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Sterlite Technologies Limited (formerly Sterlite Tech) [7] is an Indian optical and digital technology company, headquartered in Pune. It is listed on Bombay Stock Exchange and National Stock Exchange of India. It has 636 [8] patents and is active in over 150 countries.
In 2001, Sterlite industries, BPL and Videocon were found guilty by the Securities Exchange Board of India of having colluded with the broker Harshad Mehta and 17 brokers (10 from BSE and 7 from NSE) in a bid to corner shares and rig shares prices. This resulted in a ban on Sterlite from accessing capital markets for 2 years. [59]
In 2003, Vedanta Resources (UK) was listed on the London Stock Exchange in the second largest floatation of the year in LSE. Vedanta Resources is a holding company that owns many entities including a large proportion of Vedanta Limited and Sterlite industries. [20] Vedanta Sterlite Copper Public Relations:
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The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
Medtronic's stock price seems quite reasonable at recent levels, too, with its forward P/E of 14.7 well below the five-year average of 17.6. 3. Realty Income.
Sterlite Industries (India): Sterlite is registered office headquartered in Tuticorin, Tamil Nadu, India.Sterlite has been a public listed company in India since 1988, and its equity shares are listed and traded on the NSE and the BSE, and are also listed and traded on the NYSE in the form of ADSs.
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