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Sterlite Technologies rises on being selected for Kakinada Smart City Project

Sterlite Technologies Ltd. | Cable | Capital Goods & Industrial Consumables | BSE: 532374 | NSE: STLTECH

27 Jun 2017 Evaluate

Sterlite Technologies is currently trading at Rs. 149.60, up by 3.35 points or 2.29% from its previous closing of Rs. 146.25 on the BSE.

The scrip opened at Rs. 151.00 and has touched a high and low of Rs. 152.90 and Rs. 149.25 respectively. So far 84,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 170.00 on 17-May-2017 and a 52 week low of Rs. 73.85 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 155.95 and Rs. 145.00 respectively. The current market cap of the company is Rs. 5,978.00 crore.

The promoters holding in the company stood at 54.49%, while Institutions and Non-Institutions held 18.40% and 27.11% respectively.

Sterlite Technologies has been selected for the implementation of Smart City solutions in Kakinada, Andhra Pradesh, India. As part of the project, the company will design, build and manage the Kakinada Smart City for the next six years.

Kakinada was chosen among the first 20 cities in the first phase of the Smart City Mission. The project aims to bring transformational changes in the everyday living experiences of over 3.25lakh citizens of Kakinada, through real-time governance and efficient delivery of citizen services.

Sterlite Technologies is a global technology leader that designs, builds and manages smarter digital networks. It is engaged in six continents and more than 100 countries, with a digital networks focused business panning across products, services and software - optical communication products, network & system integration services and OSS/BSS software solutions.

Sterlite Technologie Share Price

262.45 6.80 (2.66%)

17-Apr-2026 16:59 View Price Chart

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Sterlite Technologies rises on being selected for Kakinada Smart City Project

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