Sterlite Technologies posting 77.54% surge in net profit to Rs 34.3 crore on 40.49% growth in total income to Rs 545.07 crore in Q4 March 2008 over Q4 March 2007.
The stock hit a high of Rs 220.70 and a low of Rs 211.50 so far during the day. The stock had a 52-week high of Rs 381.40 on
The company’s current equity is Rs 38.83 crore. Face value per share is Rs 2.
The current price of Rs 217.30 discounts its Q3 December 2007 annualised EPS of Rs 16.38, by a PE multiple of 13.27.
Sterlite Technologies’ net profit rose 98.03% to Rs 100.72 crore on 40.44% growth in total income to Rs 1689.90 crore in the year ended March 2008 (FY 2008) over the year ended March 2007 (FY 2007).
In February 2008, Sterlite Technologies bagged an order worth $17.5 million from Ethiopian Electric Power Corporation,
In January 2008, the company received a contract worth Rs 140 crore from Rajasthan Rajya Vidyut Prasaran Nigam,
Sterlite Technologies is engaged in manufacturing and marketing optical networking products including optical fibre and optical fibre cables. The optical fiber cable plants produce standard and customized cables.
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