Sterlite Technologies Ltd Falls 1.73%
Sterlite Technologies Ltd lost 1.73% today to trade at Rs 124.65. The BSE Telecommunication index is down 0.45% to quote at 2917.95. The index is down 7.49 % over last one month. Among the other constituents of the index, Tejas Networks Ltd decreased 1.55% and Mahanagar Telephone Nigam Ltd lost 1.46% on the day. The BSE Telecommunication index went down 9.61 % over last one year compared to the 0.9% fall in benchmark SENSEX.
Sterlite Technologies Ltd has added 15.9% over last one month compared to 7.49% fall in BSE Telecommunication index and 4.09% drop in the SENSEX. On the BSE, 12949 shares were traded in the counter so far compared with average daily volumes of 7.34 lakh shares in the past one month. The stock hit a record high of Rs 128.3 on 28 Jul 2025. The stock hit a 52-week low of Rs 50.7 on 07 Apr 2025.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
9 minutes ago
- Economic Times
Paytm shares in focus as Antfin plans 5.4% equity stake sale via block deal
Shares of One 97 Communications (Paytm) will be in focus on Tuesday, August 5, as Antfin (Netherlands) Holding B.V. plans to sell 5.4% of its stake in the company through a block deal on Indian stock exchanges. ADVERTISEMENT According to the term sheet, the transaction is valued at Rs 3,803.3 crore (approximately USD 434 million) at the offer floor price. The offer floor price has been set at Rs 1,020 per share, representing a 5.4% discount to Paytm's closing price of Rs 1,078.20 on the National Stock Exchange (NSE) as of August 4. The sale involves up to 3.7 million shares, accounting for 5.84% of the company's total outstanding proposed sale will be executed as a bulk sale via one or more share sales on the screen-based trading platform of Indian stock exchanges. The entire offering is secondary in nature, implying that the company will not receive any proceeds from the deal is being managed by Citigroup Global Markets India and Goldman Sachs (India) Securities, who are acting as the placement agents for the transaction. ADVERTISEMENT Books Open: Around 7:00 AM IST on August 5, with the option to close earlier. Around 7:00 AM IST on August 5, with the option to close earlier. Expected Trade Date: August 5, 2025 (T) August 5, 2025 (T) Expected Settlement Date: August 6, 2025 (T+1) August 6, 2025 (T+1) Lock -up: Not applicable; classified as a clean-up trade Not applicable; classified as a clean-up trade Brokerage & Charges: Buyer to bear 25 basis points, with additional market charges as applicable Buyer to bear 25 basis points, with additional market charges as applicable USD/INR Reference Rate: 87.6525 (Bloomberg rate as of August 4, 2025, 4:00 PM IST) According to the term sheet, no official pricing guidance will be provided until the shares are crossed on the exchanges on August 5. ADVERTISEMENT On Monday, the shares of Paytm closed flat at Rs 1,078.30 on the BSE. Also read: Tata Investment announces first-ever stock split in 1:10 ratio; check details on record date (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
9 minutes ago
- Mint
Laxmi India Finance IPO listing date today. GMP signals muted debut of shares on Dalal Street
Laxmi India Finance IPO Listing: The equity shares of Laxmi India Finance Ltd will make their debut on Dalal Street today. Laxmi India Finance IPO listing date is today, 5 August 2025. The public issue of the non-banking financial company (NBFC) was open from July 29 to July 31, and the IPO allotment was fixed on August 1. Laxmi India Finance IPO listing date is today, August 5. Laxmi India Finance shares will be listed on both the stock exchanges, BSE and NSE. 'Trading Members of the Exchange are hereby informed that effective from Tuesday, August 5, 2025, the equity shares of Laxmi India Finance Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said. Laxmi India Finance shares will be a part of Special Pre-open Session (SPOS) on Tuesday, August 5, 2025, it added, and the stock will be available for trading from 10:00 AM. Ahead of the Laxmi India Finance IPO listing today, market participants watch out for the trends in the grey market premium (GMP) in order to gauge the estimated listing price of the stock. Laxmi India Finance IPO GMP today and experts signal a muted debut of shares in the stock market today. The trends for Laxmi India Finance shares in the unlisted market remains muted. Laxmi India Finance IPO GMP today is ₹ 4.5 per share, market observers said. This means that in the grey market, Laxmi India Finance shares are trading higher by ₹ 4.5 apiece than their issue price. Laxmi India Finance IPO GMP today indicates that the estimated listing price of Laxmi India Finance shares would be ₹ 162.5 apiece, which is at a 2.85% premium to the IPO price of ₹ 158 per share. The ₹ 254.26-crore worth Laxmi India Finance IPO comprised a combination of fresh issue of 1.05 crore equity shares worth ₹ 165.17 crore and offer-for-sale (OFS) of 56.38 lakh equity shares aggregating to ₹ 89.09 crore. Laxmi India Finance IPO was subscribed by 1.87 times, NSE data showed. The retail investors segment was booked 2.22 times and the Non Institutional Investors (NII) category was subscribed 1.84 times, while the Qualified Institutional Buyers (QIBs) category received 1.30 times subscription. PL Capital Markets is the book-running lead manager, while MUFG Intime India (Link Intime) is the Aditya Infotech IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
9 minutes ago
- Mint
Q1 results today: Concor, Airtel, Britannia, Lupin, Castrol India, Adani Ports, Eveready earnings on August 5
Q1 results today, on August 5: Concor, Airtel, Britannia, Lupin, Castrol India, Adani Ports and Eveready Industries are among at least 147 companies scheduled to release their earnings report on Tuesday, August 5. Overall, over 900 firms are listed to announce their Q1FY26 results during the week of August 4-9. These include big names such as Aurobindo Pharma, Adani Ports, Bharti Airtel, Ramco, Britannia, Titan, and LIC among others. Investors are keenly watching these for corporate announcements, forward looking statements, revenue outlooks, and share prices, to make calculated investment decisions. At least 147 companies are set to release their Q1 earnings on Tuesday, August 5. These include many public sector (PSU) heavyweights such as Concor, NCC and private marquee companies such as Lupin, Britannia, Airtel, Castrol, Exide, Eveready, Berger Paints and Adani Ports. Firms releasing their earnings today include, Bharti Airtel, Britannia Industries, Adani Ports and Special Economic Zone, Lupin, Bharti Hexacom, Berger Paints India, Prestige Estates Projects, Container Corporation of India, Torrent Power, Gujarat Fluorochemicals, Exide Industries, Gland Pharma, Eris Lifesciences, Gujarat Gas, EIH, Castrol India, Eris Lifesciences, Jindal Saw, NCC, Tega Industries, Godawari Power & Ispat, Transrail Lighting, Zinka Logistics Solutions, Keystone Realtors, Ellenbarrie Industrial Gases, Raymond Realty, and Eveready Industries India, among others. The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note today amid US President Donald Trump's higher tariffs threat, despite upbeat global market cues. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,757 level, a discount of nearly 37 points from the Nifty futures' previous close. On Monday, the domestic equity market ended higher, with the Nifty 50 closing above 24,700 level. The Sensex rallied 418.81 points, or 0.52 per cent, to close at 81,018.72, while the Nifty 50 settled 157.40 points, or 0.64 per cent, higher at 24,722.75. According to Shrikant Chouhan, Head Equity Research at Kotak Securities, the market in the short term is 'weak, but oversold', adding that 'a sharp technical bounce back is not ruled out from the current levels. For day traders, 80,600 and 80,500 would act as key support zones for Sensex, while 81,500 - 81,800 could be the key resistance areas for the bulls.' He however felt that below 80,500, 'the sentiment could change, and traders may prefer to exit their long positions'. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
