Sterlite Technologies gains on launching FTTx MANTRA

29 Oct 2018

Sterlite Technologies is currently trading at Rs. 350.00, up by 4.80 points or 1.39% from its previous closing of Rs. 345.20 on the BSE.

The scrip opened at Rs. 350.00 and has touched a high and low of Rs. 351.00 and Rs. 344.60 respectively.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 414.50 on 24-Jan-2018 and a 52 week low of Rs. 255.60 on 06-Jun-2018.

Last one week high and low of the scrip stood at Rs. 351.00 and Rs. 317.20 respectively. The current market cap of the company is Rs. 13885.60 crore.

The promoters holding in the company stood at 53.86%, while Institutions and Non-Institutions held 19.55% and 26.59% respectively.

Sterlite Technologies has launched all new - FTTx MANTRA - an end-to-end FTTx-as-a-service solution. This solution allows swift roll-out of Fibre-to-the-Point (FTTx) networks at the scale, latency and agility needed to suit all future requirements of 5G, Internet of Things (IoT) applications, for global communication service providers, data centres and citizen networks.

Uniting design innovation and expertise in service engineering onto a single technology platform, the company's indigenously developed FTTx MANTRA - Massive Agile Network Transformation, brings together the power of five I's: Ingenious optical-fibre products, Integrated network design, Innovative virtualisation, Inclusive approach to hyper-scale network deployment, Intelligent software solutions that use analytics and Big Data.

Sterlite Technologies is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software.

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Sterlite Technologie Share Price

129.25 -1.85 (-1.41%) Jan 22, 18:01
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