Sterlite Technologies Share Price Target 2025, 2026, 2027, 2028, 2029, 2030
Sterlite Technologies Ltd. is a leading provider in the telecommunications and technology sectors, specializing in optical fiber cables, network software, and digital connectivity solutions. As digital transformation and connectivity demands continue to rise globally, Sterlite Technologies is strategically positioned for growth.
This article gives a clear and detailed look at Sterlite Technologies’ expected share price targets from 2024 to 2030. It combines both technical and fundamental analysis to help you understand the company’s growth potential over the years.
Table of Contents
- 1 Basic Details of Sterlite Technologies
- 2 Fundamental details
- 3 Live Chart
- 4 Sterlite Technologies Share Price Target 2025-2030
- 5 Sterlite Technologies Share Price Target 2024
- 6 Sterlite Technologies Share Price Target 2025
- 7 Sterlite Technologies Share Price Target 2026
- 8 Sterlite Technologies Share Price Target 2027
- 9 Sterlite Technologies Share Price Target 2028
- 10 Sterlite Technologies Share Price Target 2029
- 11 Sterlite Technologies Share Price Target 2030
- 12 Technical Analysis of Sterlite Technologies
- 13 Quarterly Results of Sterlite Technologies
- 14 Conclusion
Basic Details of Sterlite Technologies
| Company Name | Sterlite Technologies Ltd. |
| Business Sector | Telecommunications and Technology |
| Stock Symbol | STLTECH |
| NSE Listing Status | Listed |
| BSE Listing Status | Listed |
| Official Website | https://stl.tech/ |
About Company’s Business
Sterlite Technologies Ltd. offers a range of telecommunication network products, including optical fiber cables, network software, and other data connectivity solutions. Serving telecom operators, internet providers, and industries globally, Sterlite Technologies is positioned to capitalize on the digital transformation. With its ongoing investments in R&D, the company is well-equipped to meet the increasing demand for advanced connectivity solutions.
Fundamental details
- 📊 Market Cap: ₹ 5,781 Cr.
- 💰 Current Price: ₹ 119
- 📈 52-Week High / Low: ₹ 163 / ₹ 110
- 🔍 Stock P/E: Not Available
- 📖 Book Value: ₹ 60.2
- 💵 Dividend Yield: 0.00%
- 🚀 Return on Capital Employed (ROCE): 4.80%
- 📉 Return on Equity (ROE): -3.52%
- 💲 Face Value: ₹ 2.00
Live Chart
| Year | Target Price |
|---|---|
| 2025 | 180 |
| 2026 | 200 |
| 2027 | 220 |
| 2028 | 250 |
| 2029 | 270 |
| 2030 | 300 |
Sterlite Technologies’ stock is anticipated to experience moderate growth due to increasing demand for digital infrastructure. In 2024, the share price is expected to be in the range of ₹110 to ₹150, depending on market trends and performance indicators.
| Year | Low Approx | High Approx |
|---|---|---|
| 2024 | 110 | 150 |
The digital and telecom sectors are expected to expand, and Sterlite Technologies could benefit from increased investments in telecom infrastructure. For the year 2025, the stock is likely to reach an approximate range between ₹120 and ₹180, given its strong fundamentals.
| Year | Low Approx | High Approx |
|---|---|---|
| 2025 | 120 | 180 |
Sterlite Technologies may see continued growth due to advancements in telecom technology and increased market share. The share price in 2026 is estimated to range from ₹130 to ₹200, reflecting the company’s strong market positioning and demand for its products.
| Year | Low Approx | High Approx |
|---|---|---|
| 2026 | 130 | 200 |
With expanding operations and continued innovation in network solutions, Sterlite Technologies is expected to maintain growth momentum. The projected share price for 2027 ranges from ₹140 to ₹220, driven by the company’s strategic market reach.
| Year | Low Approx | High Approx |
|---|---|---|
| 2027 | 140 | 220 |
The demand for connectivity solutions is expected to intensify, which could result in further appreciation of Sterlite Technologies’ stock. For 2028, the price target range is approximately ₹160 to ₹250, supported by robust business growth and innovative product offerings.
| Year | Low Approx | High Approx |
|---|---|---|
| 2028 | 160 | 250 |
High demand for data connectivity and telecom solutions could support Sterlite Technologies’ growth trajectory. The estimated price target for 2029 is between ₹170 and ₹270.
| Year | Low Approx | High Approx |
|---|---|---|
| 2029 | 170 | 270 |
Sterlite Technologies could achieve new heights if it continues to innovate and expand its market presence. The share price in 2030 is projected to be within the range of ₹180 to ₹300, reflecting the company’s potential for long-term growth.
| Year | Low Approx | High Approx |
|---|---|---|
| 2030 | 180 | 300 |
Technical Analysis of Sterlite Technologies
- 50-day EMA (Exponential Moving Average): Currently at 134.51, the 50-day EMA is below the stock price, indicating short-term bearish pressure.
- 200-day EMA: The 200-day EMA, at 160.98, also shows a long-term bearish trend, as the current price remains below this level. A movement above this level would signal potential bullish momentum.
Quarterly Results of Sterlite Technologies
Sterlite Technologies’ consistent revenue growth, stable profit margins, and declining debt-to-equity ratio are positive indicators for long-term investors. These fundamentals reflect the company’s capacity to deliver sustained growth and value.
| Q | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|
| Sales (₹ Cr) | 1,140 | 1,218 | 1,413 |
| Expenses (₹ Cr) | 1,087 | 1,134 | 1,268 |
| Operating Profit (₹ Cr) | 53 | 84 | 145 |
| OPM % | 5% | 7% | 10% |
| Interest (₹ Cr) | 88 | 71 | 84 |
| Net Profit (₹ Cr) | -82 | -48 | -14 |
| EPS (₹) | -2.05 | -0.98 | -0.29 |
Conclusion
Sterlite Technologies Ltd. appears to have good growth potential over the next few years, thanks to rising demand for digital networks and improvements in telecom infrastructure. Based on our analysis, the stock price could steadily increase from 2024 to 2030, potentially reaching between ₹180 and ₹300 by the end of the decade.
For investors interested in the telecom sector, Sterlite Technologies could be a solid option for long-term investment, especially as the company continues to expand and introduce new products. However, as with any investment, it’s essential to keep an eye on industry trends and the company’s performance to make smart investment choices.
