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Sterlite Technologies Ltd fell 1.12% today to trade at Rs 858. The BSE Telecommunication index is down 0.19% to quote at 3738.29. The index is up 4.77 % over last one month. Among the other constituents of the index, HFCL Ltd decreased 1.02% and GTL Infrastructure Ltd lost 0.85% on the day. The BSE Telecommunication index went up 32.7 % over last one year compared to the 8.21% fall in benchmark SENSEX.
Sterlite Technologies Ltd has added 38.61% over last one month compared to 4.77% gain in BSE Telecommunication index and 4.37% drop in the SENSEX. On the BSE, 5664 shares were traded in the counter so far compared with average daily volumes of 2.01 lakh shares in the past one month. The stock hit a record high of Rs 869.8 on 10 Sep 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.
Sterlite Technologies (STL) announced an update to its data center portfolio with Optical Fiber Nonconductive Plenum (OFNP) US certification for 48 to 576F Intermittently Bonded Ribbon (IBR) pre-terminated assembly portfolio. These factory-built cable assemblies are critical to support the AI-led Data Center market requirements with connectors installed, polished, and tested for high performance, preventing the need for field splicing and equipment resulting in fast installation and lowered cost.
With this certification, STL is now among the global AI ready infrastructure providers for NFPA 262-qualified indoor cable assemblies. The Plenum certified cable assembly portfolio is purpose-built for indoor applications, targeting specialised deployment inside hyperscale, colocation, and enterprise data center containment zones. Optimised for tight routing environments, these cables enable operators to scale bandwidth within restricted duct spaces without compromising safety compliance.
The rally follows the company's 3 September 2026 approval of a major capacity expansion at its existing manufacturing facility. The company plans to increase installed manufacturing capacity by approximately 50% by the end of FY29.
Sterlite Technologies plans to invest around Rs 3,000 crore in the expansion. The investment will be funded through internal accruals and/or debt. Existing capacity utilisation stands at around 70%. The company has not disclosed its installed capacity, citing commercial sensitivity.
The expansion is aimed at meeting rising global demand for optical fibre cables and connectivity solutions. The company said it will also strengthen its manufacturing capabilities.
Sterlite Technologies recently secured a long-term contract worth approximately $288 million from a leading hyperscaler. Under the three-year agreement, it will supply high-density optical fibre cable products from CY2027 to CY2029. The contract can be extended by two years with mutual consent.
Sterlite Technologies provides end-to-end connectivity solutions for AI-ready infrastructure, FTTx, rural, enterprise and data centre networks. Its customers include data centre and cloud companies, telecom operators, internet service providers and large enterprises.
At its 3 September investor meeting, the company unveiled its Lakshya growth roadmap. It targets revenue of Rs 20,000 crore by FY29, compared with Rs 4,745 crore in FY26. It also aims for an EBITDA margin of over 27%, against 13.2% in FY26. The company has an open order book of over $2 billion.
Sterlite Technologies said Q1 FY27 was its strongest quarter ever. Consolidated net profit surged 1,870% YoY to Rs 197 crore from Rs 10 crore, while revenue from operations rose 87.4% YoY to Rs 1,910 crore from Rs 1,019 crore.
Sterlite Technologies Ltd gained 5% today to trade at Rs 827. The BSE Telecommunication index is up 0.72% to quote at 3760.04. The index is up 4.67 % over last one month. Among the other constituents of the index, STL Networks Ltd increased 4.99% and HFCL Ltd added 4.47% on the day. The BSE Telecommunication index went up 34.1 % over last one year compared to the 5.96% fall in benchmark SENSEX.
Sterlite Technologies Ltd has added 29.47% over last one month compared to 4.67% gain in BSE Telecommunication index and 3.22% drop in the SENSEX. On the BSE, 3.02 lakh shares were traded in the counter so far compared with average daily volumes of 1.33 lakh shares in the past one month. The stock hit a record high of Rs 827 on 08 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 1.29% to quote at 3722.84. The index is up 3.64 % over last one month. Among the other constituents of the index, STL Networks Ltd increased 4.82% and HFCL Ltd added 4.11% on the day. The BSE Telecommunication index went up 33.72 % over last one year compared to the 5.28% fall in benchmark SENSEX.
Sterlite Technologies Ltd has added 23.31% over last one month compared to 3.64% gain in BSE Telecommunication index and 2.62% drop in the SENSEX. On the BSE, 21747 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 plans to increase its installed manufacturing capacity by approximately 50%. The expansion is expected to be completed by the end of FY29.
The company plans to invest around Rs 3,000 crore in the expansion. The investment will be funded through internal accruals and/or debt.
The existing capacity utilisation stands at around 70%. Sterlite Technologies did not disclose its existing installed capacity, citing the commercially sensitive and competitive nature of the information.
The company said the proposed expansion will help cater to anticipated growth in demand and strengthen its manufacturing capabilities.
The company recently secured a long-term contract worth approximately $288 million with a leading hyperscaler. Under the three-year agreement, the company will supply high-density optical fibre cable products from CY2027 to CY2029, with purchase orders to be released periodically. The contract can be extended by two years with mutual consent.
During its investor meeting on 3 September 2026, Sterlite Technologies unveiled its Lakshya growth roadmap. The company aims to achieve revenue of Rs 20,000 crore by FY29, more than four times the Rs 4,745 crore reported in FY26. It is also targeting an EBITDA margin of over 27% by FY29, compared with 13.2% in FY26. Sterlite Technologies has an open order book of over $2 billion, providing revenue visibility.
The company said Q1 FY27 was its strongest quarter ever, with record revenue and profit after tax. Its consolidated net profit surged 1,870% year on year (YoY) to Rs 197 crore in Q1 FY27, compared with Rs 10 crore in the corresponding quarter last year. Revenue from operations jumped 87.4% YoY to Rs 1,910 crore from Rs 1,019 crore in Q1 FY26.
The agreement also establishes a reciprocal risk-sharing framework, with capped financial liabilities for both parties in the event of demand shortfalls or supply-capacity shortages.
The contract will remain in force for three calendar years, from CY2027 to CY2029, and may be extended by a further two years with the mutual consent of both parties.
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. data centre & cloud companies, telecom operators, internet service providers and large enterprises collaborate with the company to build their future-ready digital infrastructure.
The company's consolidated net profit surged 1,870% year on year (YoY) to Rs 197 crore in Q1 FY27, compared with Rs 10 crore in the corresponding quarter last year. Revenue from operations jumped 87.4% YoY to Rs 1,910 crore from Rs 1,019 crore in Q1 FY26.
Sterlite Technologies (STL), recently, has moved a significant share of its electricity sourcing away from conventional fossil-fuel-based grid power to ‘100% Green Power' generated from wind and solar sources. The transition covers four of the company's four manufacturing plants in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra. The shift has been enabled through Maharashtra State Electricity Distribution Company (MSEDCL). This transition is expected to deliver a ~65% market-based scope 2 emission reduction in OF & OFC plants, representing a significant reduction in the emissions across participating plants.
STL has integrated 100% Green Hydrogen into its glass manufacturing operations, a critical, energy-intensive step in optical fibre production that has historically relied on conventionally produced hydrogen and oxygen. This has enabled STL to decarbonize one of the most difficult-to-abate stages of the optical fibre value chain.
STL's decarbonisation journey also extends to its optical products, where the company has a range of Eco-labelled Certified Optical Products.
STL has updated its corporate mobility policy to accelerate the adoption of low carbon-emission vehicles. Under its Company Car Policy, STL has introduced dedicated incentives and significantly enhanced limits for employees opting for Electric and Hybrid vehicles. The company aims to systematically lower its Scope 3 operational carbon footprint and advance its broader ESG goals.
Sterlite Technologies Ltd gained 4.8% today to trade at Rs 693.9. The BSE Telecommunication index is up 0.61% to quote at 3691.64. The index is up 5.83 % over last one month. Among the other constituents of the index, HFCL Ltd increased 1.59% and Tejas Networks Ltd added 1.15% on the day. The BSE Telecommunication index went up 30.56 % over last one year compared to the 3.97% fall in benchmark SENSEX.
Sterlite Technologies Ltd has added 30.2% over last one month compared to 5.83% gain in BSE Telecommunication index and 1.06% rise in the SENSEX. On the BSE, 17329 shares were traded in the counter so far compared with average daily volumes of 1.54 lakh shares in the past one month. The stock hit a record high of Rs 693.9 on 27 Aug 2026. The stock hit a 52-week low of Rs 84.65 on 27 Jan 2026.