Sterlite Technologies Stock Price Again In Green Today
By Shishta Dutta | Published at: Jun 19, 2025 03:53 PM IST
Mumbai, June 19, 2025 —Sterlite Technologies Ltd (NSE: STLTECH) shares are again in green today. The positive momentum is driven by company’s strategy to expand into AI-driven data center market.
Shares of Sterlite Technologies Ltd (NSE: STLTECH) soared 3.03% intraday, reaching ₹107.72, and maintained their upward momentum at ₹105.78 as of 11:58 AM IST. The stock’s impressive rise follows a series of strategic milestones, including securing a ₹2,631 crore contract for the BharatNet project and unveiling next-generation AI data centre solutions. With a solid 11.6% gain over the last five trading sessions, STLTECH continues to attract investor attention.
Stock Performance Overview (10:21 AM IST)
| Metric | Value |
|---|---|
| Current Price | ₹₹105.78 |
| Day’s Gain | ₹3.17 (+3.03%) |
| 1-Week Gain | +11.6% |
| 52-Week High / Low | ₹155.05 / ₹58.86 |
| VWAP (Today) | ₹111.04 |
| Traded Volume (Lakhs) | 256.14 |
| Market Cap | ₹5,256.04 Cr |
Order Book Snapshot (10:21 AM IST)
| Bid Price (₹) | Qty | Ask Price (₹) | Qty |
|---|---|---|---|
| 107.70 | 224 | 107.71 | 320 |
| 107.68 | 1,000 | 107.72 | 361 |
| 107.67 | 250 | 107.75 | 26 |
| 107.66 | 202 | 107.76 | 574 |
| 107.65 | 50 | 107.77 | 865 |
- Total Buy Quantity: 7,25,647
- Total Sell Quantity: 18,78,160
Key Triggers Behind the Rally
₹2,631 Cr BharatNet Contract with BSNL
STL and Dilip Buildcon signed a big deal with BSNL on June 11, 2025, worth ₹2,631.14 crore. The project includes designing, supplying, installing, and maintaining BharatNet’s middle-mile network across Jammu & Kashmir and Ladakh (Package 13). This is a large and important area.
| Component | Value (₹ Cr.) |
|---|---|
| Capex | 1,620.50 |
| Opex (New Network, 10 yrs) | 972.30 |
| Opex (Existing Network) | 38.33 |
| Total (Incl. GST) | 2,631.14 |
The project will be novated to STL Networks Limited following its demerger.
New AI-Focused Data Centre Launch
STL also unveiled a comprehensive Data Centre portfolio on June 16, 2025, aimed at addressing AI infrastructure demands. The offering includes:
- Pre-terminated fibre and copper cabling
- Celesta high-density IBR tech
- Compliance with ANSI/TIA-942, ISO 11801
- 25-year performance warranty
“In today’s AI-driven era, data centre solutions aren’t just about moving data—they’re about enabling intelligence at scale,” said Rahul Puri, CEO, Optical Networking Business.
About Sterlite Technologies Ltd
Sterlite Technologies Ltd, listed since December 2000, operates under the Telecom – Equipment & Accessories segment and is part of the NIFTY Total Market Index. The company builds end-to-end network solutions for 5G, FTTx, rural broadband, and data centres.
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