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Sterlite Technologies gains as its arm commissions two lines, two substations of BDTCL

09 Dec 2014 Evaluate

Sterlite Technologies is currently trading at Rs. 68.30, up by 0.60 points or 0.89% from its previous closing of Rs. 67.70 on the BSE.

The scrip opened at Rs. 68.10 and has touched a high and low of Rs. 69.30 and Rs. 68.10 respectively. So far 60845 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 79.30 on 18-Nov-2014 and a 52 week low of Rs. 19.05 on 03-Mar-2014.

Last one week high and low of the scrip stood at Rs. 72.50 and Rs. 66.70 respectively. The current market cap of the company is Rs. 2667.19 crore.

The promoters holding in the company stood at 54.69 % while Institutions and Non-Institutions held 11.25 % and 34.04 % respectively.

Sterlite Technologies’ subsidiary - Sterlite Grid (SGL) has achieved another milestone with the successful commissioning of two lines and two substations of Bhopal Dhule Transmission Company (BDTCL). BDTCL is a wholly owned special purpose vehicle of SGL and is executing a set of transmission lines and substations for the strengthening of the national grid. The company commissioned and put into operation two 765 kV Substations each having capacity of 3000 MW at Bhopal and Dhule and 765kV single circuit transmission lines connecting Bhopal to Indore and Dhule to Aurangabad.

This network will facilitate the transfer of up to 5000 MW of electricity from the coal-belt in the east, to the energy hungry regions of western and northern India. This network will also provide energy stability to the industrial belts of Indore, Dewas and Aurangabad.

Sterlite Technologies develops & delivers products, solutions and infrastructure for telecom & power transmission networks, globally.

Sterlite Technologie Share Price

294.95 -3.10 (-1.04%)
30-Apr-2026 16:59 View Price Chart
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