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Sterlite Technologies moves higher on launching eco-labelled certified optical products

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

30 Oct 2023 Evaluate

Sterlite Technologies is currently trading at Rs. 140.70, up by 4.95 points or 3.65% from its previous closing of Rs. 135.75 on the BSE.

The scrip opened at Rs. 138.50 and has touched a high and low of Rs. 142.20 and Rs. 136.40 respectively. So far 169164 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. 128.50 on 27-Oct-2023.

Last one week high and low of the scrip stood at Rs. 166.35 and Rs. 128.50 respectively. The current market cap of the company is Rs. 5576.12 crore.

The promoters holding in the company stood at 54.00%, while Institutions and Non-Institutions held 7.36% and 38.64% respectively.

Sterlite Technologies (STL) has become the ‘first in the world’ to launch a range of Eco-labelled Certified Optical Products. This range of optical products is recognised by US-based Sphera, an ESG performance consulting services company, and verified by Metsims Sustainability Consulting, a global sustainability consulting firm.

Third-party verification of an ecolabel is of utmost importance as it adds credibility and trust to the environmental claims made by the company. This reputable third-party certification places STL’s sustainability efforts in the top quadrant of environmental leadership, classifying its gold-rated products as ‘Sustainable and Green’. This achievement attests to STL’s ingenuity towards bonafide sustainable practices in an era where greenwashing concerns are becoming commonplace.

These ISO 14024 and EU guidelines compliant Ecolabels granted to STL’s products are multi-attribute in nature, which means they cover many distinct environmental parameters such as energy use, chemical use, recycling, and more. Post rigorous, multi-attribute evaluation, STL’s products exhibited robust performance.

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 moves higher on launching eco-labelled certified optical products

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