ankit shah's Stock Idea
Ankit shah is Bullish on Sterlite Technologies Ltd.
Idea Submitted on 06Dec,2018
  • 5 Total Ideas
  • 2 Active Ideas
  • 3 Closed Ideas
  • 0 Friends
  • 0 Followers
  • Avg. Returns
     -2.74%
    Rank
    50
    Success Rate
      20%
     Hi, GuestPlease Login to View Clearly
      Buy Sterlite Technologie Idea
    Connect with top Investors, Financial Advisors and Stock Analysts
    Stockadda helps you make smarter and well informed investment decisions.
      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 299.8 (07Dec,18 03:05:pm)
     Time Frame
    3months
     Start Price
    316.6
     Target Price
    350
     Stop Loss
    300
     Projected Gain
    33.4 (10.55% Upside)
     Returns Achieved
    -16.8     -5.31%
     Analysis
    Investment Rationale Order book drives revenue visibility: Order book of Rs 94.6 bn (vs. Rs 60.3 bn at end of Q1FY19) drives revenue visibility. This includes order book related to exports (new deal wins in Europe) and Rs 35 bn contract for Indian Navy’s digital network. Capex related to 5G is expected to accelerate the demand further. We expect strong revenue growth to sustain, as SOTL is adding 20mn fkm/15mn fkm OF/OFC capacity. Increasing data demand improving SOTL’s demand visibility: Increasing data consumption continues to drive fiber demand and strong outlook for SOTL (being a data solutions company). Content-driven companies are also driving investment in network besides the telcos. Composition of network related capex is shifting from microwave led voice network to fiber led network.  We remain constructive on SOTL’s unique positioning in fiber ecosystem and see strong runway for growth given the size of opportunity ahead and strong order book.  We maintain a BUY with a target of Rs 350. Financial Summary Y/E Mar PAT (Rs Cr) EPS (Rs) P/E (x) RoE (%) RoCE (%) FY18 3,206 8.3 38.8 33.0 24.6 FY19E 4,274 11.3 28.7 35.1 24.0 FY20E 5,618 15.6 20.7 38.0 23.3
     C.M.P Sterlite Technologie
    284.6
    Sentimeter
    Buy Calls: 5 Sell Calls: 0
    0
    0
    Members Liking This Stock Idea (0)
    No Likes Yet
    Members Disiking This Stock Idea (0)
    No Dislikes Yet

    Disclaimer: The views and stock ideas expressed by members on stockadda.com are their own, and not that of the website or its management.
    The views and stock ideas are for informational purposes only and should not be construed to be recommendations to buy or sell any securities.
    Stockadda.com advises members to check & consult with certified experts before taking any investment decisions.

    Popular Investing Books

    Spencer B Meredith
    Michael Lewis
    Janet Lowe
    Christopher W. Mayer
    Benjamin Graham
    David Dreman

    Most Popular Authors

    Reduce your Brokerage by 100%!!

    Share This Idea

    
    Be a Smart & Well Informed Investor!
    Join Today its Free.
    Register or Login with just one Click using your Social Account