800 per cent returns in this multibagger stock: This telecom company implements an advanced communication system for Kochi Water Metro!
The stock is up by 28 per cent in 3 years.
Sterlite Technologies Ltd, a leading optical and digital solutions company, today announced that it has enabled a seamless communication system for the Water Metro in Kochi in the state of Kerala, India. STL has installed Neox Unified Communications solution for Kochi Water Metro. Neox is equipped with state-of-the-art technology of IP telephony, Contact Centre, Automatic Call Distribution (ACD), IVRs and Centralized Voice Recording (CVR) module.
The Kochi Water Metro project will connect Kochi’s 10 island communities to the mainland using 78 battery-operated electric hybrid boats. These eco-friendly boats will play along 16 routes spanning 76 kilometres, stopping at 38 terminals, along the way. This will be a water taxi service, which is environmentally friendly. The project will open up new opportunities for trade, commerce, and social interaction
STL’s Neox platform shall permit 145 internal users and 10 Helpdesk executives from 38 jetties, 1 Boatyard and 1 Operations Control Centre (OCC) to communicate internally and also with external stakeholders like staff and citizens. To enable system-wide calling, Neox has integrated with VHF radios and PA systems across the jetties. Neox IP Telephony will connect extensions to the public switched telephone network and provide internal users with audio, video, or instant messaging communication. Neox will play a key role in improving the efficiency of boat services through an analytical dashboard and help in the operations and maintenance of the entire system.
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On Tuesday, shares of STL plunged 1.08 per cent to Rs 147.10 per share with an intraday high of Rs 150.90 and an intraday low of Rs 146.80. The company reported excellent numbers in its Quarterly Results and annual results and has been maintaining a healthy dividend payout of 29.80 per cent.
The stock is up by 28 per cent in 3 years and over 800 per cent in 1 decade. Investors should keep an eye on this stock.