Sterlite Technologies soars on launching new generation of Data Centre solutions
Sterlite Technologies is currently trading at Rs. 88.50, up by 5.15 points or 6.18% from its previous closing of Rs. 83.35 on the BSE.
The scrip opened at Rs. 83.99 and has touched a high and low of Rs. 88.90 and Rs. 83.40 respectively. So far 79851 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 115.97 on 30-Jul-2024 and a 52 week low of Rs. 53.90 on 05-May-2025.
Last one week high and low of the scrip stood at Rs. 88.90 and Rs. 74.67 respectively. The current market cap of the company is Rs. 4066.94 crore.
The promoters holding in the company stood at 44.16%, while Institutions and Non-Institutions held 18.88% and 36.96% respectively.
Sterlite Technologies (STL) has launched new generation of Data Centre solutions, ranging from cabling to end-to-end connectivity offerings designed to power the relentless demands of AI-driven data centre infrastructure. This new-age solution is engineered to meet the exact requirements of hyperscalers, colocation players, enterprises and telecom service providers to build agile, scalable, and sustainable Data Centre infrastructure.
With the global data centre market projected to reach $517 billion by 2030 (growing at a CAGR: 10.5% from 2021- 2030), legacy infrastructure cabling systems are buckling under the demands for lower network latencies, rising network speeds and density requirements, as well as sustainability mandates. With this launch, the company bridges this gap by bringing to the core its 30+ years leadership in Optical network connectivity.
The company’s data centre products are designed, manufactured, and tested in a state-of-the-art manufacturing facility, meeting international standards. The company’s solutions are fully compliant with ANSI/TIA-942, TIA-568 and ISO 11801 standards and backed by a 25-year performance warranty, ensuring reliability. STL Data Centre solution includes high-performance fibre and copper cabling solutions designed for modern buildings, campuses, and data centres.
Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.
