Sterlite Technologies reported a profit of Rs 79 crore for the stock, up 7.9 times over Rs 10 crore in the year-ago quarter. But for Nuvama Institutional Equities, Sterlite Technologies Q4 results were lower-than-expected.
Adani Enterprises share price: The counter's 14-day relative strength index (RSI) came at 37.79. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-equity (P/E) ratio of 139.47.
Sterlite Tech posted a revenue of Rs 1,360 crore in the third quarter ended December 31, 2021, down from Rs 1,580 crore clocked in the previous quarter (Q2FY22).
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