Sterlite Technologies Ltd

Sterlite Technologies has allotted 15,107 equity shares under ESOS on 10 July 2026. With this allotment, the paid up equity share capital has increased to 51,39,11,242 equity shares.

Sterlite Technologies Ltd fell 3.53% today to trade at Rs 570. The BSE Telecommunication index is down 0.71% to quote at 3602.85. The index is up 0.56 % over last one month. Among the other constituents of the index, HFCL Ltd decreased 2.97% and GTL Infrastructure Ltd lost 0.72% on the day. The BSE Telecommunication index went up 12.98 % over last one year compared to the 7.58% fall in benchmark SENSEX. Sterlite Technologies Ltd has lost 3.61% over last one month compared to 0.56% gain in BSE Telecommunication index and 3.26% rise in the SENSEX. On the BSE, 12863 shares were traded in the counter so far compared with average daily volumes of 2.54 lakh shares in the past one month. The stock hit a record high of Rs 684.45 on 05 Jun 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.Powered by Capital Market - Live

Sterlite Technologies announced the closure of its QIP issue and approved the allotment of 2,57,28,500 equity shares at an issue price of Rs 583.01 per equity share (including a premium of Rs 581.01 per equity share), which is at a discount of 5% to the floor price of Rs 613.69 per equity share (amounting to Rs 30.68 per equity share).

The company's Authorization and Allotment Committee approved the opening of the issue on 24 June 2026. The floor price of Rs 613.69 is at a premium of 5.16% to the scrip's previous closing price of Rs 583.60 on the BSE. The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue. Sterlite Technologies provides advanced connectivity solutions and offers end-to-end products and services for AI-ready infrastructure, FTTx, rural broadband, enterprise and data centre networks. On a consolidated basis, the company reported a net profit of Rs 59 crore in Q4 FY26 compared with a net loss of Rs 40 crore in Q4 FY25. Revenue from operations increased 36.98% year-on-year to Rs 1,441 crore during the quarter.Powered by Capital Market - Live

Sterlite Technologies launched the qualified institutional placement offer on 24 June 2026 with floor price of Rs 613.69 per equity share of face value of Rs 2 each.

The stock had declined 6.68% over the previous two trading sessions and remains 12.23% below its recent high of Rs 651.90 touched on 4 June 2026. Despite the recent pullback, the stock has surged 46.79% in the past month, 191.35% over the last three months and 471.74% so far in 2026. Meanwhile, NSE bulk deal data showed that Motilal Oswal Mutual Fund purchased 36.48 lakh shares, representing a 0.75% equity stake in the company, on 5 June 2026. The transaction was executed at Rs 619.07 per share. Sterlite Technologies provides advanced connectivity solutions and offers end-to-end products and services for AI-ready infrastructure, FTTx, rural broadband, enterprise and data centre networks. On a consolidated basis, the company reported a net profit of Rs 59 crore in Q4 FY26 compared with a net loss of Rs 40 crore in Q4 FY25. Revenue from operations increased 36.98% year-on-year to Rs 1,441 crore during the quarter. Powered by Capital Market - Live

The stock has declined 9.74% over the two trading sessions. Prior to the correction, Sterlite Technologies had surged 61.72% across 11 consecutive sessions. Despite the pullback, the stock remains up 224.63% over the past three months and has gained 474.33% so far in 2026. Meanwhile, data from the NSE showed that Motilal Oswal Mutual Fund acquired 36.48 lakh shares, representing a 0.75% equity stake in Sterlite Technologies, through a bulk deal on 05 June 2026. The transaction was executed at a price of Rs 619.07 per share. Sterlite Technologies is a global leader in advanced connectivity solutions, providing end-to-end solutions for building AI-ready infrastructure, FTTx, Rural, Enterprise and Data Centre networks. On a consolidated basis, Sterlite Technologies reported net profit of Rs 59 crore in Q4 March 2026 as against net loss of Rs 40 crore in Q4 March 2025. Net sales jumped 36.98% YoY to Rs 1441.00 crore in Q4 March 2026. Powered by Capital Market - Live

Sterlite Technologies Ltd fell 4.99% today to trade at Rs 619.35. The BSE Telecommunication index is down 0.34% to quote at 3673.38. The index is up 15.71 % over last one month. Among the other constituents of the index, HFCL Ltd decreased 3.02% on the day. The BSE Telecommunication index went up 21.97 % over last one year compared to the 8.36% fall in benchmark SENSEX. Sterlite Technologies Ltd has added 81.47% over last one month compared to 15.71% gain in BSE Telecommunication index and 4.27% drop in the SENSEX. On the BSE, 83659 shares were traded in the counter so far compared with average daily volumes of 6.11 lakh shares in the past one month. The stock hit a record high of Rs 651.9 on 04 Jun 2026. The stock hit a 52-week low of Rs 72.97 on 04 Jun 2025.Powered by Capital Market - Live

The total potential value of the contract is estimated at approximately $1.11 billion based on prevailing selling prices. The allocation covers optical connectivity product supply across FY27 to FY29, with purchase orders to be released periodically during the contract period. The agreement includes a reciprocal risk-sharing framework, defining capped financial liabilities for both parties in case of demand shortfalls or supply constraints. The contract is international in nature and is scheduled to be executed up to March 2029. The company stated that the promoter or promoter group has no interest in the awarding entity and that the contract does not fall under related-party transactions. Ankit Agarwal, managing director of STL, said, 'Under this agreement, STL, through its optical solutions, will support building AI data center infrastructure in the US for this hyperscaler. We are enabling a connectivity backbone for the AI data centers.' Sterlite Technologies is a global leader in advanced connectivity solutions, providing end-to-end solutions for building AI-ready infrastructure, FTTx, rural, enterprise, and data center networks. Data center & cloud companies, telecom operators, internet service providers, and large enterprises collaborate with the company to build their future-ready digital infrastructure. Shares of Sterlite Technologies rose 5% to settle at Rs 441.40 on 22 May 2026.Powered by Capital Market - Live

Sterlite Technologies announced the receipt of a multi year Product Award Letter (PAL) valued at more than $1Bn. Under this agreement, through one of its subsidiaries, STL will supply optical connectivity products to a hyperscaler for AI Data Centre build-outs.