 2018-19

Sterlite Technologies up 4% as arm acquires 13% stake in Israel-based ASOCS

In the past month, Sterlite Technologies has outperformed the benchmark Sensex by gaining 4.6 per cent. In comparison, the index added 2.3 per cent till Thursday.

Sterlite Technologies ropes in lobbyist in US for advocating trade issues

The GSP is the largest and oldest US trade preference programme that is aimed at promoting economic development

Sterlite Technologies extends gain on strong Q2 results

The stock moved higher by 6% to Rs 346, extending its past two days 2% gain in an otherwise weak market.

Sterlite Tech bags Rs 35-bn contract to build Indian Navy's digital network

The project includes design, execution, operations and maintenance of the Navy's digital network

Sterlite Tech rises 7% on strong Q1 results, record order book position

The stock rallied 7% to Rs 324 on the BSE after the company reported nearly two times increase in net profit on YoY basis in June quarter and an all-time high order book position of Rs 60.34 billion.