Table of Contents
NSE: STLTECH
Production of communication cables is a commercial activity for nse: stltech (Sterlite Technologies Ltd). Copper Telecom Cables, Fibre Optic Cables, Power Transmission Conductors, Aluminium & Alloy Rods, Structured Data Cables, Customer Premise Equipment, and Cable Accessories are now part of the company’s product line. Their goods are used in various industries, including telecom, defense, oil & gas, transportation, electricity, and broadband. Additionally, the company is involved in the solutions and power production industries.
History
Saul, Edward, and Earl Tupper, the creator of Tupperware, partnered to establish nse: stltech in 1939 in Fitchburg, Massachusetts. During World War II, the company started supplying plastic goods to the military. Later, the business increased the production of toys, giftware, storage tools, and other plastic goods.
In 1968, the business moved to Townsend, Massachusetts, by the middle of the 1970s. It was among the most prominent American independent producers of private domestic plastic goods. Since then, the company has established production facilities in Davenport, Iowa. Lake Havasu City, Arizona. Massillon, South Carolina, and Birmingham, Alabama.
The most significant contribution in Townsend’s history, a new public library, and senior center, was given by Sterilite in 2009.
About the Company
A leading optical and digital solutions company.
A pioneer in optical and digital solutions, STL offers cutting-edge solutions for constructing 5G, rural, FTTx, enterprise, and data center networks. The company creates and manufactures across four continents for customers in more than 100 nations, motivated by its mission of “Transforming Billions of Lives by Connecting the World.” To develop ubiquitous and future-ready digital networks, telecom operators, cloud providers, citizen networks, and large organizations trust and rely on STL’s cutting-edge capabilities in optical connectivity, global services, and digital and technology solutions. The cornerstones of STL’s business objectives are customer-centricity, R&D, and sustainability. The company supports environmentally friendly manufacturing and has committed to net zero emissions by 2030. Top talent from more than 30 countries makes STL a “Great Place to Work,” It has also been chosen as the “Best Organisation for Women” by its employees.
India, Italy, the UK, the US, China, and Brazil are all major international markets for STL.
KALYAN STAR LINE RESULT
2023-04-19
| Final | Time | Result |
| 6 | 10:00:00 | 479-0 |
| 3 | 11:00:00 | 245-1 |
| 8 | 12:00:00 | 234-9 |
| 4 | 01:00:00 | 340-7 |
| 5 | 02:00:00 | 569-0 |
| 0 | 03:00:00 | 788-3 |
| 1 | 04:00:00 | 480-2 |
| 8 | 05:00:00 | 490-3 |
| 9 | 06:00:00 | 789-4 |
| 2 | 07:00:00 | 690-5 |
| 3 | 08:00:00 | 238-3 |
| 6 | 09:00:00 | 140-5 |
Sterlite Technologies Share Price
Overview
| Open | 159.15 |
| Previous Close | 159.10 |
| Volume | 322,721 |
| Value (Lacs) | 509.90 |
| i VWAP | 159.25 |
| Beta | 1.24 |
| High | 162.30 |
| Low | 157.60 |
| UC Limit | 190.90 |
| LC Limit | 127.30 |
| 52 Week High | 242.80 |
| 52 Week Low | 128.60 |
| TTM EPSSee historical trend | 1.29(-75.46% YoY) |
| TTM PESee historical trend | 122.48(High PE) |
| P/BSee historical trend | 3.09(Low P/B) |
| Face Value | 2 |
| Mkt Cap (Rs. Cr.) | 6,297 |
| Dividend Yield | 0.32 |
| 20D Avg Volume | 523,006 |
| 20D Avg Delivery(%) | 45.64 |
| Sector PE | 78.07 |
| Book Value Per Share | 51.25 |
Price Performance
| 1 Week | -0.88% | |
| 1 Month | -0.72% | |
| 3 Months | -13.45% | |
| YTD | -10.10% | |
| 1 Year | -22.07% | |
| 3 Years | 86.43% |
| Quarterly | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Trend Dec 21 – Dec 22 |
| Sales | 1,882 | 1,768 | 1,575 | 1,581 | 1,355 | 02… |
| Other Income | 9 | 29 | 5 | 31 | 15 | 040 |
| Total Income | 1,891 | 1,797 | 1,580 | 1,613 | 1,370 | 02… |
| Total Expenditure | 1,718 | 1,677 | 1,543 | 1,582 | 1,496 | 02… |
| EBIT | 146 | 120 | 37 | 35 | -122 | -…160 |
| Interest | 78 | 78 | 69 | 68 | 66 | 0100 |
| Tax | 23 | 4 | -8 | -11 | -48 | -9030 |
| Net Profit | 45 | 38 | -24 | -22 | -140 | -…60 |
| Half Yearly | Sep 2022 | Mar 2022 | Sep 2021 | Mar 2021 | Sep 2020 | Trend Sep 20 – Sep 22 |
| Sales | 3,343 | 2,937 | 2,816 | 2,789 | 2,035 | 04k |
| Other Income | 33 | 46 | 12 | 24 | 18 | 060 |
| Total Income | 3,376 | 2,984 | 2,829 | 2,813 | 2,054 | 04k |
| Total Expenditure | 3,219 | 3,078 | 2,450 | 2,432 | 1,867 | 04k |
| EBIT | 157 | -86 | 385 | 379 | 184 | -…450 |
| Interest | 146 | 135 | 106 | 103 | 99 | 0160 |
| Tax | -4 | -59 | 74 | 83 | 27 | -…100 |
| Net Profit | 15 | -162 | 204 | 193 | 57 | -…240 |
| Equities & Liabilities | Mar 2022 | Mar 2021 | In Mar 2020 | Mar 2019 | Mar 2018 | Trend Mar 18 – Mar 22 |
| Share Capital | 79 | 79 | 80 | 81 | 80 | 0100 |
| Reserves & Surplus | 1,851 | 1,884 | 1,812 | 1,609 | 1,095 | 02… |
| Current Liabilities | 4,890 | 4,470 | 3,978 | 4,140 | 1,703 | 06k |
| Other Liabilities | 1,922 | 1,638 | 1,337 | 1,182 | 832 | 02… |
| Total Liabilities | 8,744 | 8,072 | 7,209 | 7,012 | 3,711 | 010k |
PEERS
| Company Name | Price | % Chg | MCap(Cr) | TTM PE | P/B | ROE(%) | 1 Yr Perform(%) | Net Profit(Rs.) | Net Sales(Rs.) | Debt to Equity |
| Sterlite Techno | 158.00 | -0.69 | 6,297.57 | 122.48 | 3.08 | 3.16 | -22.07 | 28 | 5,754 | 1.69 |
| Polycab | 3,138.85 | 1.39 | 47,005.11 | 40.27 | 8.43 | 16.39 | 20.53 | 847 | 12,203 | 0.01 |
| KEI Industries | 1,751.55 | -1.58 | 15,797.66 | 34.70 | 7.39 | 17.60 | 45.78 | 375 | 5,726 | 0.16 |
| Finolex Cables | 866.20 | 1.33 | 13,247.61 | 23.92 | 3.38 | 15.27 | 111.73 | 272 | 3,768 | 0.00 |
| Universal Cable | 395.05 | -0.04 | 1,370.64 | 12.67 | 1.06 | 5.78 | 143.63 | 16 | 1,813 | 0.54 |
About Polycab India Limites
Under the “POLYCAB” trademark, Polycab produces and marketing wires, cables, and fast-moving electrical goods (FMEG). We produce and market FMEG goods such as electric fans, LED lighting and luminaires, switches and switchgear, solar products, conduits & accessories, and wires and cables.
Our promoters have a combined expertise of more than four decades. ‘Polycab Wires Private Limited’ was the name under which our company was registered on January 10, 1996, in Mumbai by way of a private limited company following the Companies Act of 1956
Power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi-core cables, communication cables, and others like welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables, and green wires are among our main products in the wires and cables segment. We produce and market a wide range of cables and wires. The planning, development, procurement, implementation, and commissioning of power distribution and rural electrification projects are all part of the “EPC” industry, which we entered in 2009. Conduits, accessories, switchgear, and switches are some of our most crucial FMEG products. We diversified into the FMEG sector in 2014.
To improve people’s lives in terms of digital infrastructure and accessibility, our Telecom Division manufactures OFCs, FRP/ARP Rods, IGFR Yarns, and various end-to-end passive networking solutions.
POLYCAB’S HISTORY
‘Sind Electric Stores’ was founded in 1964 by the late Thakurdas Jaisinghani and sold various electrical goods, including switches, wires, fans, and lighting. The late Thakurdas Jaisinghani’s sons Girdhari T Jaisinghani, Inder T. Jaisinghani, Ajay T Jaisinghani, and Ramesh T. Jaisinghani then took over management of the family firm in 1968. Under the Indian Partnership Act of 1932, the family established a partnership business named “Thakur Industries.”
To build a facility to produce cables and wires, the partners of “Thakur Industries” subsequently entered into a leasing arrangement with MIDC in 1975 about a plot of land in Andheri, Mumbai. This factory remained in operation until 1984.
In 1983, the Directorate of Industries, Government of Gujarat, registered “Polycab Industries,” a partnership company founded by Girdhari T Jaisinghani, Inder T Jaisinghani, Ajay T Jaisinghani, and Ramesh T Jaisinghani, as a small-scale industrial unit with a factory located at Halol for the manufacturing/processing activity of “PVC insulated wires and cables, copper and aluminum, and bare copper wire.”
POLYCAB’S ACT of 1956
‘Polycab Wires Private Limited’ was the name under which the Company was established in Mumbai in 1996 as a private limited company following the Companies Act of 1956.
‘Polycab Industries’ was afterward changed to ‘Polycab Industries Private Limited’ under the Companies Act 1956 in 1998. The Company and Polycab Industries Private Limited then merged in 2011.
According to Section 43A(1) of the Companies Act of 1956. The Company was judged to be a public limited company in 2000 and as of June 30th, 2000. The word “private” was removed from the Company’s name.
From June 15, 2001, the word “private” was added to the Company’s name. After that, the Company was transformed into a private limited company following section 43A(2A) of the Companies Act, 1956.What is STL fiber optic?
Network engineering and operations teams globally select STL’s fiber optic solutions because of their portfolio’s ability to reduce space needs and simplify installation. STL has tied the globe and its inhabitants together with the most incredible optical fiber solutions since 1995.Overview
STL is an industry-leading integrator of digital networks.
For our clients, we create and integrate these digital networks. We are the industry’s top end-to-end solutions supplier for global digital networks with critical competencies in optical interconnect, virtualized access solutions, network software, and system integration. We collaborate with major corporations, cloud service providers, citizen networks, and international telecommunications firms to provide solutions for fixed and wireless networks that will meet both present and future demands.
Specialties
Sterlite Tech designs, implement and operates more innovative networks to meet future needs for high-speed data transmission. Providing more intelligent networks, unified optical communication product offerings, system integration services, and telecom software to transform daily life Products for optical communication include fiber optic cable, data cable, 4G, 5G, and FTTx networks. Network and system integrations are part of integrated telecom services. Integrated Revenue, Customer Management, and Other Telecom Software India’s leading provider of bright city ideas, implementation, and management Bharat Net’s capacity to deliver broadband to rural areas of India and Silicon Valley’s software capability.
Chart Starline: Feel like you’re there, together
People enjoy getting together to interact, share, and work together. Being together has never felt more crucial than it does now, given the limited travel and increased remote work over the previous year.
We have created items over the years to foster a sense of community among consumers. With Gmail, we’ve made email simpler. Google Photos has made it simpler to share what is essential, and Google Meet has made it easier to be more productive. While improvements in these and other communication tools have been made, they are still far from sitting down and having a face-to-face conversation.
It struck us as a significant and unresolved issue. We questioned whether it was possible to simulate being with someone through technology as if they were physically present.
We’ve been working on Starline, a technology initiative combining hardware and software advancements, to address this problem. It enables friends, families, and employees to feel connected even when they are located in different cities (or nations).
Imagine peering through a mysterious window and seeing a life-size, three-dimensional image of another person. You have natural speech patterns, eye contact, and gestures.
Utilizations
We are utilizing studies in real-time compression, spatial audio, machine learning, and computer vision to make this experience possible. We’ve also created a ground-breaking light field display technology that gives users a sense of depth and volume without using extra goggles or headsets.
The result is the impression that someone is seated just across from you.
One of our greatest strengths is that once you sit down and begin conversing, the technology disappears into the background, allowing you to concentrate on what matters most: the person in front of you.
Only a few of our locations presently offer Project Starline, supported by specialized gear explicitly created for it. We think that this is the direction that technology for person-to-person communication should and should take. Over time, we want to lower the cost and increase the accessibility of this technology. Including incorporating some of these developments into our line of communication devices.
To begin that trip, we tested Project Starline for thousands of hours at Google, connecting coworkers between the Bay Area, New York, and Seattle. To gain early input on the technology and its uses, we have also been doing demos with a small group of enterprise partners in industries including media and healthcare. Later this year, we’re contemplating trial deployments with business partners.
With Project Starline, we’re making great strides, and the technology has the potential to address a significant issue—the desire to be with someone even when it’s physically impossible. Later this year, we want to share more with you.