Sterlite Technologies (STLTECH-BE) Share Price Falls 2.53% Today

Sterlite Technologies Share Price fell to Rs 710 on 01 September 2026 at 9:49:35 AM IST, down 2.53% from the previous close of Rs 728.4. At that level, the company’s market capitalisation stood at Rs 37,166.06 crore. The stock opened at Rs 738.3, touched an intraday high of Rs 738.3, and moved down to a low of Rs 702, putting the session’s early weakness in focus.

The supplied data confirms the price move, but it does not identify a company-specific trigger for the decline. What it does show is a meaningful intraday swing in a Large Cap stock, with turnover at Rs 1.59 crore. It also highlights a valuation and profitability profile that investors may compare closely with other cable-sector names: P/E at 154.05, P/B at 9.78, ROE at 2.73, ROCE at 8.38, EPS at 4.73, book value at 74.46 and dividend yield at 0.

Sterlite Technologies (STLTECH-BE) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 710
Previous Close	Rs 728.4
Today's Move	-Rs 18.40 (-2.53%)
Open	Rs 738.3
High	Rs 738.3
Low	Rs 702
Turnover	Rs 1.59 crore
Market Capitalisation	Rs 37,166.06 crore
Market Cap Category	Large Cap

Sterlite Technologies Share Price Today reflects a weak session after a higher opening. The stock moved from a previous close of Rs 728.4 to Rs 710, a decline of Rs 18.4 or 2.53%. Since the opening price of Rs 738.3 also remained the day’s high, the numbers indicate that sellers had the upper hand after trade began. The low of Rs 702 shows the pressure extended beyond the opening drop before a partial recovery.

This intraday pattern matters because it separates the move from a simple gap-down open. The stock started above the previous close, then gave up those gains and moved lower. Turnover of Rs 1.59 crore shows activity was present even in a company with a market cap of Rs 37,166.06 crore. For anyone tracking intraday levels, the current session range of Rs 702 to Rs 738.3 defines the immediate trading band visible in the supplied data.

Sterlite Technologies (STLTECH-BE) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 37,166.06 crore
P/E Ratio	154.05x
P/B Ratio	9.78x
ROE	2.73%
ROCE	8.38%
EPS	Rs 4.73
Book Value Per Share	Rs 74.46
Dividend Yield	0%

The company’s fundamentals present a mix of scale, rich valuation and relatively modest return ratios. Sterlite Technologies has a market capitalisation of Rs 37,166.06 crore, making it much larger than the industry median market cap of Rs 595.72 crore and also above the industry average of Rs 10,591.22 crore. Yet the stock trades at 154.05 times earnings and 9.78 times book value, which puts a premium on current earnings and balance-sheet value.

Profitability metrics are more moderate. ROE stands at 2.73 and ROCE at 8.38, while EPS is Rs 4.73. Book value per share is Rs 74.46, far below the current market price of Rs 710. Dividend yield is 0, so the supplied snapshot does not show any cash-yield cushion from dividends. Taken together, these figures suggest investors are likely to view the stock not just through today’s price decline, but also through the lens of whether current profits and returns support the prevailing valuation multiples.

Sector and Industry Context

Metric	Value
Sector	Electricals
Industry	Cable
Benchmark Scope	same industry
Company P/E Ratio	154.05x
Benchmark Median P/E	28.11x
Benchmark Average P/E	35.25x
Benchmark P/E Range	1.23x to 154.05x
Company P/B Ratio	9.78x
Benchmark Median P/B	3x
Benchmark Average P/B	-9.42x
Company ROE	2.73%
Benchmark Median ROE	13.43%
Benchmark Average ROE	5.13%
Company ROCE	8.38%
Benchmark Median ROCE	18.91%
Benchmark Average ROCE	19.35%
Company Market Capitalisation	Rs 37,166.06 crore
Benchmark Median Market Cap	Rs 595.72 crore
Benchmark Average Market Cap	Rs 10,591.22 crore

The company is classified in the Electricals sector and Cable industry. Within the same-industry benchmark of 32 companies, its P/E of 154.05 is far above the median of 28.11 and average of 35.25, and it also equals the maximum value reported in the dataset. That makes the stock a clear outlier on earnings multiple within the benchmark group.

The P/B ratio of 9.78 is also above the industry median of 3, though below the benchmark maximum of 21.74. The benchmark average P/B is -9.42, while the range runs from -471.43 to 21.74, indicating considerable dispersion across the peer universe. On returns, ROE of 2.73 is below both the median of 13.43 and average of 5.13, while ROCE of 8.38 trails the median of 18.91 and average of 19.35. So, compared with the broader industry snapshot, the company combines large scale with premium valuation and lower return ratios.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Polycab India	POLYCAB	1,37,040.38	48.39	10.91	25.03	34.93
KEI Industries	KEI	53,224.2	53.71	7.72	15.63	21.47
RR Kabel	RRKABEL	32,856.58	54.55	11.94	20.83	28.43
Diamond Power Infrastructure	DIACABS	20,956.41	105.3	21.74	0	0
Finolex Cables	FINCABLES	19,854.59	23.84	3.03	13.42	17.7

Peer data sharpens the contrast. Polycab India, the largest company in this set with a market cap of Rs 1,37,040.38 crore, trades at a P/E of 48.39 with ROE of 25.03 and ROCE of 34.93. KEI Industries, with a market cap of Rs 53,224.2 crore, trades at 53.71 times earnings and reports ROE of 15.63 and ROCE of 21.47. RR Kabel, with market cap of Rs 32,856.58 crore, trades at a P/E of 54.55 with ROE of 20.83 and ROCE of 28.43.

Against those figures, Sterlite Technologies Share Price remains tied to a much higher P/E of 154.05, while ROE of 2.73 and ROCE of 8.38 are lower than those three peers. Diamond Power Infrastructure shows a P/E of 105.3 with ROE and ROCE at 0, while Finolex Cables trades at 23.84 times earnings with ROE of 13.42 and ROCE of 17.7. This peer view does not imply any investment conclusion, but it helps explain why the stock is being watched closely when it declines: the valuation sits at a premium while return ratios lag many comparable names in the supplied set.

Why Investors Are Watching Sterlite Technologies

• Price action:  The stock fell 2.53% to Rs 710 from Rs 728.4 after opening at Rs 738.3 and trading between Rs 702 and Rs 738.3.
• Market size:  It remains a Large Cap company with market capitalisation of Rs 37,166.06 crore.
• Valuation:  The stock trades at a P/E of 154.05 and P/B of 9.78.
• Profitability context:  ROE of 2.73, ROCE of 8.38, EPS of 4.73 and book value of 74.46 shape the current fundamental discussion.
• Industry positioning:  Within the same-industry benchmark of 32 companies, its P/E sits at the top end while return ratios are below median levels.

About Sterlite Technologies

Sterlite Technologies is tracked within the Electricals sector and the Cable industry. Based on the supplied classification, the company sits in a peer universe that includes Polycab India, KEI Industries, RR Kabel, Diamond Power Infrastructure and Finolex Cables. Its market capitalisation of Rs 37,166.06 crore places it above the same-industry average of Rs 10,591.22 crore, making it one of the larger names in the supplied comparison set.

Track Sterlite Technologies Share Price on Univest

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On Univest, users can track Sterlite Technologies Share Price alongside live price action, valuation ratios and sector comparisons in one place. That allows readers to connect an intraday decline with broader fundamentals and peer benchmarks without turning the update into a recommendation.

Frequently Asked Questions

Why is Sterlite Technologies Share Price falling today?

Ans.  Sterlite Technologies Share Price fell 2.53% to Rs 710 from the previous close of Rs 728.4. The supplied data confirms the decline and the intraday range, but it does not establish a company-specific catalyst for the move.

What is Sterlite Technologies Share Price Today?

Ans.  Sterlite Technologies Share Price Today is Rs 710 as of 01 September 2026 at 9:49:35 AM IST. The stock opened at Rs 738.3, touched a high of Rs 738.3 and a low of Rs 702.

How much did Sterlite Technologies stock decline today?

Ans.  The stock declined by Rs 18.4 in absolute terms and by 2.53% in percentage terms versus the previous close of Rs 728.4. The previous close was Rs 728.4. The stock moved 2.53% lower during the session.

What does today’s intraday range indicate for Sterlite Technologies?

Ans.  The stock traded between Rs 702 and Rs 738.3 after opening at Rs 738.3. Because the opening level also marked the day’s high, the supplied data suggests the weakness developed after the market opened.

What is the market capitalisation of Sterlite Technologies?

Ans.  Sterlite Technologies has a market capitalisation of Rs 37,166.06 crore, placing it in the Large Cap category. That is above the same-industry average market cap of Rs 10,591.22 crore in the supplied benchmark.

Is Sterlite Technologies expensive compared with its industry on P/E?

Ans.  Based on the supplied benchmark, the company’s P/E ratio of 154.05 is above the same-industry median of 28.11 and average of 35.25. It also matches the maximum P/E reported within the 32-company benchmark set.

How does Sterlite Technologies compare on P/B ratio?

Ans.  The stock trades at a P/B ratio of 9.78. That is above the same-industry median P/B of 3, though below the benchmark maximum of 21.74. The company trades at a P/E ratio of 154.05x.

What do ROE and ROCE show for Sterlite Technologies?

Ans.  The supplied profitability ratios show ROE of 2.73 and ROCE of 8.38. Both are below the same-industry median figures of 13.43 for ROE and 18.91 for ROCE. ROE stands at 2.73%.

How does Sterlite Technologies compare with peers like Polycab, KEI and RR Kabel?

Ans.  Sterlite Technologies has a higher P/E of 154.05 than Polycab at 48.39, KEI at 53.71 and RR Kabel at 54.55. Its ROE of 2.73 and ROCE of 8.38 are also lower than those peers.