Sterlite Technologies' stock is trading at Rs. 123.90, marking a rise of 0.35 points or 0.28% from its previous close of Rs. 123.55 on the BSE.

The stock opened at Rs. 124.90, with a high and low of Rs. 124.90 and Rs. 123.40, respectively, with a total of 13,766 shares exchanged so far.

The BSE group 'A' stock, with a face value of Rs. 2, reached a 52-week high of Rs. 170.00 on October 20, 2023, and a low of Rs. 109.80 on June 4, 2024.

Over the past week, the stock’s high was Rs. 128.45, and its low was Rs. 119.05. The company’s market cap stands at Rs. 6,026.14 crore. Promoters hold 44.18%, while Institutions and Non-Institutions own 19.50% and 36.32%, respectively.

Sterlite Technologies (STL) has made its debut in the AI-focused Data Centre sector by showcasing its integrated optical portfolio at India Mobile Congress 2024. Known for its expertise in optical technology, STL has crafted a comprehensive range of solutions to support the specific cabling demands of AI-driven data centres, which require high bandwidth, low latency, and dense infrastructure to handle AI workloads efficiently.

The company's Intelligently Bonded Ribbon (IBR) cable technology powers fibre densification in these AI data centres. STL is a pioneer in offering high-density IBR optical products, ranking second globally and first in India. Its AI-Data Centre portfolio, built for accelerated computing, features IBR optical cables along with connectivity products such as connectors, patch cords, and fibre management systems.

Sterlite Technologies is a key player in the digital network integration space, offering complete 5G solutions.