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Sterlite Technologies Limited
Buy, Hold or Sell?

Let's analyse Sterlite Technologies Limited together

PenkeI guess you are interested in Sterlite Technologies Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Sterlite Technologies Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Sterlite Technologies Limited (30 sec.)










What can you expect buying and holding a share of Sterlite Technologies Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.02
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR52.17
Expected worth in 1 year
INR57.10
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR6.93
Return On Investment
6.3%

For what price can you sell your share?

Current Price per Share
INR110.80
Expected price per share
INR0 - INR128.75
How sure are you?
50%

1. Valuation of Sterlite Technologies Limited (5 min.)




Live pricePrice per Share (EOD)

INR110.80

Intrinsic Value Per Share

INR-41.95 - INR115.39

Total Value Per Share

INR10.22 - INR167.56

2. Growth of Sterlite Technologies Limited (5 min.)




Is Sterlite Technologies Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$251.4m$245m$6.3m2.5%

How much money is Sterlite Technologies Limited making?

Current yearPrevious yearGrowGrow %
Making money$16.9m$7.2m$9.7m57.4%
Net Profit Margin2.0%1.1%--

How much money comes from the company's main activities?

3. Financial Health of Sterlite Technologies Limited (5 min.)




4. Comparing to competitors in the Electrical Equipment & Parts industry (5 min.)




  Industry Rankings (Electrical Equipment & Parts)  

What can you expect buying and holding a share of Sterlite Technologies Limited? (5 min.)

Welcome investor! Sterlite Technologies Limited's management wants to use your money to grow the business. In return you get a share of Sterlite Technologies Limited.

What can you expect buying and holding a share of Sterlite Technologies Limited?

First you should know what it really means to hold a share of Sterlite Technologies Limited. And how you can make/lose money.

Speculation

The Price per Share of Sterlite Technologies Limited is INR110.80. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Sterlite Technologies Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Sterlite Technologies Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR52.17. Based on the TTM, the Book Value Change Per Share is INR1.23 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.94 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sterlite Technologies Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.040.0%0.040.0%0.020.0%0.090.1%0.060.1%
Usd Book Value Change Per Share0.010.0%0.010.0%-0.010.0%0.050.0%0.030.0%
Usd Dividend Per Share0.010.0%0.010.0%0.020.0%0.030.0%0.020.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.010.0%0.080.1%0.040.0%
Usd Price Per Share1.77-1.77-2.69-2.04-1.75-
Price to Earnings Ratio42.03-42.03-145.29-47.49--53.21-
Price-to-Total Gains Ratio85.18-85.18-217.05-71.58-38.58-
Price to Book Ratio2.83-2.83-4.41-3.43-4.00-
Price-to-Total Gains Ratio85.18-85.18-217.05-71.58-38.58-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.3296
Number of shares752
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.03
Usd Book Value Change Per Share0.010.05
Usd Total Gains Per Share0.020.08
Gains per Quarter (752 shares)15.6358.63
Gains per Year (752 shares)62.52234.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
118455382153225
23689116164305460
354134179246458695
472178242327611930
5902233054097631165
61082673684919161400
712631243157310691635
814435649465512211870
916240155773713742105
1018044562081915272340

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%17.02.00.089.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.03.00.070.0%16.03.00.084.2%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%17.02.00.089.5%

Fundamentals of Sterlite Technologies Limited

About Sterlite Technologies Limited

Sterlite Technologies Limited manufactures and sells connectivity and network solutions in India and internationally. It offers optical fiber, specialty cables, and optical interconnect kits; virtualized access solutions; and wireless network software products. The company provides network design, fiber rollout, RAN, data center network, and private enterprise network services. In addition, it offers optical connectivity, fibre deployment, FTTX access network, network modernization, and access network distribution solutions. Sterlite Technologies Limited was founded in 1988 and is based in Pune, India. Sterlite Technologies Limited is a subsidiary of Twin Star Overseas Ltd.

Fundamental data was last updated by Penke on 2024-03-18 20:45:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Sterlite Technologies Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sterlite Technologies Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • A Net Profit Margin of 2.0% means that ₹0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sterlite Technologies Limited:

  • The MRQ is 2.0%. The company is making a profit. +1
  • The TTM is 2.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.0%0.0%
TTM2.0%YOY1.1%+1.0%
TTM2.0%5Y5.2%-3.2%
5Y5.2%10Y5.2%+0.0%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%3.8%-1.8%
TTM2.0%3.7%-1.7%
YOY1.1%3.3%-2.2%
5Y5.2%3.2%+2.0%
10Y5.2%3.4%+1.8%
1.1.2. Return on Assets

Shows how efficient Sterlite Technologies Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • 1.6% Return on Assets means that Sterlite Technologies Limited generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sterlite Technologies Limited:

  • The MRQ is 1.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY0.7%+0.9%
TTM1.6%5Y3.6%-2.0%
5Y3.6%10Y4.0%-0.4%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%0.9%+0.7%
TTM1.6%1.0%+0.6%
YOY0.7%0.8%-0.1%
5Y3.6%0.9%+2.7%
10Y4.0%1.1%+2.9%
1.1.3. Return on Equity

Shows how efficient Sterlite Technologies Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • 6.7% Return on Equity means Sterlite Technologies Limited generated ₹0.07 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sterlite Technologies Limited:

  • The MRQ is 6.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.7%TTM6.7%0.0%
TTM6.7%YOY3.1%+3.7%
TTM6.7%5Y14.3%-7.6%
5Y14.3%10Y14.4%-0.1%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ6.7%2.0%+4.7%
TTM6.7%1.9%+4.8%
YOY3.1%1.7%+1.4%
5Y14.3%1.8%+12.5%
10Y14.4%2.0%+12.4%

1.2. Operating Efficiency of Sterlite Technologies Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sterlite Technologies Limited is operating .

  • Measures how much profit Sterlite Technologies Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • An Operating Margin of 9.0% means the company generated ₹0.09  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Sterlite Technologies Limited:

  • The MRQ is 9.0%. The company is operating less efficient.
  • The TTM is 9.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.0%TTM9.0%0.0%
TTM9.0%YOY3.7%+5.3%
TTM9.0%5Y11.7%-2.6%
5Y11.7%10Y11.8%-0.1%
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ9.0%6.7%+2.3%
TTM9.0%3.4%+5.6%
YOY3.7%4.3%-0.6%
5Y11.7%4.9%+6.8%
10Y11.8%3.7%+8.1%
1.2.2. Operating Ratio

Measures how efficient Sterlite Technologies Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are ₹0.92 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Sterlite Technologies Limited:

  • The MRQ is 0.916. The company is less efficient in keeping operating costs low.
  • The TTM is 0.916. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.916TTM0.9160.000
TTM0.916YOY0.963-0.047
TTM0.9165Y0.885+0.031
5Y0.88510Y0.873+0.011
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9161.657-0.741
TTM0.9161.679-0.763
YOY0.9631.676-0.713
5Y0.8851.631-0.746
10Y0.8731.348-0.475

1.3. Liquidity of Sterlite Technologies Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sterlite Technologies Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A Current Ratio of 0.94 means the company has ₹0.94 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Sterlite Technologies Limited:

  • The MRQ is 0.941. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.941. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.941TTM0.9410.000
TTM0.941YOY1.019-0.077
TTM0.9415Y0.974-0.032
5Y0.97410Y0.959+0.015
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9411.908-0.967
TTM0.9411.887-0.946
YOY1.0191.909-0.890
5Y0.9741.994-1.020
10Y0.9591.645-0.686
1.3.2. Quick Ratio

Measures if Sterlite Technologies Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • A Quick Ratio of 0.75 means the company can pay off ₹0.75 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sterlite Technologies Limited:

  • The MRQ is 0.747. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.747. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.747TTM0.7470.000
TTM0.747YOY0.764-0.018
TTM0.7475Y0.783-0.036
5Y0.78310Y0.615+0.168
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7470.887-0.140
TTM0.7470.895-0.148
YOY0.7640.962-0.198
5Y0.7830.985-0.202
10Y0.6150.985-0.370

1.4. Solvency of Sterlite Technologies Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sterlite Technologies Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sterlite Technologies Limited to Electrical Equipment & Parts industry mean.
  • A Debt to Asset Ratio of 0.76 means that Sterlite Technologies Limited assets are financed with 76.4% credit (debt) and the remaining percentage (100% - 76.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sterlite Technologies Limited:

  • The MRQ is 0.764. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.764. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.764TTM0.7640.000
TTM0.764YOY0.766-0.003
TTM0.7645Y0.746+0.017
5Y0.74610Y0.746+0.001
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7640.436+0.328
TTM0.7640.447+0.317
YOY0.7660.438+0.328
5Y0.7460.443+0.303
10Y0.7460.433+0.313
1.4.2. Debt to Equity Ratio

Measures if Sterlite Technologies Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • A Debt to Equity ratio of 323.8% means that company has ₹3.24 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sterlite Technologies Limited:

  • The MRQ is 3.238. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.238. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.238TTM3.2380.000
TTM3.238YOY3.425-0.188
TTM3.2385Y3.080+0.158
5Y3.08010Y3.234-0.154
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2380.766+2.472
TTM3.2380.812+2.426
YOY3.4250.799+2.626
5Y3.0800.819+2.261
10Y3.2340.837+2.397

2. Market Valuation of Sterlite Technologies Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Sterlite Technologies Limited generates.

  • Above 15 is considered overpriced but always compare Sterlite Technologies Limited to the Electrical Equipment & Parts industry mean.
  • A PE ratio of 42.03 means the investor is paying ₹42.03 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sterlite Technologies Limited:

  • The EOD is 31.558. Based on the earnings, the company is overpriced. -1
  • The MRQ is 42.026. Based on the earnings, the company is overpriced. -1
  • The TTM is 42.026. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD31.558MRQ42.026-10.467
MRQ42.026TTM42.0260.000
TTM42.026YOY145.286-103.260
TTM42.0265Y47.488-5.462
5Y47.48810Y-53.206+100.694
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD31.55815.343+16.215
MRQ42.02613.372+28.654
TTM42.02614.274+27.752
YOY145.28616.091+129.195
5Y47.48817.732+29.756
10Y-53.20623.147-76.353
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Sterlite Technologies Limited:

  • The EOD is -29.864. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -39.769. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -39.769. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-29.864MRQ-39.769+9.905
MRQ-39.769TTM-39.7690.000
TTM-39.769YOY-87.374+47.605
TTM-39.7695Y-23.598-16.172
5Y-23.59810Y-28.426+4.829
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-29.8644.318-34.182
MRQ-39.7694.034-43.803
TTM-39.7692.128-41.897
YOY-87.374-2.178-85.196
5Y-23.598-0.110-23.488
10Y-28.4260.056-28.482
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sterlite Technologies Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Electrical Equipment & Parts industry mean).
  • A PB ratio of 2.83 means the investor is paying ₹2.83 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Sterlite Technologies Limited:

  • The EOD is 2.124. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.828. Based on the equity, the company is underpriced. +1
  • The TTM is 2.828. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.124MRQ2.828-0.704
MRQ2.828TTM2.8280.000
TTM2.828YOY4.407-1.578
TTM2.8285Y3.432-0.604
5Y3.43210Y3.998-0.566
Compared to industry (Electrical Equipment & Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.1241.968+0.156
MRQ2.8282.042+0.786
TTM2.8282.191+0.637
YOY4.4072.277+2.130
5Y3.4322.376+1.056
10Y3.9982.816+1.182
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sterlite Technologies Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.2341.2340%-0.945+177%4.229-71%2.280-46%
Book Value Per Share--52.16652.1660%50.932+2%49.838+5%38.762+35%
Current Ratio--0.9410.9410%1.019-8%0.974-3%0.959-2%
Debt To Asset Ratio--0.7640.7640%0.7660%0.746+2%0.746+2%
Debt To Equity Ratio--3.2383.2380%3.425-5%3.080+5%3.234+0%
Dividend Per Share--0.4980.4980%1.979-75%2.268-78%1.401-64%
Eps--3.5113.5110%1.545+127%7.276-52%5.241-33%
Free Cash Flow Per Share---3.710-3.7100%-2.569-31%-0.009-100%-4.120+11%
Free Cash Flow To Equity Per Share---6.997-6.9970%0.305-2392%2.494-381%0.925-856%
Gross Profit Margin---2.645-2.6450%-4.719+78%-1.106-58%4.056-165%
Intrinsic Value_10Y_max--115.392--------
Intrinsic Value_10Y_min---41.947--------
Intrinsic Value_1Y_max--2.491--------
Intrinsic Value_1Y_min---4.183--------
Intrinsic Value_3Y_max--14.399--------
Intrinsic Value_3Y_min---12.661--------
Intrinsic Value_5Y_max--34.642--------
Intrinsic Value_5Y_min---21.174--------
Market Cap44222052800.000-34%59256080000.00059256080000.0000%90004450000.000-34%68442406000.000-13%58732588460.000+1%
Net Profit Margin--0.0200.0200%0.011+92%0.052-61%0.052-61%
Operating Margin--0.0900.0900%0.037+142%0.117-23%0.118-23%
Operating Ratio--0.9160.9160%0.963-5%0.885+4%0.873+5%
Pb Ratio2.124-33%2.8282.8280%4.407-36%3.432-18%3.998-29%
Pe Ratio31.558-33%42.02642.0260%145.286-71%47.488-12%-53.206+227%
Price Per Share110.800-33%147.550147.5500%224.450-34%169.690-13%145.530+1%
Price To Free Cash Flow Ratio-29.864+25%-39.769-39.7690%-87.374+120%-23.598-41%-28.426-29%
Price To Total Gains Ratio63.966-33%85.18285.1820%217.047-61%71.578+19%38.582+121%
Quick Ratio--0.7470.7470%0.764-2%0.783-5%0.615+21%
Return On Assets--0.0160.0160%0.007+132%0.036-56%0.040-60%
Return On Equity--0.0670.0670%0.031+120%0.143-53%0.144-53%
Total Gains Per Share--1.7321.7320%1.034+68%6.497-73%3.681-53%
Usd Book Value--251400000.000251400000.0000%245085600.000+3%241452000.000+4%187475760.000+34%
Usd Book Value Change Per Share--0.0150.0150%-0.011+177%0.051-71%0.027-46%
Usd Book Value Per Share--0.6260.6260%0.611+2%0.598+5%0.465+35%
Usd Dividend Per Share--0.0060.0060%0.024-75%0.027-78%0.017-64%
Usd Eps--0.0420.0420%0.019+127%0.087-52%0.063-33%
Usd Free Cash Flow---17880000.000-17880000.0000%-12361200.000-31%240.000-7450100%-19614360.000+10%
Usd Free Cash Flow Per Share---0.045-0.0450%-0.031-31%0.000-100%-0.049+11%
Usd Free Cash Flow To Equity Per Share---0.084-0.0840%0.004-2392%0.030-381%0.011-856%
Usd Market Cap530664633.600-34%711072960.000711072960.0000%1080053400.000-34%821308872.000-13%704791061.520+1%
Usd Price Per Share1.330-33%1.7711.7710%2.693-34%2.036-13%1.746+1%
Usd Profit--16920000.00016920000.0000%7200000.000+135%32262480.000-48%24272280.000-30%
Usd Revenue--831000000.000831000000.0000%679476000.000+22%658453680.000+26%487324440.000+71%
Usd Total Gains Per Share--0.0210.0210%0.012+68%0.078-73%0.044-53%
 EOD+3 -5MRQTTM+0 -0YOY+22 -145Y+9 -2710Y+14 -22

3.2. Fundamental Score

Let's check the fundamental score of Sterlite Technologies Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1531.558
Price to Book Ratio (EOD)Between0-12.124
Net Profit Margin (MRQ)Greater than00.020
Operating Margin (MRQ)Greater than00.090
Quick Ratio (MRQ)Greater than10.747
Current Ratio (MRQ)Greater than10.941
Debt to Asset Ratio (MRQ)Less than10.764
Debt to Equity Ratio (MRQ)Less than13.238
Return on Equity (MRQ)Greater than0.150.067
Return on Assets (MRQ)Greater than0.050.016
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Sterlite Technologies Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.940
Ma 20Greater thanMa 50124.685
Ma 50Greater thanMa 100133.802
Ma 100Greater thanMa 200140.030
OpenGreater thanClose112.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets88,650,000
Total Liabilities67,700,000
Total Stockholder Equity20,910,000
 As reported
Total Liabilities 67,700,000
Total Stockholder Equity+ 20,910,000
Total Assets = 88,650,000

Assets

Total Assets88,650,000
Total Current Assets52,050,000
Long-term Assets36,590,000
Total Current Assets
Cash And Cash Equivalents 4,500,000
Short-term Investments 2,150,000
Net Receivables 32,480,000
Inventory 8,320,000
Other Current Assets 4,600,000
Total Current Assets  (as reported)52,050,000
Total Current Assets  (calculated)52,050,000
+/-0
Long-term Assets
Property Plant Equipment 29,830,000
Goodwill 2,250,000
Intangible Assets 1,670,000
Long-term Assets Other 1,110,000
Long-term Assets  (as reported)36,590,000
Long-term Assets  (calculated)34,860,000
+/- 1,730,000

Liabilities & Shareholders' Equity

Total Current Liabilities55,290,000
Long-term Liabilities12,410,000
Total Stockholder Equity20,910,000
Total Current Liabilities
Short-term Debt 27,060,000
Short Long Term Debt 26,650,000
Accounts payable 21,520,000
Other Current Liabilities 1,330,000
Total Current Liabilities  (as reported)55,290,000
Total Current Liabilities  (calculated)76,560,000
+/- 21,270,000
Long-term Liabilities
Long term Debt 10,020,000
Capital Lease Obligations 1,670,000
Long-term Liabilities  (as reported)12,410,000
Long-term Liabilities  (calculated)11,690,000
+/- 720,000
Total Stockholder Equity
Common Stock800,000
Retained Earnings 17,770,000
Accumulated Other Comprehensive Income 2,000,000
Other Stockholders Equity 340,000
Total Stockholder Equity (as reported)20,910,000
Total Stockholder Equity (calculated)20,910,000
+/-0
Other
Capital Stock800,000
Cash and Short Term Investments 6,650,000
Common Stock Shares Outstanding 401,600
Current Deferred Revenue5,380,000
Liabilities and Stockholders Equity 88,650,000
Net Debt 33,840,000
Net Invested Capital 57,580,000
Net Working Capital -3,240,000
Property Plant and Equipment Gross 29,830,000
Short Long Term Debt Total 38,340,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
6,491,030
8,007,660
13,002,880
15,650,000
16,768,900
19,615,800
26,678,400
32,934,300
53,667,000
69,268,800
83,922,000
26,404,100
29,506,500
37,117,400
70,122,800
72,090,000
80,726,100
87,448,900
88,650,000
88,650,00087,448,90080,726,10072,090,00070,122,80037,117,40029,506,50026,404,10083,922,00069,268,80053,667,00032,934,30026,678,40019,615,80016,768,90015,650,00013,002,8808,007,6606,491,030
   > Total Current Assets 
2,992,900
4,799,230
7,533,790
9,962,800
9,250,500
11,405,200
14,535,100
13,639,700
16,851,400
14,289,800
19,631,800
12,390,100
14,727,900
19,562,000
39,780,800
37,682,900
44,680,100
49,812,000
52,050,000
52,050,00049,812,00044,680,10037,682,90039,780,80019,562,00014,727,90012,390,10019,631,80014,289,80016,851,40013,639,70014,535,10011,405,2009,250,5009,962,8007,533,7904,799,2302,992,900
       Cash And Cash Equivalents 
175,770
1,071,600
789,290
891,800
779,400
2,103,100
1,809,500
2,162,400
4,674,600
829,500
1,537,700
594,600
1,273,800
1,195,600
1,432,900
1,496,000
1,927,900
4,106,800
4,500,000
4,500,0004,106,8001,927,9001,496,0001,432,9001,195,6001,273,800594,6001,537,700829,5004,674,6002,162,4001,809,5002,103,100779,400891,800789,2901,071,600175,770
       Short-term Investments 
0
0
0
1,686,100
2,008,500
1,303,300
2,132,200
130,000
1,470,200
2,394,100
2,796,400
55,900
426,100
1,797,000
2,207,400
3,323,100
2,309,600
1,357,700
2,150,000
2,150,0001,357,7002,309,6003,323,1002,207,4001,797,000426,10055,9002,796,4002,394,1001,470,200130,0002,132,2001,303,3002,008,5001,686,100000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
7,917,900
10,338,100
27,437,600
23,077,800
29,870,200
30,550,600
32,480,000
32,480,00030,550,60029,870,20023,077,80027,437,60010,338,1007,917,900000000000000
       Inventory 
819,440
939,230
1,199,930
2,193,900
1,003,700
1,709,100
1,928,400
2,720,700
3,010,500
3,195,800
4,149,100
2,155,100
3,334,900
3,378,500
5,896,500
4,518,100
6,263,500
9,201,700
8,320,000
8,320,0009,201,7006,263,5004,518,1005,896,5003,378,5003,334,9002,155,1004,149,1003,195,8003,010,5002,720,7001,928,4001,709,1001,003,7002,193,9001,199,930939,230819,440
       Other Current Assets 
1,997,690
2,788,400
5,544,570
5,191,000
5,458,900
6,289,700
8,665,000
8,626,600
7,696,100
7,870,400
11,148,600
9,584,500
9,693,100
13,190,900
2,806,400
28,345,700
4,308,900
4,595,200
4,600,000
4,600,0004,595,2004,308,90028,345,7002,806,40013,190,9009,693,1009,584,50011,148,6007,870,4007,696,1008,626,6008,665,0006,289,7005,458,9005,191,0005,544,5702,788,4001,997,690
   > Long-term Assets 
3,498,130
3,208,430
5,469,090
5,687,200
7,518,400
8,210,600
12,143,300
19,294,600
36,815,600
54,979,000
64,290,200
14,014,000
14,778,600
17,555,400
30,342,000
34,407,100
36,046,000
37,636,900
36,590,000
36,590,00037,636,90036,046,00034,407,10030,342,00017,555,40014,778,60014,014,00064,290,20054,979,00036,815,60019,294,60012,143,3008,210,6007,518,4005,687,2005,469,0903,208,4303,498,130
       Property Plant Equipment 
3,498,120
3,208,370
4,869,460
5,593,800
6,566,700
7,019,500
10,909,400
16,708,900
32,807,900
52,563,500
62,315,400
11,663,500
12,489,900
14,921,200
27,369,000
29,730,500
30,100,200
29,978,100
29,830,000
29,830,00029,978,10030,100,20029,730,50027,369,00014,921,20012,489,90011,663,50062,315,40052,563,50032,807,90016,708,90010,909,4007,019,5006,566,7005,593,8004,869,4603,208,3703,498,120
       Goodwill 
0
0
0
24,300
24,300
24,700
33,500
33,500
0
0
0
1,348,900
1,035,700
739,300
1,073,500
1,217,900
2,920,900
2,960,300
2,250,000
2,250,0002,960,3002,920,9001,217,9001,073,500739,3001,035,7001,348,90000033,50033,50024,70024,30024,300000
       Intangible Assets 
0
0
2,720
7,200
5,800
96,600
80,400
62,900
169,300
176,700
162,700
188,700
170,400
161,700
430,600
975,400
991,200
1,865,900
1,670,000
1,670,0001,865,900991,200975,400430,600161,700170,400188,700162,700176,700169,30062,90080,40096,6005,8007,2002,72000
       Long-term Assets Other 
10
60
63,060
1,687,100
2,003,600
1,303,300
2,132,200
2,489,300
3,816,700
2,229,000
1,693,200
852,800
936,400
3,327,500
3,176,100
1,334,600
632,800
1,433,000
1,110,000
1,110,0001,433,000632,8001,334,6003,176,1003,327,500936,400852,8001,693,2002,229,0003,816,7002,489,3002,132,2001,303,3002,003,6001,687,10063,0606010
> Total Liabilities 
3,801,940
4,691,210
8,836,750
10,230,700
10,530,400
10,427,900
16,302,000
21,394,400
41,946,700
57,960,000
68,731,900
19,103,500
20,253,900
24,544,700
51,975,800
51,860,400
59,871,500
67,025,100
67,700,000
67,700,00067,025,10059,871,50051,860,40051,975,80024,544,70020,253,90019,103,50068,731,90057,960,00041,946,70021,394,40016,302,00010,427,90010,530,40010,230,7008,836,7504,691,2103,801,940
   > Total Current Liabilities 
2,149,330
2,103,160
2,333,820
3,217,500
5,005,000
6,239,100
7,964,200
15,943,200
21,801,400
21,185,600
22,576,100
12,577,600
14,091,200
17,039,700
41,401,100
39,784,200
44,701,200
48,904,700
55,290,000
55,290,00048,904,70044,701,20039,784,20041,401,10017,039,70014,091,20012,577,60022,576,10021,185,60021,801,40015,943,2007,964,2006,239,1005,005,0003,217,5002,333,8202,103,1602,149,330
       Short-term Debt 
0
0
0
0
0
0
0
6,643,700
9,091,900
8,526,800
8,803,700
6,204,200
6,654,000
5,470,000
11,322,800
15,116,400
16,092,500
18,105,100
27,060,000
27,060,00018,105,10016,092,50015,116,40011,322,8005,470,0006,654,0006,204,2008,803,7008,526,8009,091,9006,643,7000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
6,654,000
5,470,000
11,322,800
14,775,700
12,339,900
17,752,400
26,650,000
26,650,00017,752,40012,339,90014,775,70011,322,8005,470,0006,654,000000000000000
       Accounts payable 
0
0
1,037,430
2,346,900
2,679,200
4,425,100
5,043,900
5,383,500
6,068,800
5,943,900
9,228,200
3,717,900
4,486,400
6,561,800
19,127,500
14,303,000
19,436,600
24,199,700
21,520,000
21,520,00024,199,70019,436,60014,303,00019,127,5006,561,8004,486,4003,717,9009,228,2005,943,9006,068,8005,383,5005,043,9004,425,1002,679,2002,346,9001,037,43000
       Other Current Liabilities 
2,149,330
2,103,160
1,296,390
870,600
2,325,800
1,814,000
2,920,300
3,916,000
6,233,800
6,421,500
4,457,000
2,527,900
2,710,300
4,923,900
10,220,600
595,100
518,800
572,000
1,330,000
1,330,000572,000518,800595,10010,220,6004,923,9002,710,3002,527,9004,457,0006,421,5006,233,8003,916,0002,920,3001,814,0002,325,800870,6001,296,3902,103,1602,149,330
   > Long-term Liabilities 
1,652,610
2,588,050
6,502,930
7,013,200
5,525,400
4,188,800
8,337,800
5,451,200
20,145,300
36,774,400
46,155,800
6,525,900
6,162,700
7,505,000
10,574,700
12,076,200
15,170,300
18,120,400
12,410,000
12,410,00018,120,40015,170,30012,076,20010,574,7007,505,0006,162,7006,525,90046,155,80036,774,40020,145,3005,451,2008,337,8004,188,8005,525,4007,013,2006,502,9302,588,0501,652,610
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
1,495,000
1,199,600
1,215,000
1,411,500
1,826,300
1,470,000
0
01,470,0001,826,3001,411,5001,215,0001,199,6001,495,000000000000000
> Total Stockholder Equity
2,689,090
3,316,450
4,166,130
5,394,500
6,211,800
9,160,400
10,366,200
11,448,500
11,592,500
11,101,600
14,959,700
6,988,500
8,800,600
11,753,200
17,193,000
19,197,800
19,873,900
19,566,900
20,910,000
20,910,00019,566,90019,873,90019,197,80017,193,00011,753,2008,800,6006,988,50014,959,70011,101,60011,592,50011,448,50010,366,2009,160,4006,211,8005,394,5004,166,1303,316,4502,689,090
   Common Stock
279,970
293,970
307,970
322,300
322,700
711,000
712,800
786,500
786,900
787,600
788,100
790,400
796,600
802,000
805,100
807,900
793,300
795,500
800,000
800,000795,500793,300807,900805,100802,000796,600790,400788,100787,600786,900786,500712,800711,000322,700322,300307,970293,970279,970
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
-2,963,820
-3,272,010
-3,580,370
-3,948,600
-4,306,400
-4,669,900
-4,709,500
-4,949,800
-5,745,900
-6,989,700
-9,235,200
-8,215,500
-9,296,900
-10,628,000
-11,992,600
-14,166,800
1,984,000
1,710,000
2,000,000
2,000,0001,710,0001,984,000-14,166,800-11,992,600-10,628,000-9,296,900-8,215,500-9,235,200-6,989,700-5,745,900-4,949,800-4,709,500-4,669,900-4,306,400-3,948,600-3,580,370-3,272,010-2,963,820
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
5,372,940
6,294,490
4,202,400
9,020,800
10,195,500
13,119,300
14,362,900
6,940,200
9,099,500
10,995,200
17,916,100
9,482,200
11,099,400
12,823,100
15,143,000
-17,893,800
148,300
254,000
340,000
340,000254,000148,300-17,893,80015,143,00012,823,10011,099,4009,482,20017,916,10010,995,2009,099,5006,940,20014,362,90013,119,30010,195,5009,020,8004,202,4006,294,4905,372,940



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue69,250,000
Cost of Revenue-42,110,000
Gross Profit27,140,00027,140,000
 
Operating Income (+$)
Gross Profit27,140,000
Operating Expense-21,330,000
Operating Income6,190,0005,810,000
 
Operating Expense (+$)
Research Development400,000
Selling General Administrative1,690,000
Selling And Marketing Expenses5,140,000
Operating Expense21,330,0007,230,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3,110,000
Other Finance Cost-0
Net Interest Income-3,110,000
 
Pretax Income (+$)
Operating Income6,190,000
Net Interest Income-3,110,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,150,0009,230,000
EBIT - interestExpense = 3,150,000
2,250,000
4,520,000
Interest Expense3,110,000
Earnings Before Interest and Taxes (EBIT)6,260,0006,260,000
Earnings Before Interest and Taxes (EBITDA)9,990,000
 
After tax Income (+$)
Income Before Tax3,150,000
Tax Provision-840,000
Net Income From Continuing Ops2,310,0002,310,000
Net Income1,410,000
Net Income Applicable To Common Shares1,410,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses63,440,000
Total Other Income/Expenses Net-3,040,0003,110,000
 

Technical Analysis of Sterlite Technologies Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sterlite Technologies Limited. The general trend of Sterlite Technologies Limited is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Sterlite Technologies Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Sterlite Technologies Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 115.65 < 128.55 < 128.75.

The bearish price targets are: .

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Sterlite Technologies Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Sterlite Technologies Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Sterlite Technologies Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Sterlite Technologies Limited. The current macd is -6.77371418.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Sterlite Technologies Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sterlite Technologies Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sterlite Technologies Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Sterlite Technologies Limited Daily Moving Average Convergence/Divergence (MACD) ChartSterlite Technologies Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Sterlite Technologies Limited. The current adx is 31.95.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Sterlite Technologies Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Sterlite Technologies Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Sterlite Technologies Limited. The current sar is 127.22.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Sterlite Technologies Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Sterlite Technologies Limited. The current rsi is 27.94. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Sterlite Technologies Limited Daily Relative Strength Index (RSI) ChartSterlite Technologies Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Sterlite Technologies Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sterlite Technologies Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Sterlite Technologies Limited Daily Stochastic Oscillator ChartSterlite Technologies Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Sterlite Technologies Limited. The current cci is -106.76902068.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Sterlite Technologies Limited Daily Commodity Channel Index (CCI) ChartSterlite Technologies Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Sterlite Technologies Limited. The current cmo is -54.39029649.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Sterlite Technologies Limited Daily Chande Momentum Oscillator (CMO) ChartSterlite Technologies Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Sterlite Technologies Limited. The current willr is -97.17741935.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Sterlite Technologies Limited Daily Williams %R ChartSterlite Technologies Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Sterlite Technologies Limited.

Sterlite Technologies Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Sterlite Technologies Limited. The current atr is 5.33630627.

Sterlite Technologies Limited Daily Average True Range (ATR) ChartSterlite Technologies Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Sterlite Technologies Limited. The current obv is 119,555,218.

Sterlite Technologies Limited Daily On-Balance Volume (OBV) ChartSterlite Technologies Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Sterlite Technologies Limited. The current mfi is 23.00.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Sterlite Technologies Limited Daily Money Flow Index (MFI) ChartSterlite Technologies Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sterlite Technologies Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Sterlite Technologies Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sterlite Technologies Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.940
Ma 20Greater thanMa 50124.685
Ma 50Greater thanMa 100133.802
Ma 100Greater thanMa 200140.030
OpenGreater thanClose112.000
Total1/5 (20.0%)
Penke

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