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Sterlite Technologies' arm wins $1.11 billion optical connectivity contract from hyperscale partner
Shares of Sterlite Technologies Ltd ended at ₹441.40, up by ₹21.00, or 5.00%, on the BSE.
Sterlite Technologies Stock Surged 5X In A Year. Can AI Data Centre Demand Drive Further Gains?
Data centres are expected to become the fastest-growing driver of global optical fibre demand, with nearly 70% of data centre-related demand projected to be AI-led by 2030.
Will provide insurance to all vessels coming to or going from India: DFS Secretary Nagaraju
India has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Sugar, and Hoger Offshore are the first beneficiaries. The pool reduces reliance on foreign insurers. It offers financial protection against war perils and cargo risks. This move strengthens India's control over its maritime trade.
Telecom equipment stock surges 111% in 5 weeks; zooms 511% in 1 year
Sterlite Technologies share price was locked in the 5-per cent upper circuit for a fourth straight trading day
Stock market crash: HCL Tech and 25 other stocks hit 52-week low; 65 locked at lower circuit, including Sterlite Tech - Upstox
Stock market crash: HCL Tech and 25 other stocks hit 52-week low; 65 locked at lower circuit, including Sterlite TechUpstox
Sterlite Tech shares fall 5% as Q4 growth overshadowed by concerns
On margins, the company said that US tariffs have eased from peak levels of 50% to around 18%, and have now transitioned to a temporary 10-15% range following the US-India trade arrangement. This is expected to provide a direct benefit to margins.
Sterlite Tech rises after Q4 results; profit jumps on one-time gain
Net profit surged to ₹59 crore in Q4FY26 from ₹5 crore a year ago, supported in part by a one-off gain of ₹31 crore.
Sterlite Technologies rolls out 'Neuralis' AI data centre connectivity suite in US
Shares of Sterlite Technologies Ltd ended at ₹271.75, up by ₹9.30, or 3.54%, on the BSE.
Data Center Play: Nuvama raising target sends Sterlite Tech shares surging by 10%
Historically, Sterlite Technologies has been focused on telecom-driven demand, including 5G network upgrades, fibre-to-the-home, and rural broadband. However, the company is now positioning itself to capture emerging opportunities in the data centre segment.
Iran war: Adani Power, Hatsun Agro among 10 stocks that surged up to 40% since conflict began
Amidst geopolitical tensions and market corrections, select Indian stocks have surged significantly. Defence, jewellery, digital infrastructure, and energy sectors have shown robust performance, with companies like Swan Defence, Bluestone Jewellery, Sterlite Technologies, and Adani Power leading the gains. Resilience in banking and consumption stocks also highlights selective investor interest in stable businesses.
Sterlite Technologies hits over 2-year high; stock price doubles in 5 weeks
Sterlite Technologies rallied 9% to ₹172.65 on the BSE in Monday's intra-day trade in an otherwise weak market, and quoted at its highest level since September 2023.
Trade Spotlight: How should you trade NTPC Green Energy, Tata Power, JB Chemicals, Sterlite Technologies, Ajanta Pharma, and others on March 16?
The market may continue to consolidate with a negative bias amid the West Asia tensions. Below are some short-term trading ideas to consider.