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Sterlite Tech shares gain 4% on Rs 1,760 crore international order win

Sterlite Technologies' shares saw a 4% increase following the announcement of a significant international order win valued at Rs 1,760 crore. The three-year contract is for high-density optical fibre cables, bolstering the company's global order book. This strategic win enhances revenue visibility and underscores Sterlite Tech's strengthening position in the telecommunications infrastructure market.

Key points
  • Sterlite Technologies' shares saw a 4% increase following the announcement of a significant international order win valued at Rs 1,760 crore.
The Times of IndiaAug 6, 20265 min read