STLTECH

May 13 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES -COURT DISMISSES PETITION TO SET ASIDE AWARD AGAINST BHARAT SANCHAR NIGAM LIMITED

Source text: ID:nBSE1nDT41

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May 8 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STL TO INVEST UP TO $100 MILLION IN THE US TO STRENGTHEN ITS MANUFACTURING CAPACITY FOR ITS CUSTOMERS

• STERLITE TECHNOLOGIES LTD - STL INVESTMENT EXPECTED TO CREATE 400-500 JOBS IN THE US

Source text: ID:nPn45R7zGa

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April 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• BOARD HAS NOT RECOMMENDED ANY DIVIDEND

• STERLITE TECHNOLOGIES - TO CONSIDER RAISING OF FUNDS FOR CONSIDERATION OF UP TO 20 BILLION RUPEES

• STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 590 MILLION RUPEES

• STERLITE TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 14.41 BILLION RUPEES

Source text: ID:nBSEbb324f

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April 21 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• TO CONSIDER FUND RAISING

Source text: ID:nBSE5fn0sH

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** India's Sterlite Technologies STTE.NS slides 10% to 141.74 rupees

** Set for biggest single-day pct drop in about four years

** About 2.75 million shares, representing 0.56% stake in the company, change hands in three large deals, per data compiled by LSEG

** Shares traded between 141.74 rupees and 142.36 rupees apiece, a discount of about 10% to Tuesday's closing price

** Stock rose 18.8% in last two sessions

** It had jumped 78% in 12 sessions after reporting results on January 23

** More than 22.4 million shares of STTE traded on the day, around 3.4x the 30-day average daily volume

** YTD, stock up 37.3%

(Reporting by Vivek Kumar M)

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Feb 4 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES LTD - PROPOSAL TO RAISE FUNDS VIA EQUITY SHARES/SECURITIES

Source text: ID:nBSE5dtYbj

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Jan 23 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 170 MILLION RUPEES

• STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.57 BILLION RUPEES

Source text: [ID:]

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** Sterlite Technologies STTE.NS shares rise 3.7% to 111.3 rupees, their biggest intraday-pct gain in over three weeks

** Telecom products maker's unit launches optical fiber with 11.7 mm diameter for data center operators, hyperscalers, telecom firms in United States

** Co says compact design helps maximize fiber count in limited duct space, reducing need for infrastructure expansion

** Stock up 39% YTD

(Reporting by Aleef Jahan in Bengaluru)

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** Sterlite Technologies STTE.NS falls as much as 7.6% to 106 rupees, lowest since mid July

** U.S. court orders co's subsidiary STI to pay $96.5 mln in damages to Prysmian Cables under litigation accusing STI, Sterlite's employee of disclosing confidential information for STI's competitive advantage

** Unit denies allegations

** Sterlite says financial implications will be assessed after final resolution

** Adds STI will "vigorously pursue" all available post-trial remedies, including appeal

** STTE last down 5.7%, trimming YTD gains to ~35%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Sterlite Technologies STTE.NS rise as much as 8.3% to 127.9 rupees, highest since February 1, 2023

** Optical and digital solutions co posts a profit of 100 million rupees ($1.16 million) in June-qtr consol net profit, compared to loss of 480 mln rupees a year ago

** Revenue from operations rise 16.8 y/y

** Stock rated "buy" on avg; median PT is 150 rupees, per data compiled by LSEG

** Stock down 31% YTD

($1 = 86.5040 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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** India's Sterlite Technologies STTE.NS extends gains to jump 13.5%, taking its two-day gain to 35%

** Stock set for best ever two-day gain

** STTE surged 19% on Monday after launching a generation of data centre solutions that includes high-performance fibre and copper cabling solutions designed for buildings, campuses and data centres

** More than 145 mln shares traded in stock's busiest session on record

** Stock extends YTD gains to 40%

(Reporting by Kashish Tandon in Bengaluru)

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Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES LTD- EXPANDS DATA CENTRE PORTFOLIO

Source text: ID:nnAZN3Z97Y6

Further company coverage: STTE.NS

** Shares of Sterlite Technologies STTE.NS zoom ~13% to 86.6 rupees, highest since May 2022

** Stock sees best day in 3 years, busiest since July 2024

** A consortium comprising the co and construction firm Dilip Buildcon DIBL.NS win 26.31 billion-rupee ($308 million) order from BSNL BSNL.NS

** Project to construct, install and maintain telecom network in Jammu & Kashmir and Ladakh circles for a decade - Sterlite

** DIBL up 1.6% on the day

** STTE's trading volumes at more than 11.8 mln shares, 12.6x 30-day moving avg

** Stock rated "buy" on avg; median PT is 105 rupees, per data compiled by LSEG

** Stock up ~8% YTD

($1 = 85.4325 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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June 11 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES LTD - ENTERS AGREEMENT WITH BSNL FOR NETWORK PROJECT

• STERLITE TECHNOLOGIES LTD - PROJECT VALUED AT 26.31 BILLION RUPEES INCLUDING GST

Source text: ID:nBSEqD1ng

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April 1 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• COMPLETES DEMERGER OF GLOBAL SERVICES BUSINESS

Source text: ID:nBSE2sL3Yq

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** Shares of India's Sterlite Technologies STTE.NS up 3.6% at 83.68 rupees, snap three sessions of losses
** Co on Wednesday said it will supply optical cables and solutions for Belgium-based Wyre for development of multigigabit fibre-to-the-home (FTTH) network expansion
** Sterlite did not disclose the value of the order
** STTE shares down 27% YTD

(Reporting by Sethuraman NR)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of Sterlite Technologies STTE.NS fall 3.8% to 82.5 rupees

** Network solutions provider's CFO Tushar Shroff resigns

** Co is in process of appointing new CFO

** More than 2 mln shares traded, 1.5x the 30-day avg

** Stock trading below 50-, 100-, 200- day moving avgs

** Stock has shed 25% this year, on top of a ~20% decline in 2024

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

March 7 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• TUSHAR SHROFF RESIGNS AS CFO OF STERLITE TECHNOLOGIES

Source text: ID:nBSE8dcKvJ

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Feb 19 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES - NCLT APPROVES DEMERGER OF STERLITE TECHNOLOGIES, STL NETWORKS

Source text: ID:nBSE4C20c6

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Jan 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES DEC-QUARTER CONSOL NET LOSS 240 MILLION RUPEES

• STERLITE TECHNOLOGIES DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 12.61 BILLION RUPEES

Source text: ID:nBSE1TrZCP

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Nov 29 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• STERLITE TECHNOLOGIES - ARBITRATOR AWARDED 159 MILLION RUPEES IN FAVOR OF CO

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Nov 8 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• EMERGES AS LOWEST BIDDER (L1 BIDDER) FROM BSNL

• EMERGES AS LOWEST BIDDER FROM BSNL FOR PROJECT WORTH 16.25 BILLION RUPEES

Source text: ID:nBSE1sDWqq

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Oct 30 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• SEPT-QUARTER CONSOL NET LOSS 140 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 14.13 BILLION RUPEES

Source text: ID:nNSEx9H9X

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Oct 17 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• EMBEDS NVIDIA EDGE AI INTO ITS FIBRE OPTICS SENSING SOLUTION

Source text for Eikon: ID:nBSENR8dY

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Oct 16 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• FORAYS INTO AI-LED DATA CENTRES SEGMENT WITH INTEGRATED OPTICAL PORTFOLIO

Source text for Eikon: ID:nBSE34HGdd

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Oct 15 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• INVESTMENT OF 500 MILLION RUPEES TO ESTABLISH FIBRE SKILLING TRAINING CENTRE

Source text for Eikon: ID:nBSE2sVvTs

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** Shares of Sterlite Technologies STTE.NS rise as much as 3.4% to 132.90 rupees

** Optical and digital solutions firm says it has launched microcable with 180-micron fibre

** Adds, this cable can be deployed in 8mm microducts using air-blowing techniques, reducing installation time and cost

** Avg rating of three analysts equivalent of "hold", median PT is 164 rupees - LSEG data

** Stock down 9.5% YTD

(Reporting by Ashish Chandra in Bengaluru)

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The following factors could affect Italian markets on Tuesday.

Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).

For a complete list of diary events in Italy please click on IT/DIA.

POLITICS

Italy's Foreign Minister Antonio Tajani said in a joint statement with the Swiss foreign ministry on Monday that the two countries shared deep concern over Russia's aggression in Ukraine, but that Moscow should be present at the next peace summit.

COMPANIES

(*) TELECOM ITALIA TLIT.MI, INWIT INWT.MI

Telecom Italia (TIM) TLIT.MI said it signed off the sale of its residual indirect stake in Italy's top telecoms tower company INWIT INWT.MI to a consortium led by French infrastructure fund Ardian for 250 million euros.

PRYSMIAN PRY.MI

The cablemaker on Monday was awarded about $96 million by a U.S. court in its trade secrets case against India's Sterlite Technologies STTE.NS, which allegedly possessed information regarding clients, products, and Prysmian's manufacturing facilities expansion.

Funds advised by U.S. financial services company Fidelity held a 4.78% stake in the world's largest cable maker as of Aug. 6, a regulatory filing by Italy's market watchdog Consob showed on Monday.

MONTE DEI PASCHI BMPS.MI

The European Central Bank on July 26 issued the final report to participants in its 2024 cyber resiliency stress tests, the Tuscan bank said in its semi-annual report on Monday.

After being selected to take part in the assessment of banks' operational resiliency in the event of a major cyber attack, Monte dei Paschi said it took action in the first half to strengthen its resilience and comply with new DORA regulation by the end of the year.

LOTTOMATICA LTMC.MI

Berenberg said on Tuesday it started coverage of the gambling group with a "Buy" rating and a target price of 16.20 euros ($17.72).

AMPLIFON AMPF.MI

The hearing aid maker is studying new acquisitions and aims to extend its network to 10,000 stores worldwide from its current 9,900, la Repubblica reported on Tuesday. One of the initiatives to reach its goal is to convert stores of its Bay Audio brand in Australian shopping centres, initially in Sidney, the report added.

Milan Stock Exchange After Hours market closed.

((Milan newsroom, e-mail: [email protected]))

For Italian market data and news, click on codes in
brackets:

20 biggest gainers (in percentage).............PG.MI

20 biggest losers (in percentage)..............PL.MI

FTSE IT allshare index .FTITLMS

FTSE Mib index........ .FTMIB

FTSE Allstars index... .FTSTAR

FTSE Mid Cap index.... .FTITMC

Block trades.......... .BLK.MI

Stories on Italy...... IT-LEN

For pan-European market data and news, click on codes in
brackets:

European Equities speed guide...................EUR/EQUITY

FTSEurofirst 300 index...............................FTEU3

DJ STOXX index.......................................STOXX

Top 10 STOXX sectors............................PGL.STOXXS

Top 10 EUROSTOXX sectors.......................PGL.STOXXES

Top 10 Eurofirst 300 sectors....................PGL.FTEU3S

Top 25 European pct gainers........................PG.PEUR

Top 25 European pct losers.........................PL.PEUR

Main stock markets:

Dow Jones................DJI Wall Street report ......N

Nikkei 225..............N225 Tokyo report.............T

FTSE 100................FTSE London report............L

Xetra DAX..............GDAXI Frankfurt market stories.F

CAC-40..................FCHI Paris market stories....PA

World Indices.....................................0#.INDEX

Reuters survey of world bourse outlook.........EQUITYPOLL1

Western European IPO diary..........................WEUIPO

European Asset Allocation........................EUR/ASSET

Reuters News at a Glance: Equities...............TOP/EQE

Main currency report:...............................FRX/

($1 = 0.9141 euros)

** Shares of Sterlite Technologies STTE.NS fall 2.4% to 136.11 rupees

** Co said over weekend, a U.S. District Court awarded $96.5 mln against co's unit in a case related to violation of some confidentiality agreements

** Unit will file appeal

** Stk down 3.9% YTD

(Reporting by Vijay Malkar)

(([email protected];))

July 30 (Reuters) - Sterlite Technologies Ltd STTE.NS:

• JUNE-QUARTER CONSOL NET LOSS 480 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 12.18 BILLION RUPEES

Further company coverage: STTE.NS

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