Sterlite Technologies is currently trading at Rs. 166.95, up by 2.05 points or 1.24% from its previous closing of Rs. 164.90 on the BSE.
The scrip opened at Rs. 165.05 and has touched a high and low of Rs. 175.30 and Rs. 157.00 respectively. So far 368785 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 192.95 on 19-Dec-2022 and a 52 week low of Rs. 128.60 on 26-Jul-2022.
Last one week high and low of the scrip stood at Rs. 175.30 and Rs. 157.00 respectively. The current market cap of the company is Rs. 6796.41 crore.
The promoters holding in the company stood at 54.05%, while Institutions and Non-Institutions held 10.08% and 35.87% respectively.
Sterlite Technologies has received approval to raise funds by issue of equity shares, any financial instruments and/or security convertible into equity shares, combination of such securities by way of one or more public and/or private offerings, qualified institutions placements and/or preferential allotments and/or rights offering or any combination thereof or any other method in accordance with the provisions of applicable laws, for an aggregate consideration of up to Rs 1000 crore. The Board of Directors of the company at its meeting held on May 17, 2023, has approved the same.
Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.
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