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Sterlite Technologies is currently trading at Rs. 172.10, up by 3.70 points or 2.20% from its previous closing of Rs. 168.40 on the BSE.

The scrip opened at Rs. 174.45 and has touched a high and low of Rs. 175.00 and Rs. 171.75 respectively. So far 81107 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 192.95 on 19-Dec-2022 and a 52 week low of Rs. 142.00 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 175.00 and Rs. 167.25 respectively. The current market cap of the company is Rs. 6713.64 crore.

The promoters holding in the company stood at 54.05%, while Institutions and Non-Institutions held 9.16% and 36.80% respectively.

Sterlite Technologies (STL) has partnered with TruVista, a 125-year-old provider of broadband services and applications, to drive the growth and enhancement of South Carolina's rural connectivity infrastructure. STL and TruVista, headquartered in South Carolina, are investing heavily in manufacturing and building fiber networks - for South Carolina from South Carolina. STL has invested significantly in a state-of-the-art fiber optic technology manufacturing facility in Lugoff, South Carolina, with end-to-end advanced automation. In a similar vein, TruVista is investing over $12 million in rural broadband, a significant portion of which will be dedicated to South Carolina. It is now expanding fiber optic connectivity across rural South Carolina, enabling residents to access reliable internet at speeds of 1 Gbps. This strategic alignment paves the way for a long-standing, synergistic relationship between the two companies. 

Since 2021, STL has been providing specialized optical fiber cables spanning multi-loose tube, high-fiber count cables to TruVista. The company has also supplied advanced cable types like the Nova A1, a fully backward-compatible, high-performance fiber optic cable with exceptional bending properties, to enable TruVista to deploy efficient FTTX systems across South Carolina. TruVista has also leveraged STL’s end-to-end optical capabilities and procured STL's Optical Connectivity products, such as the MST Optoblaze, a pre-connectorized FTTH optical connector, for faster installation in these diverse terrains.

As one of STL’s first customers, TruVista has established a strong partnership with STL based on shared values of quality, trust, and agility. STL’s local manufacturing plant in South Carolina and its commitment to providing shorter lead times have helped TruVista accelerate its broadband deployment while ensuring the quality and longevity of its network. Notably, TruVista even provides fiber connectivity to STL's Optical Fiber Cable facility in South Carolina, highlighting the collaborative nature of this partnership. Looking ahead, STL is working toward growing this partnership further to continue rural FTTH deployment in South Carolina and beyond.

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.