Sterlite Technologies down 2% on net loss

The company reported net loss for the quarter stands at Rs. 15.5 crore.The total income for Q2 is at Rs.1,139 crore.

Sterlite Technologies Ltd stock was down by 2% at Rs. 91. The company reported net loss for the quarter stands at Rs. 15.5 crore.The total income for Q2 is at Rs.1,139 crore.

The scrip opened at Rs. 93.5 and has touched a high and low of Rs. 93.5 and Rs. 90.9 respectively. So far 141597(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3677.74 crore.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 109.9 on 04-Aug-2015 and a 52 week low of Rs. 48.45 on 27-Mar-2015. Last one week high and low of the scrip stood at Rs. 101.85 and Rs. 92.6 respectively.

The promoters holding in the company stood at 54.77 % while Institutions and Non-Institutions held 15.05 % and 30.16 % respectively.

The stock is currently trading below its 100 DMA.