Sterlite Technologies is currently trading at Rs. 274.10, up by 1.65 points or 0.61% from its previous closing of Rs. 272.45 on the BSE.
The scrip opened at Rs. 275.75 and has touched a high and low of Rs. 276.40 and Rs. 272.65 respectively. So far 22909 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 318.00 on 22-Jul-2021 and a 52 week low of Rs. 139.20 on 25-Sep-2020.
Last one week high and low of the scrip stood at Rs. 281.15 and Rs. 265.65 respectively. The current market cap of the company is Rs. 10954.71 crore.
The promoters holding in the company stood at 54.36%, while Institutions and Non-Institutions held 15.77% and 29.87% respectively.
Sterlite Technologies (STL) has launched Accellus, its flagship solution for 5G-ready, open and programmable networks. This new product line elevates STL’s position as a disruptive solution provider for Access and Edge networks. Over the past 5 years, STL has been investing in R&D to expand its capabilities in converged networks based on optical fiber broadband and Open Radio Access Network (Open RAN).
STL’s Accellus is built on this industry leading converged optical-radio architecture. The company expects global adoption of this solution to accelerate at a rate of 250% YOY, driving better TCO for customers and gross margins for shareholders. Accellus will enable four core benefits for network creators - scalable & agile operations, faster time-to-market, lower TCO and greener networks.
Sterlite Technologies is an industry-leading integrator of digital networks.
