Sterlite Technologies climbs on launching Hollow Core Fibre cable
Sterlite Technologies is currently trading at Rs. 195.25, up by 15.50 points or 8.62% from its previous closing of Rs. 179.75 on the BSE.
The scrip opened at Rs. 183.35 and has touched a high and low of Rs. 196.50 and Rs. 183.25 respectively. So far 236831 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 205.70 on 12-Mar-2026 and a 52 week low of Rs. 53.90 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 196.50 and Rs. 170.10 respectively. The current market cap of the company is Rs. 9560.08 crore.
The promoters holding in the company stood at 44.44%, while Institutions and Non-Institutions held 21.98% and 33.57% respectively.
Sterlite Technologies has launched India’s first Hollow Core Fibre (HCF) cable. This innovation, from the company’s industry-leading R&D engine, is designed to meet the low-latency and high-bandwidth requirements of modern Data Centres, Hyperscalers, and High-Frequency transmission networks.
As the first company to develop and manufacture HCF technology in India, the company continues to solidify its position as a global deep-tech leader. Traditional optical fibres carry light through a solid glass core, while the company’s Hollow Core Fibre cable guides light through an air-filled core, enabling signals to travel around 46% faster, significantly reducing latency and signal loss.
Recognising the diverse needs of next-generation networks, the company has engineered a unique Hybrid Cable architecture. This cable combines Hollow Core Fibre for ultra-low latency and high-power delivery, G.654.E Fibre - optimised for ultra-low loss and large effective areas in long-haul transmissions, G.657.A1 NOVA - ensuring versatility and broad network coverage.
