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Sterlite Technologies surges on entering into strategic collaboration with Openreach

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

15 Apr 2021 Evaluate

Sterlite Technologies is currently trading at Rs. 223.50, up by 6.70 points or 3.09% from its previous closing of Rs. 216.80 on the BSE.

The scrip opened at Rs. 222.00 and has touched a high and low of Rs. 227.80 and Rs. 220.25 respectively. So far 24011 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 238.00 on 08-Apr-2021 and a 52 week low of Rs. 77.90 on 15-Apr-2020.

Last one week high and low of the scrip stood at Rs. 238.00 and Rs. 210.10 respectively. The current market cap of the company is Rs. 8598.90 crore.

The promoters holding in the company stood at 54.59 % while Institutions and Non-Institutions held 11.84 % and 33.57 % respectively

Sterlite Technologies (STL) has entered into a strategic collaboration with Openreach, the UK’s largest digital network business. Openreach has chosen STL as a key partner to provide optical cable solutions for its new, ultra-fast, ultra-reliable ‘Full Fibre’ broadband network.

Under the partnership, STL will be responsible for delivering millions of kilometres of optical fibre cable to support the build over the next three years. Openreach has plans to use STL’s expertise and innovation to help accelerate its Full Fibre build programme and drive efficiency. This collaboration with Openreach strengthens a 14-year-old technology and supply relationship between the two companies and further reinforces STL’s commitment to the UK market.

Sterlite Technologies is an industry-leading integrator of digital networks.

Sterlite Technologie Share Price

268.95 6.50 (2.48%)

20-Apr-2026 09:25 View Price Chart

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Sterlite Technologies surges on entering into strategic collaboration with Openreach

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