Communication Equipment
Sterlite Technologies Limited (NSE: STLTECH) breaks below support, falls 5%
Sterlite Technologies Limited (NSE: STLTECH) stock price falls 5% intraday to ₹501.75 as it breaks below support in the Technology > Communication Equipment.
Sterlite Technologies Limited (STLTECH) breaks below support, falling -5% today. The move follows a breakdown below the 6-month support trendline, indicating a shift from consolidation to potential further downside. STLTECH operates in the technology sector, specifically communication equipment, and today’s move appears to be company-specific rather than a sector-wide trend.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a breakdown below the support level, which was previously at ₹696.58. The stock is now trading significantly below this level, indicating a bearish sentiment. Resistance is noted at ₹799.3, far above the current price, suggesting limited upside potential in the near term. The 50-day moving average (DMA) is above the 200-DMA, typically a bullish signal, but the stock’s position below both moving averages indicates a recovery phase rather than sustained upward momentum. Currently, the stock is in the upper third of its 52-week range, which implies that while there is room for further downside, a significant portion of the potential move may already be priced in.
Snapshot: ₹501.75 on 2026-07-09 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 451.4 and profit margins at a mere 1.2%, STLTECH’s valuation appears stretched given its current earnings power. The revenue CAGR of -11.3% over the past five years further underscores the challenges the company faces in growing its top line. Institutional ownership stands at 12.1%, suggesting a cautious approach by sophisticated investors. There is no specific NSE catalyst today that would explain the move, reinforcing the technical breakdown as the primary driver.
Algorithmic scorecard
The overall scorecard reflects a technically strong but fundamentally weak profile for STLTECH. Two of the strongest signals are the bullish trend indicated by the 50-DMA being above the 200-DMA and the stock’s significant gain of 397.8% over the last year, suggesting a robust recovery phase. However, the weak profit margins at 1.2% and the declining revenue and profit CAGRs over the past five years highlight substantial risks. The negligible dividend yield of 0% and the company’s unstable profit track, with three loss-making quarters detected, further exacerbate these concerns.
Company outlook
Management provided a positive outlook, expecting a 20% EBITDA margin by the end of Q4. They anticipate a positive impact on margins from reduced U.S. tariffs, though this will be offset by increased costs due to geopolitical issues. The company is focusing on long-term contracts to mitigate cyclical risks and is in ongoing discussions with hyperscalers for partnerships. Capex of approximately INR 500 crores is planned to upgrade the asset base and support high-value data center portfolio offerings. The strategy includes securing long-term contracts and relationships with telecom operators and data centers.
Get all details on STLTECH — P&L, peers, shareholding and more on TradeAlone.
Communication Equipment
Pace Digitek Limited (pacedigitk) Secures 115 Mwh Utility-scale BESS Project from BSES Rajdhani Power
Pace Digitek Limited (PACEDIGITK) secures 115 MWh utility-scale BESS project from BSES Rajdhani Power, marking fifth major BOO/BOOT storage win.
Pace Digitek Limited (NSE: PACEDIGITK) announced it has secured a 115 MWh utility-scale Battery Energy Storage System (BESS) project from BSES Rajdhani Power. This marks the company’s fifth major Build, Own, Operate, and Transfer (BOOT) storage project, significantly boosting its utility-scale BOO/BOOT portfolio to 3.32 GWh.
Project Details
The 57.5 MW/115 MWh BESS project will be developed under a 12-year BOOT model, with a capital outlay of approximately Rs. 179.4 crore. The project is slated for completion within seven months. Under the long-term Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs. 27.1 crore.
Strategic Growth
This award adds to Pace Digitek’s recent BESS wins, including a Rs. 488.6 crore order from NTPC GE Power Services Private Limited for a standalone BESS in September 2026. The company has been progressively building capabilities across the energy storage value chain, including BESS manufacturing, system integration, equipment supply, EPC execution, and long-term ownership and operation of storage assets. Since the end of Q1 FY2027, the company has secured Rs. 761 crore of additional orders, further strengthening its order visibility.
As a result, Pace Digitek intends to build on its manufacturing and execution capabilities and selectively expand its presence across the energy storage market. Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: “The BSES award is another important milestone in the development of our Energy business and marks our fifth utility-scale BOO/BOOT storage project. It reinforces the capabilities we have built across BESS manufacturing, project execution, and long-term asset operations. We remain focused on disciplined execution, scaling our manufacturing capabilities, and selectively building a portfolio of contracted energy infrastructure assets, while continuing to serve the evolving requirements of India’s power and renewable energy ecosystem.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Pace Digitek Limited
Pace Digitek Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Pace falls 25.1% over three months and has not found a floor yet. The PEG of 0.06 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gains 1.0% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 73.9% and profits at 175.1% CAGR, with D/E of 0.00. Meanwhile, the stock dips 25.1% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of Pace Digitek Limited.
Communication Equipment
Tejas Networks Limited Demonstrates 6G Integrated Sensing and Communications with Qualcomm at IMC 2026
Tejas Networks Limited (TEJASNET) and Qualcomm demonstrate 6G Integrated Sensing and Communications (ISAC) at India Mobile Congress 2026, showcasing transfor.
Tejas Networks Limited (NSE: TEJASNET) in collaboration with Qualcomm Technologies is demonstrating Integrated Sensing and Communication (ISAC) at the India Mobile Congress (IMC) 2026. As the industry looks beyond 5G and towards 6G, new technological frontiers are being explored to transform communication networks into intelligent digital infrastructure. Integrated Sensing and Communication (ISAC) is one such foundational technology, enabling next-generation wireless networks to function as pervasive radar systems for enhanced situational awareness.
Technology Demonstration
The joint demonstration highlights how ISAC can leverage communication signals to detect and track objects in the surrounding environment, such as moving vehicles on city roads and drones in strategic areas, without requiring dedicated sensing infrastructure. By combining connectivity, sensing, and AI-driven analytics, ISAC has the potential to create more adaptive, context-aware, and efficient digital infrastructure.
Industry Impact
Dr. Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks, said, ‘ISAC is emerging as one of the most promising technology directions for future 6G networks.’ This ability to generate and monetize spatial intelligence also enables a significant new value proposition for mobile operators, extending their role beyond high-speed connectivity to providing real-time environmental insights for commercial and strategic use cases.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Tejas Networks Limited
Tejas Networks Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Tejas falls 13.9% over three months and has not found a floor yet. Industry-leading margins of 70.4% reflect exceptional pricing power and operational efficiency. 5 loss quarters over five years is a serious red flag — earnings quality is poor and recovery is not guaranteed. The stock holds at 49% of its 52-week range with RSI at 34. In other words, neither side has a clear edge right now. Revenue grows at 6.1% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Tejas Networks Limited.
Communication Equipment
Pace Digitek Limited (pacedigitk) Secures ₹92.9 Crore Order for BESS Supply and Commissioning Support
Pace Digitek Limited (PACEDIGITK) secures ₹92.9 crore order for BESS supply and commissioning support, boosting its BESS business and manufacturing capacity.
Pace Digitek Limited (NSE: PACEDIGITK) announced that its material subsidiary, Lineage Power Private Limited (LPPL), has received a Letter of Award from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS). The order, valued at ₹92.9 crore, is scheduled for completion by 31 December 2026. This order adds to Pace Digitek’s growing BESS business and strengthens near-term visibility for its manufacturing operations.
Scaling Manufacturing Capacity
The project will be supplied from the Company’s BESS manufacturing platform, which has recently been expanded to 5 GWh of installed capacity. Over the past year, Pace Digitek has manufactured more than 300 utility-scale BESS containers, representing approximately 1.5 GWh of battery energy storage capacity. The Company has been progressively scaling its manufacturing capabilities to address growing demand for utility-scale and Commercial & Industrial (C&I) energy storage applications.
Future Expansion Plans
The Company’s BESS manufacturing capacity has increased from 2.5 GWh to 5 GWh, with a further phased expansion towards 10 GWh targeted by the end of FY2027. The expansion is expected to provide additional capacity to support product supplies as well as the Company’s participation in integrated BESS projects. This strategic move underscores Pace Digitek’s commitment to meeting the escalating demand for energy storage solutions.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Pace Digitek Limited
Pace Digitek Limited belongs to the Technology › Communication Equipment sector. Here’s a quick read on where the business and the stock stand today.
Pace posts a 1.0% three-month gain, but softens in the last few weeks. The PEG of 0.07 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 73.9% and profits at 175.1% CAGR. Both numbers are exceptional. The stock gives back 12.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 73.9% and profits at 175.1%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of Pace Digitek Limited.
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