{"id":333189,"date":"2026-10-30T11:21:00","date_gmt":"2026-10-30T05:51:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333189"},"modified":"2026-10-30T11:21:00","modified_gmt":"2026-10-30T05:51:00","slug":"sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/","title":{"rendered":"Sterlite Technologies Share Price Hits 5% Lower Circuit After Q2 Rally: What the Record Order Book, Profit Jump and Valuation Say"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The Sterlite Technologies share price hit the 5% lower circuit at Rs 824.50 on 30 Oct 2026, down Rs 43.35 from Rs 867.85, extending a three-day fall of about 9.5% after a sharp October rally and a record Q2 FY27 profit.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Sterlite Technologies share price locked at the 5% lower circuit of Rs 824.50 on 30 October 2026, with the stock opening at the circuit level and sellers queued without buyers. The three-day fall is about 9.5% from Rs 910.90 on 27 October, yet the company reported a record Q2 FY27 net profit of Rs 517 crore and a record order book of Rs 35,274 crore a week earlier. No company-specific trigger for today&#8217;s fall has been reported. This article is educational and does not recommend any stock.<\/p>\n<\/p><\/div>\n<p>A circuit hit after a record quarter looks puzzling, and it is the reason this move draws attention. The Sterlite Technologies share price rose from about Rs 728 at the end of August to a high of Rs 1,051.10 on 6 October, then fell back. This article sets out the results, the price path, the valuation and what is and is not known about today&#8217;s fall.<\/p>\n<p>Two flags. First, no news item or filing that explains the circuit was found, so any reason offered is an inference. Second, reports differ on the Q2 profit growth rate, quoting 12,825% in one place and 12,817% in another, and on revenue, quoting total income of Rs 2,563 crore against revenue of Rs 2,529 crore. Check the exchange filing for the exact lines.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Sterlite_Technologies_Share_Price_Today_The_Lower_Circuit\" title=\"Sterlite Technologies Share Price Today: The Lower Circuit\">Sterlite Technologies Share Price Today: The Lower Circuit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Why_Did_the_Sterlite_Technologies_Share_Price_Fall_What_Is_Known\" title=\"Why Did the Sterlite Technologies Share Price Fall? What Is Known\">Why Did the Sterlite Technologies Share Price Fall? What Is Known<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Sterlite_Technologies_Share_Price_and_the_Q2_FY27_Results\" title=\"Sterlite Technologies Share Price and the Q2 FY27 Results\">Sterlite Technologies Share Price and the Q2 FY27 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Price_Path_How_the_Sterlite_Technologies_Share_Price_Got_Here\" title=\"Price Path: How the Sterlite Technologies Share Price Got Here\">Price Path: How the Sterlite Technologies Share Price Got Here<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Valuation_of_the_Sterlite_Technologies_Share_Price\" title=\"Valuation of the Sterlite Technologies Share Price\">Valuation of the Sterlite Technologies Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#What_to_Watch_Next_on_the_Sterlite_Technologies_Share_Price\" title=\"What to Watch Next on the Sterlite Technologies Share Price\">What to Watch Next on the Sterlite Technologies Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Risks_for_the_Sterlite_Technologies_Share_Price\" title=\"Risks for the Sterlite Technologies Share Price\">Risks for the Sterlite Technologies Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Conclusion_Read_the_Sterlite_Technologies_Share_Price_Move_Carefully\" title=\"Conclusion: Read the Sterlite Technologies Share Price Move Carefully\">Conclusion: Read the Sterlite Technologies Share Price Move Carefully<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Why_did_the_Sterlite_Technologies_share_price_hit_the_lower_circuit_today\" title=\"Why did the Sterlite Technologies share price hit the lower circuit today?\">Why did the Sterlite Technologies share price hit the lower circuit today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#What_were_Sterlite_Technologies_Q2_FY27_results\" title=\"What were Sterlite Technologies&#8217; Q2 FY27 results?\">What were Sterlite Technologies&#8217; Q2 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Does_the_Q2_profit_include_a_one-time_item\" title=\"Does the Q2 profit include a one-time item?\">Does the Q2 profit include a one-time item?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#How_far_has_the_Sterlite_Technologies_share_price_fallen\" title=\"How far has the Sterlite Technologies share price fallen?\">How far has the Sterlite Technologies share price fallen?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Is_the_Sterlite_Technologies_share_price_expensive\" title=\"Is the Sterlite Technologies share price expensive?\">Is the Sterlite Technologies share price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#What_does_falling_delivery_volume_mean_for_the_Sterlite_Technologies_share_price\" title=\"What does falling delivery volume mean for the Sterlite Technologies share price?\">What does falling delivery volume mean for the Sterlite Technologies share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Should_I_buy_the_Sterlite_Technologies_share_price_on_this_dip\" title=\"Should I buy the Sterlite Technologies share price on this dip?\">Should I buy the Sterlite Technologies share price on this dip?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/sterlite-technologies-share-price-hits-5-percent-lower-circuit-after-q2-rally-what-the-record-order-book-and-valuation-say\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Sterlite_Technologies_Share_Price_Today_The_Lower_Circuit\"><\/span><strong>Sterlite Technologies Share Price Today: The Lower Circuit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sterlite Technologies share price: item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail on 30 Oct 2026<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price at circuit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 824.50, down 5.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close (29 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 867.85<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open, low and circuit price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">All at Rs 824.50 on one data feed<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Three-day decline<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 9.49%, from Rs 910.90 on 27 Oct<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Volume<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 7.74 lakh shares, turnover about Rs 63.93 crore (a later reading shows about 8.5 lakh)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Delivery volume<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 59.62% against the five-day average, to about 83,400 shares<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 42,384 crore at the circuit price<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Moving averages<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Below the 5-day and 20-day averages; above the 50, 100 and 200-day averages<\/td>\n<\/tr>\n<\/table>\n<p>The Sterlite Technologies share price also trailed its sector. One data provider says the stock underperformed its telecom equipment group by 2.92% while the cable segment fell 2.19%. Falling delivery volume suggests that much of the selling came from short-term traders and not from long-term holders exiting, though delivery data alone cannot prove intent.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track mid-cap stocks and screeners on Univest<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_the_Sterlite_Technologies_Share_Price_Fall_What_Is_Known\"><\/span><strong>Why Did the Sterlite Technologies Share Price Fall? What Is Known<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No exchange filing, rating action or news item on 30 October explains the circuit. The usual explanations are profit booking after a rally, a weak market and sector pressure. The Sterlite Technologies share price rose about 13% over two months and as much as 58% from its September low to its October high, so a pullback after such a run is common.<\/p>\n<p>The wider market gives some context. Asian markets fell sharply that morning, with the Kospi down about 5% and the Nikkei down about 2% to 3%, after Nasdaq weakness tied to AI spending worries. Brent crude was also near $113 to $117 a barrel. None of this is a confirmed cause for the Sterlite Technologies share price move, so it is listed as background only.<\/p>\n<p>A lower circuit means the exchange band for the day was reached. The Sterlite Technologies share price has a 5% daily band, so a stock that opens at the floor and stays there shows that sell orders exceeded buy orders from the first trade. Such days can extend, but they can also reverse quickly once buyers return, so a single session says little about the longer trend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sterlite_Technologies_Share_Price_and_the_Q2_FY27_Results\"><\/span><strong>Sterlite Technologies Share Price and the Q2 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sterlite Technologies share price: Q2 FY27 metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reported figure<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Results date<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 October 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,563 crore, up 145% from Rs 1,046 crore and up 33.4% from Rs 1,922 crore in Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 846 crore, up about 500%, including a one-time net gain of Rs 161 crore from a US tariff refund<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 517 crore, from Rs 4 crore a year ago and Rs 197 crore in Q1<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Order book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Record Rs 35,274 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Balance sheet<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported as debt-free in one report<\/td>\n<\/tr>\n<\/table>\n<p>The Q2 FY27 results were strong by any measure, yet the profit includes a one-time item. Rs 161 crore of the Rs 846 crore EBITDA came from a US tariff refund, which will not repeat, so the underlying EBITDA is closer to Rs 685 crore. That distinction matters, because a stock priced for recurring growth can fall when investors adjust for one-offs.<\/p>\n<p>Sterlite Technologies makes optical fibre and cables, so its order flow depends on network and data centre build-outs by telecom and technology clients. A headline on the results slides said the AI boom drove record revenue and margins, and another said brokerages saw up to 45% upside, but the underlying targets were not available to me, so treat that figure as unverified. The Sterlite Technologies share price rose about 14% from the 22 October close of Rs 800.85 to Rs 910.90 on 27 October, and then gave back the gain.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get stock updates and screeners in one place.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Price_Path_How_the_Sterlite_Technologies_Share_Price_Got_Here\"><\/span><strong>Price Path: How the Sterlite Technologies Share Price Got Here<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sterlite Technologies share price: date<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Level<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comment<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">31 Aug 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close Rs 728.45<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Start of the two-month window<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2 Sept 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Low Rs 665.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Period low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">6 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">High Rs 1,051.10<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Period high<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">22 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close Rs 800.85<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Day before results<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">23 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close Rs 826.65<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Results day; range Rs 760.85 to Rs 840<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">27 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close Rs 910.90<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rebound after results<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">29 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Close Rs 867.85<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fall began<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">30 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 824.50<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lower circuit<\/td>\n<\/tr>\n<\/table>\n<p>From the 6 October high of Rs 1,051.10 to Rs 824.50, the Sterlite Technologies share price has lost about 21.6%. The stock is still about 13% above its 31 August close, so the longer trend has not broken. The fall came in sharp steps, and the data shows large swings in both directions even before today.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_of_the_Sterlite_Technologies_Share_Price\"><\/span><strong>Valuation of the Sterlite Technologies Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sterlite Technologies share price: valuation metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Sterlite Technologies<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Reference<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">59.22<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Industry P\/E 38.66<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price-to-book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">9.86<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book value Rs 88.37<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Earnings per share (TTM)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 14.71<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Includes the strong Q2 quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">16.64%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Healthy<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.22<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.00%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">No dividend<\/td>\n<\/tr>\n<\/table>\n<p>A price to earnings of 59 against an industry figure of 39 means the stock carries a premium. The trailing figure also includes the one-time tariff refund, so the multiple on recurring earnings is higher than it looks. That premium explains why the Sterlite Technologies share price can fall hard on a weak market day even after a record quarter.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_on_the_Sterlite_Technologies_Share_Price\"><\/span><strong>What to Watch Next on the Sterlite Technologies Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>Circuit follow-through.<\/strong> Check whether the stock opens lower again or finds buyers near Rs 800.<\/li>\n<li><strong>Delivery volume.<\/strong> A rise in delivery share would show genuine holder activity.<\/li>\n<li><strong>Order book conversion.<\/strong> The record Rs 35,274 crore order book must turn into revenue.<\/li>\n<li><strong>Underlying EBITDA.<\/strong> Look at the margin excluding the tariff refund in Q3.<\/li>\n<li><strong>Rs 800 and Rs 760 zones.<\/strong> The 23 October low of Rs 760.85 is a visible level.<\/li>\n<li><strong>Exchange announcements.<\/strong> Any filing could explain today&#8217;s move.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Risks_for_the_Sterlite_Technologies_Share_Price\"><\/span><strong>Risks for the Sterlite Technologies Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li><strong>One-off profit.<\/strong> A tariff refund flatters the quarter and will not recur.<\/li>\n<li><strong>Premium valuation.<\/strong> A price to earnings near 59 leaves little cushion.<\/li>\n<li><strong>Volatility.<\/strong> Large daily swings and circuit hits raise the risk for short-term holders.<\/li>\n<li><strong>Unexplained fall.<\/strong> With no stated trigger, a further fall cannot be ruled out.<\/li>\n<li><strong>Demand cycle.<\/strong> Order flow can change with client spending cycles.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion_Read_the_Sterlite_Technologies_Share_Price_Move_Carefully\"><\/span><strong>Conclusion: Read the Sterlite Technologies Share Price Move Carefully<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Sterlite Technologies share price hit the 5% lower circuit after a record quarter and a sharp rally, and no specific trigger has been reported. The order book and profit growth are strong, but one-time gains and a premium valuation raise the risk. Check exchange filings and invest in line with your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Sterlite_Technologies_share_price_hit_the_lower_circuit_today\"><\/span><strong>Why did the Sterlite Technologies share price hit the lower circuit today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No company-specific trigger has been reported. The stock fell 5% to Rs 824.50 on 30 October 2026 with sellers queued, after a rally from about Rs 728 at the end of August to Rs 1,051.10 on 6 October. Profit booking and weak markets are possible factors, but they are not confirmed.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Sterlite_Technologies_Q2_FY27_results\"><\/span><strong>What were Sterlite Technologies&#8217; Q2 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reported on 23 October 2026, total income was Rs 2,563 crore, up 145%, EBITDA was Rs 846 crore and net profit was Rs 517 crore against Rs 4 crore a year ago. The order book reached a record Rs 35,274 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_the_Q2_profit_include_a_one-time_item\"><\/span><strong>Does the Q2 profit include a one-time item?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. EBITDA includes a one-time net gain of Rs 161 crore from a US tariff refund, so underlying EBITDA is about Rs 685 crore. This gain will not repeat, which is why investors should look at the recurring figure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_far_has_the_Sterlite_Technologies_share_price_fallen\"><\/span><strong>How far has the Sterlite Technologies share price fallen?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It has fallen about 9.49% in three sessions from Rs 910.90 on 27 October and about 21.6% from the Rs 1,051.10 high on 6 October. It remains about 13% above its 31 August close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Sterlite_Technologies_share_price_expensive\"><\/span><strong>Is the Sterlite Technologies share price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock trades at a price to earnings of 59.22 against an industry figure of 38.66 and a price-to-book of 9.86. That is a premium, and the trailing earnings include a one-time gain, so the premium on recurring earnings is larger.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_falling_delivery_volume_mean_for_the_Sterlite_Technologies_share_price\"><\/span><strong>What does falling delivery volume mean for the Sterlite Technologies share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Delivery volume fell 59.62% against the five-day average to about 83,400 shares. That suggests the selling may be partly short-term trading and not long-term holders exiting, but delivery data alone cannot confirm intent.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_the_Sterlite_Technologies_share_price_on_this_dip\"><\/span><strong>Should I buy the Sterlite Technologies share price on this dip?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This article does not recommend any stock. A circuit hit with no stated cause carries risk, so check filings, the one-time gain and your own risk profile, or speak to a SEBI-registered adviser.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did the Sterlite Technologies share price hit the lower circuit today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No company-specific trigger has been reported. The stock fell 5% to Rs 824.50 on 30 October 2026 with sellers queued, after a rally from about Rs 728 at the end of August to Rs 1,051.10 on 6 October. Profit booking and weak markets are possible factors, but they are not confirmed.\"}},{\"@type\":\"Question\",\"name\":\"What were Sterlite Technologies' Q2 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reported on 23 October 2026, total income was Rs 2,563 crore, up 145%, EBITDA was Rs 846 crore and net profit was Rs 517 crore against Rs 4 crore a year ago. The order book reached a record Rs 35,274 crore.\"}},{\"@type\":\"Question\",\"name\":\"Does the Q2 profit include a one-time item?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. EBITDA includes a one-time net gain of Rs 161 crore from a US tariff refund, so underlying EBITDA is about Rs 685 crore. 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A circuit hit with no stated cause carries risk, so check filings, the one-time gain and your own risk profile, or speak to a SEBI-registered adviser.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sterlite Technologies share price hits the 5% lower circuit at Rs 824.50: Q2 FY27 profit, record order book, valuation, the three-day fall and what investors should check.<\/p>\n","protected":false},"author":28,"featured_media":333187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[7768,18378,18375,18381,18376,7766,18379,18377,18374,18380],"class_list":["post-333189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-optical-fibre-stocks","tag-sterlite-tech-falls-5-percent","tag-sterlite-technologies-lower-circuit","tag-sterlite-technologies-news","tag-sterlite-technologies-q2-results","tag-sterlite-technologies-share-price","tag-sterlite-technologies-valuation","tag-stl-order-book","tag-stl-share-price","tag-stltech"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["333187"],"rank_math_title":["Sterlite Technologies Share Price Hits 5% Lower Circuit Today"],"rank_math_description":["Sterlite Technologies share price hits the 5% lower circuit at Rs 824.50: Q2 FY27 profit, record order book, valuation, three-day fall and what investors should check."],"rank_math_focus_keyword":["Sterlite Technologies share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/sterlite-technologies-share-price-hits-5-lower-circuit-after-q2-rally-what-the.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=333189"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333189\/revisions"}],"predecessor-version":[{"id":333190,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/333189\/revisions\/333190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/333187"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=333189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=333189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=333189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}