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Sterlite technologies - a play on the data and digitisation theme. Expensive valuations but worth studying and accumulating below 290. Only company in the world to have silicon to software capability, critical for tomorrow's data networks.
#SterliteTechnologies
#SterliteTechnologies
In FY18, Sales grew 30% and earnings grew 66%. Margins are expanding nicely as well. 54% of total revenues came from international markets. 8 of the top 10 global telecom operators use sterlite's product TS and solutions.
A digital revolution beckons us. Global IP traffic crossed 1 zetta byte in 2016. It is expected to keep growing 26% for next 5 years and cross 3 zetta bytes in 2021.
1 zetta byte = 10 raise to power 22 bytes.
1 zetta byte = 10 raise to power 22 bytes.
