Sterlite Technologies Ltd

Happiest Minds Technologies Ltd, CRISIL Ltd, Mazagon Dock Shipbuilders Ltd and Fineotex Chemical Ltd are among the other gainers in the BSE's 'A' group today, 17 June 2025.Sterlite Technologies Ltd soared 14.33% to Rs 113.66 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 215.78 lakh shares were traded on the counter so far as against the average daily volumes of 8.46 lakh shares in the past one month. Happiest Minds Technologies Ltd surged 8.85% to Rs 654.95. The stock was the second biggest gainer in 'A' group. On the BSE, 3.17 lakh shares were traded on the counter so far as against the average daily volumes of 36246 shares in the past one month. CRISIL Ltd spiked 5.32% to Rs 5702. The stock was the third biggest gainer in 'A' group. On the BSE, 8182 shares were traded on the counter so far as against the average daily volumes of 3150 shares in the past one month. Mazagon Dock Shipbuilders Ltd gained 4.92% to Rs 3321.4. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.38 lakh shares were traded on the counter so far as against the average daily volumes of 3.66 lakh shares in the past one month. Fineotex Chemical Ltd spurt 4.13% to Rs 273.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 17359 shares were traded on the counter so far as against the average daily volumes of 50749 shares in the past one month. Powered by Capital Market - Live

Team Lease Services Ltd, FDC Ltd, P I Industries Ltd and UTI Asset Management Company Ltd are among the other gainers in the BSE's 'A' group today, 16 June 2025.Sterlite Technologies Ltd surged 11.21% to Rs 92.69 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 24.16 lakh shares were traded on the counter so far as against the average daily volumes of 3.85 lakh shares in the past one month. Team Lease Services Ltd soared 5.66% to Rs 2090. The stock was the second biggest gainer in 'A' group. On the BSE, 1996 shares were traded on the counter so far as against the average daily volumes of 9752 shares in the past one month. FDC Ltd spiked 4.55% to Rs 497.8. The stock was the third biggest gainer in 'A' group. On the BSE, 1.6 lakh shares were traded on the counter so far as against the average daily volumes of 7381 shares in the past one month. P I Industries Ltd gained 4.02% to Rs 4134.7. The stock was the fourth biggest gainer in 'A' group. On the BSE, 50014 shares were traded on the counter so far as against the average daily volumes of 13127 shares in the past one month. UTI Asset Management Company Ltd jumped 3.96% to Rs 1273.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 8586 shares were traded on the counter so far as against the average daily volumes of 9253 shares in the past one month. Powered by Capital Market - Live

The key equity benchmarks continued to trade with small gains in morning trade, extending their positive momentum, despite rising geopolitical tensions between Israel and Iran. Investors will closely monitor crude oil prices, movements in money market and the outcome of the upcoming U.S. Federal Reserve meeting later this week. The Nifty traded above the 25,800 level. PSU Bank shares dropped for the fifth consecutive trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex added 243.22 points or 0.30% to 81,361.82. The Nifty 50 index rose 83.70 points or 0.34% to 25,802.10. The broader market underperformed the frontline indices, the S&P BSE Mid-Cap index fell 0.26% and the S&P BSE Small-Cap index dropped 0.81%. The market breadth was positive. On the BSE, 1,141 shares rose and 2,442 shares fell. A total of 263 shares were unchanged. Buzzing Index: The Nifty PSU Bank index fell 0.95% to 6,868.85. The index tumbled 4.71% in five consecutive trading sessions. Punjab & Sind Bank (down 2.86%), Indian Overseas Bank (down 2.8%), Central Bank of India (down 2.07%), Bank of India (down 1.87%), UCO Bank (down 1.72%), Bank of Maharashtra (down 1.71%), Union Bank of India (down 1.65%), Punjab National Bank (down 1.4%), Canara Bank (down 1.35%) and Bank of Baroda (down 1.05%) tumlbled. Stocks in Spotlight: Sterlite Technologies (STL) surged 10.95% after the company announced the launch of new generation data centre solutions, ranging from cabling to end-to-end connectivity offerings designed to meet the demands of AI-driven data centre. Godrej Properties (GPL) shed 0.01%. The company has announced the acquisition of a strategically located 14-acre land parcel in Hoskote, East Bengaluru, with an estimated revenue potential of Rs 1,500 crore from the proposed development. Kellton Tech Solutions declined 2.10%. The company said that its board has approved a proposal to split each equity share of the company having a face value of Rs 5 into five equity shares with a face value of Re 1 each. At the same meeting, the board of the company has also approved a proposal to raise funds through issue and allotment of up to 55 lakhs warrants, convertible into one equity share of face value of Rs 5 each, to certain promoter and non-promoter investors, on preferential basisPowered by Capital Market - Live

According to an exchange filing, this new-age solution is engineered to meet the requirements of hyperscalers, colocation providers, enterprises, and telecom service providers in building agile, scalable, and sustainable data centre infrastructure. The company stated that with the global data centre market projected to reach $517 billion by 2030'growing at a CAGR of 10.5% from 2021 to 2030'legacy infrastructure cabling systems are buckling under the pressure of lower latency demands, increasing network speeds, higher density requirements, and sustainability mandates. With this launch, STL aims to bridge the gap by leveraging its 30+ years of leadership in optical network connectivity. The company highlighted that its data centre products are designed and manufactured in state-of-the-art facilities, fully compliant with global standards such as ANSI/TIA-942, TIA-568, and ISO 11801. Each solution comes backed by a 25-year performance warranty, ensuring long-term reliability. STL's Data Centre solution includes high-performance fibre and copper cabling systems designed for modern buildings, campuses, and data centres. The copper systems ensure reliable data, security, and AV connectivity, while riser and campus fibre cabling support high-speed, low-latency networking for smart infrastructure. Pre-terminated multi-fibre systems with LC/MPO connectors offer scalable, space-efficient solutions ideal for data centres. STL Celesta, featuring high-density IBR technology, delivers a high-capacity, low-latency solution for scalable, future-ready inter-data centre connectivity. To boost its distribution network and accessibility across India, STL has entered into a strategic partnership with Tech Data ' India, a subsidiary of TD SYNNEX. Tech Data is a leading global IT distributor and solutions aggregator with a strong presence in over 70 cities across the country. Its extensive edge-to-cloud technology portfolio spans high-growth sectors such as cloud computing, artificial intelligence, cybersecurity, IoT, big data and analytics, mobility, and everything-as-a-service (XaaS). Rahul Puri, CEO, Optical Networking Business, STL, said, 'The future of data centres lies in architectures that balance scale, speed, and sustainability. In today's AI-driven era, data center solutions aren't just about moving data'they're about enabling intelligence at scale. At STL, we recognise that every data centre has unique requirements. We therefore pair our cutting-edge solutions with bespoke design services, ensuring each deployment meets every unique requirement and is on time. Together, we're not just building infrastructure; we're architecting the backbone for tomorrow's digital economy.' Bejoy Thekkekara, Senior Director, Networking, Tech Data India, said, As the exclusive distributor for STL in India, Tech Data leverages its global presence to enhance market reach and support future expansion into other geographies. Tech Data's capabilities and commitment lies in onboarding new partners, accelerating STL's go-to-market, and bolstering brand positioning through market insights based on our deep expertise in the IT channel and ecosystem. Additionally, Tech Data brings to the table supply chain efficiency, as well as essential financing support through our Tech Data Capital offering, empowering STL to thrive in a competitive landscape. Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise and data centre networks. On a consolidated basis, Sterlite Technologies reported net loss of Rs 40 crore in Q4 March 2025 as against net loss of Rs 82 crore in Q4 March 2024. Net sales rose 24.79% YoY to Rs 1052 crore in Q4 March 2025. Powered by Capital Market - Live

Sterlite Technologies has launched a new generation of Data Centre solutions, ranging from cabling to end-to-end connectivity offerings designed to power the relentless demands of AI-driven data centre infrastructure. This new-age solution is engineered to meet the exact requirements of hyperscalers, colocation players, enterprises and telecom service providers to build agile, scalable, and sustainable Data Centre infrastructure. With the global data centre market projected to reach USD 517 billion by 2030 (growing at a CAGR: 10.5% from 2021-2030), legacy infrastructure cabling systems are buckling under the demands for lower network latencies, rising network speeds and density requirements, as well as sustainability mandates. With this launch, STL bridges this gap by bringing to the core its 30+ years leadership in Optical network connectivity. STL's data centre products are designed, manufactured, and tested in a state-of-the-art manufacturing facility, meeting international standards. STL's solutions are fully compliant with ANSI/TIA-942, TIA-568 and ISO 11801 standards and backed by a 25-year performance warranty, ensuring reliability.Powered by Capital Market - Live

The contract, part of Package 13 under the BharatNet initiative, was awarded to STL in consortium with Dilip Buildcon. It includes the design, supply, construction, installation, upgradation, operation, and maintenance of the optical fiber network across the two telecom circles. The project entails a three-year construction timeline followed by a ten-year maintenance period, with annual fees set at 5.5% of capex for the first five years and 6.5% for the next five. Following the demerger of STL's Global Services Business, effective 31 March 2025, the contract will be transferred to STL Networks, as per a scheme approved by the NCLT, Mumbai. Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise and data centre networks. On a consolidated basis, Sterlite Technologies reported net loss of Rs 40 crore in Q4 March 2025 as against net loss of Rs 82 crore in Q4 March 2024. Net sales rose 24.79% YoY to Rs 1052 crore in Q4 March 2025. Powered by Capital Market - Live

Sterlite Technologies Ltd gained 13.42% today to trade at Rs 87.4. The BSE Telecommunication index is up 0.81% to quote at 3041.73. The index is up 6.6 % over last one month. Among the other constituents of the index, Bharti Hexacom Ltd increased 1.45% and Tata Teleservices (Maharashtra) Ltd added 1.08% on the day. The BSE Telecommunication index went up 2.65 % over last one year compared to the 7.79% surge in benchmark SENSEX. Sterlite Technologies Ltd has added 24.95% over last one month compared to 6.6% gain in BSE Telecommunication index and 1.75% rise in the SENSEX. On the BSE, 2.33 lakh shares were traded in the counter so far compared with average daily volumes of 1.61 lakh shares in the past one month. The stock hit a record high of Rs 109.09 on 30 Jul 2024. The stock hit a 52-week low of Rs 50.7 on 07 Apr 2025.Powered by Capital Market - Live

Sterlite Technologies, through its Global Services Business (the demerged business vertical), in consortium with Dilip Buildcon , has entered into an Agreement with Bharat Sanchar Nigam (BSNL) on 11 June 2025. The agreement pertains to the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under BharatNet for the Jammu & Kashmir and Ladakh Telecom Circles - Package 13 (Agreement). The value of the project is  Rs 2631.14 crore (inclusive of GST) (Capex - Rs 1620.50 crore, Opex for newly constructed network Rs 972.30 crore and Opex for existing network Rs 38.33 crore). It is to be noted that pursuant to the Scheme of Arrangement approved by the Hon'ble National Company Law Tribunal, Mumbai, vide order dated 14 February 2025, STL's Global Services Business has been demerged into STL Networks, effective from the close of business hours on March 31, 2025. Accordingly, the Agreement will be novated in favour of STL Networks upon completion of the necessary formalities. Powered by Capital Market - Live

Net Loss of Sterlite Technologies reported to Rs 40.00 crore in the quarter ended March 2025 as against net loss of Rs 82.00 crore during the previous quarter ended March 2024. Sales rose 24.79% to Rs 1052.00 crore in the quarter ended March 2025 as against Rs 843.00 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 123.00 crore in the year ended March 2025 as against net loss of Rs 51.00 crore during the previous year ended March 2024. Sales declined 2.13% to Rs 3996.00 crore in the year ended March 2025 as against Rs 4083.00 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1052.00843.00 25 3996.004083.00 -2 OPM %11.883.68 -10.4111.61 - PBDT81.00-27.00 LP 211.00238.00 -11 PBT2.00-108.00 LP -105.00-76.00 -38 NP-40.00-82.00 51 -123.00-51.00 -141 Powered by Capital Market - Live

The Board of Sterlite Technologies at its meeting held on 16 May 2025 has not recommended any dividend for the financial year ended 31 March 2025. Powered by Capital Market - Live