Sterlite Technologies is currently trading at Rs. 153.50, up by 5.85 points or 3.96% from its previous closing of Rs. 147.65 on the BSE.
The scrip opened at Rs. 149.25 and has touched a high and low of Rs. 155.15 and Rs. 149.25 respectively. So far 143142 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 179.00 on 11-Sep-2023 and a 52 week low of Rs. 109.80 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 155.15 and Rs. 139.55 respectively. The current market cap of the company is Rs. 7468.47 crore.
The promoters holding in the company stood at 44.18%, while Institutions and Non-Institutions held 19.50% and 36.32% respectively.
Sterlite Technologies (STL) has expanded its Optical Networking capability with the addition of its Optical Connectivity portfolio in the US market. This move marks a pivotal step in delivering robust, integrated optical capabilities tailored to the US customers for their FTTx needs. Armed with the ability to deliver both advanced optical fiber cable and optical connectivity products, the company aims to strategically serve its customer base of nearly 50 in the US region.
STL’s Optical Connectivity portfolio, designed with the ethos of a deep understanding of networking needs, ease of installation and future-readiness, will enable its customers to 'Connect with Confidence’ and be at the leading edge of design excellence in deployments. With this integrated capability and a team of 200 STLers at its North American headquarters in South Carolina, STL is bringing its commitment to connect America to life.
Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.