Sterlite Technologies Ltd

Sterlite Technologies Ltd. rises 1.11% to Rs 920.0 as the stock has gained 11.68% over the last week. Sterlite Technologies Limited announced that a wholly-owned subsidiary has secured a Long-Term Supply Agreement (LTSA) with a hyperscale partner, with a total potential value estimated at approximately Rs 1.2 billion (USD 1.2 billion) over its tenure from Calendar Year 2026 to Calendar Year 2030. The agreement, which involves the supply of optical connectivity products, establishes a reciprocal risk-sharing framework and is expected to be executed by December 2030. Trading volume reached 20.95 lakh shares today, a surge of 103.44% compared to the average volume over the last one week. Sterlite Technologies Ltd. soared by 656.77% year-over-year, outperforming the 8.09% loss recorded by the NIFTY50 index.

Sterlite Technologies Ltd rose 5% today to trade at Rs 908.9. The BSE Telecommunication index is up 1.37% to quote at 3609.84. The index is down 1.88 % over last one month. Among the other constituents of the index, HFCL Ltd increased 4.98% and Birla Cable Ltd added 4.02% on the day. The BSE Telecommunication index went up 29.29 % over last one year compared to the 9.65% fall in benchmark SENSEX. Sterlite Technologies Ltd has added 24.78% over last one month compared to 1.88% fall in BSE Telecommunication index and 5.76% drop in the SENSEX. On the BSE, 16204 shares were traded in the counter so far compared with average daily volumes of 2.28 lakh shares in the past one month. The stock hit a record high of Rs 910 on 15 Sep 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.

Sterlite Technologies Ltd gained 5% today to trade at Rs 787.65. The BSE Telecommunication index is up 1.18% to quote at 3718.93. The index is up 3.53 % over last one month. Among the other constituents of the index, STL Networks Ltd increased 4.99% and HFCL Ltd added 4.99% on the day. The BSE Telecommunication index went up 33.58 % over last one year compared to the 5.46% fall in benchmark SENSEX. Sterlite Technologies Ltd has added 23.31% over last one month compared to 3.53% gain in BSE Telecommunication index and 2.79% drop in the SENSEX. On the BSE, 40047 shares were traded in the counter so far compared with average daily volumes of 1.16 lakh shares in the past one month. The stock hit a record high of Rs 787.65 on 07 Sep 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.

Sterlite Technologies Ltd announced that Crisil has upgraded its rating from AA- to AA for its long-term instruments and reaffirmed the ratings for its short-term instruments; specifically, the rating for Bank Loan Facilities, reduced from Rs. 4045 crore to Rs. 3564 crore, is now Crisil AA/Stable (upgraded from 'Crisil AA-/Stable'), while Non-Convertible Debentures amounting to Rs. 200.00, Rs. 90.00, and Rs. 100.00 also carry a rating of Crisil AA/Stable (upgraded from 'Crisil AA-/Stable'), and Commercial Paper of Rs. 100.00 holds a rating of Crisil A1+ (reaffirmed), with a separate Commercial Paper issuance of Rs. 700.00 having its rating withdrawn.

Sterlite Technologies Ltd gained 3.71% today to trade at Rs 750. The BSE Telecommunication index is up 0.36% to quote at 3718.12. The index is up 4.07 % over last one month. Among the other constituents of the index, STL Networks Ltd increased 1.17% and HFCL Ltd added 1.09% on the day. The BSE Telecommunication index went up 33.8 % over last one year compared to the 3.51% fall in benchmark SENSEX. Sterlite Technologies Ltd has added 34.77% over last one month compared to 4.07% gain in BSE Telecommunication index and 1.39% drop in the SENSEX. On the BSE, 32705 shares were traded in the counter so far compared with average daily volumes of 1.53 lakh shares in the past one month. The stock hit a record high of Rs 759 on 31 Aug 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.

Sterlite Technologies Limited announced it has signed a long-term supply agreement with a leading international hyperscaler, commencing in Calendar Year 2027 and extending through CY2029, with a potential extension of two years. The contract, valued at approximately USD 288 million, involves the supply of high-density optical fibre cable products and establishes a reciprocal risk-sharing framework for demand and supply fluctuations. The company disclosed the agreement on August 29, 2026, in compliance with SEBI Listing Regulations.

Sterlite Technologies Limited announced an update on ongoing litigation, reporting that the Department of Telecommunications (DoT) initially issued a demand notice for Rs 8.56 Crores in August 2020, alleging a violation of the terms of its IP-I Registration; however, the company successfully secured an arbitral award dated May 17, 2023, which quashed the demand, and the Hon’ble High Court of Delhi subsequently dismissed DoT’s petition challenging the award, resulting in zero financial or operational exposure for the company.

Sterlite Technologies Limited announced it has received an international order from a leading telecom infrastructure company for a long-term supply agreement of high-density optical fiber cable, spanning the calendar years 2027-2029, with a broad consideration of approximately USD 210 million. The company disclosed the information on August 5, 2026, in compliance with SEBI Listing Regulations, noting that neither the promoter group nor any group companies have an interest in the entity awarding the order, and the transaction does not constitute a related party transaction.

Net profit of Sterlite Technologies rose 1870.00% to Rs 197.00 crore in the quarter ended June 2026 as against Rs 10.00 crore during the previous quarter ended June 2025. Sales rose 87.44% to Rs 1910.00 crore in the quarter ended June 2026 as against Rs 1019.00 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales1910.001019.00 87 OPM %20.1612.95 - PBDT342.0090.00 280 PBT257.0013.00 1877 NP197.0010.00 1870 Powered by Capital Market - Live

Sterlite Technologies announced that the Annual General Meeting(AGM) of the company will be held on 19 August 2026.