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Sterlite Technologies gains on winning Rs 250 crore deal for building, maintaining data centres

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

03 Aug 2023 Evaluate

Sterlite Technologies is currently trading at Rs. 147.75, up by 1.10 points or 0.75% from its previous closing of Rs. 146.65 on the BSE.

The scrip opened at Rs. 146.05 and has touched a high and low of Rs. 148.70 and Rs. 145.80 respectively. So far 121047 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. 142.00 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 152.50 and Rs. 145.25 respectively. The current market cap of the company is Rs. 5856.50 crore.

The promoters holding in the company stood at 54.05%, while Institutions and Non-Institutions held 9.15% and 36.80% respectively.

Sterlite Technologies (STL) has won around Rs 250 crore deal for building and maintaining data centres for a public sector entity. In this multi-year agreement, STL will design, build, commission, and maintain 2 data centre facilities, with service deployment across multiple network sites across India.

STL will also be responsible for 3 years of operations & management to ensure the reliable functioning of the envisaged project. This critical project will require seamless operations, 24X7 availability and a high level of intelligence to facilitate mission-critical business applications.

STL's technology-led Data Centre connectivity and management solution is custom-designed to create intelligent and automated systems to run, monitor and protect the data centres, enabling new-age applications with advanced Cyber security solutions.

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G 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 gains on winning Rs 250 crore deal for building, maintaining data centres

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