The order book just hit a record and Data Center revenues jumped to 21% of the mix—yet the stock already prices in perfection, so the lean is toward caution.
Overall read
6.6/10
Priced for it
The three reads · this quarter
The order book just hit a record and Data Center revenues jumped to 21% of the mix—yet the stock already prices in perfection, so the lean is toward caution.
Overall read
6.6/10
Priced for it
The three reads · this quarter
The standing reads · change less often
Moat
Moderate edge
Cost advantages from vertical integration and scale; brand/technology differentiation is moderate.
Key variables
2 tracked
lead: Optical connectivity attach rateAttach rate improved sharply in FY25 as connectivity portfolio gained traction, but moderated in FY26 due to rapid OFC revenue growth and project timing. The long-term opportunity remains intact as management emphasizes integrated solutions.
Walk the talk
Not enough data
Record order book of INR 18,618 Cr provides strong revenue visibility.
Latest · newest first
21h ago · Order Wins
Company receives an order. (~₹2,736 cr)
3d ago · Business Update
STL transitions to 100% green power for its product portfolio.
2w ago · Business Update
Company provides update on pending litigation.
3w ago · Order Wins
Received an order under Regulation 30. (~₹1,995 cr, framework)
4w ago · Order Wins
Bagged an order pursuant to Regulation 30. (~₹960 cr)
0 of 2 guidance items delivered on time
Where it sits