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STL Networks jumps on emerging as L1 bidder for Rs 555 crore contract

06 Nov 2026 Evaluate

STL Networks is currently trading at Rs. 39.52, up by 0.78 points or 2.01% from its previous closing of Rs. 38.74 on the BSE.

The scrip opened at Rs. 40.30 and has touched a high and low of Rs. 40.67 and Rs. 38.32 respectively. So far 526447 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 56.56 on 28-Sep-2026 and a 52 week low of Rs. 15.75 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 40.67 and Rs. 34.43 respectively. The current market cap of the company is Rs. 1931.60 crore.

The promoters holding in the company stood at 44.11%, while Institutions and Non-Institutions held 3.50% and 52.40% respectively.

STL Networks has emerged as Lowest Bidder (L1 Bidder) from Power Grid Corporation of India for implementation of Centralized Security Operations Centre for OT Assets of Substations (OT-SOC). The project is valued at Rs 555 crore, inclusive of taxes.

Earlier, the company had emerged as L1 bidder for a contract worth Rs 249.8 crore (inclusive of taxes) from Railtel Corporation of India.

STL Networks operates under the brand name 'Invenia'. Invenia is a leading digital infrastructure and IT services company. It enables telcos, government, defence, citizen networks, and large enterprises (in BFSI, Education, Mining, Energy, and Healthcare) across India and the UK with advanced capabilities in designing, building, managing, and transforming digital landscapes.

Peers
Company Name CMP
HFCL 209.95
Bondada Engineering 277.85
Pace Digitek 158.10
GTL Infrastructure 1.09
STL Networks 39.50
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