Sterlite Technologies is currently trading at Rs 60.35, up by 2.85 points or 4.96% from its previous closing of Rs 57.50 on the BSE.
The scrip opened at Rs. 59.20 and has touched a high and low of Rs. 60.35 and Rs. 59.20 respectively. So far 478677 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 73.50 on 24-Jun-2014 and a 52 week low of Rs. 17.25 on 22-Aug-2013.
Last one week high and low of the scrip stood at Rs. 60.25 and Rs. 52.45 respectively. The current market cap of the company is Rs. 2377.62 crore.
The promoters holding in the company stood at 54.71% while Institutions and Non-Institutions held 9.64% and 35.66% respectively.
Shares of Sterlite Technologies have hit the upper circuit on expectations that the integrated optical fibre company would be one of the key beneficiaries of the Digital India plan. The government on August 20, 2014 approved an umbrella programme Digital India comprising various projects worth about Rs 1 lakh crore to transform the country into a digitally empowered knowledge economy. This programme is a transformed version of the already running National e-Governance plan.
