IGI Logo

Sterlite Technologies is currently trading at Rs. 149.40, up by 5.65 points or 3.93% from its previous closing of Rs. 143.75 on the BSE.

The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 151.35 and Rs. 146.10 respectively. So far 75428 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 318.00 on 22-Jul-2021 and a 52 week low of Rs. 136.25 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 151.35 and Rs. 140.25 respectively. The current market cap of the company is Rs. 5974.64 crore.

The promoters holding in the company stood at 54.15%, while Institutions and Non-Institutions held 13.20% and 32.65% respectively.

Sterlite Technologies (STL) has won Rs 250 crore deal for building Indian telecom operator’s optical network. Pursuant to this arrangement, STL seeks to fulfil the telecom operator’s requirement for setting up a high-performance, modern communication network in India. STL, already a leading network modernization partner for the telecom player, further strengthens its relationship with the telco with this deal. With this multi-year deal, STL aims to provide specialised optical fibres and deployment services to build the service provider’s network across 9 telecom circles, pan India.

STL, with its combined capabilities in optical fibres, network design and deployment services and programmatic network management, is uniquely positioned to deliver significant value. In this nationwide project, STL intends to provide a pre-integrated suite of optical fibre cables comprising Armored, Duct and Universal cables complying with varied deployment scenarios and integration services with its unique end-to-end deployment methodology.

Sterlite Technologies is an industry-leading integrator of digital networks.