Sterlite Technologies Share Price

Sterlite Technologies Investment Rating

• Master Rating:

• Sterlite Technologies has an operating revenue of Rs. 6,280.50 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 3% is fair but needs improvement. The company has a debt to equity of 79%, which is bit higher. The stock from a technical standpoint is trading close to its key moving averages, around 4% and 1% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 8% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 8 which is a FAIR score but needs to improve its earnings, a RS Rating of 26 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 38 indicates it belongs to a strong industry group of Computer-Networking and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.