Stock Market

S&P BSE Telecom Index Trades One Percent Up; Sterlite Technology Share Price Drops Five Percent

In the latest Sterlite Technology share price update, the S&P BSE Telecom record was exchanging 1.41 percent up at 970.63 around 12:24 pm on October 26, 2018, with the greater part of its components exchanging the green.

Shares of Tata Teleservices (Maharashtra) (up 10.80 percent), GTPL Hathway (up 3.82 percent), Tata Communications (up 3.04 percent), Tejas Networks (up 1.25 percent), GTL (up 2.44 percent) and Reliance Communications (up 1.56 percent) were the best entertainers in the list.

Mahanagar Telephone Nigam (down 2.68 percent), Bharti Infratel (down 1.56 percent), Sterlite Technologies (down 1.46 percent) and Vindhya Telelinks (down 1.26 percent) were among the failures in the record.

Sterlite Technology share price (up 4.60 percent), Vindhya Telelinks (up 3.19 percent), Bharti Airtel (up 1.99 percent) and Himachal Futuristic Communications (up 1.53 percent) were the best gainers in the record.

For the quarter finished 30-09-2018, the organization has announced merged shares of Rs 1084.34 Crore, up 23.66 percent from last quarter Sales of Rs 876.89 Crore and up 39.15 percent from a year ago same quarter Sales of Rs 779.26 Crore. The Company has detailed net benefit after the expense of Rs 138.53 Crore in the most recent quarter.

Benchmark NSE Nifty50 record was down 0.90 at 10,124, while BSE Sensex was down 19.89 at 33,670.2 around then. Among the 50 stocks in the Nifty record, 25 were exchanging the green, while 24 were in the red.

As per the latest Sterlite Technology share price update, shares of JP Associates, Reliance Communications, Infibeam Avenues, Dewan Housing, Suzlon Energy, Adani Power, YES Bank, JP Associates, Reliance Communications, Equitas Holdings, Dewan Housing, Adani Power, Infibeam Avenues, Suzlon Energy, GMR Infra, Ujjivan Financial Services, BHEL, South Indian Bank, PNB, South Indian Bank, PC Jeweler, Adani Enterprises, Intellect Design Arena, PNB, Can Fin Homes, GMR Infra and Advanced Enzyme Technologies exchanged most shares on the National Stock Exchange, according to the report of The Economic Times.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
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