Sterlite Technologies Share Price Jumped for the Second Consecutive Day on Data Centre Launch Buzz

On June 17, Sterlite Technologies share price jumped over 11% for the second consecutive day after the company introduced its new range of Data Centre solutions. The stock rose as much as 11.33% to ₹92.80 on the BSE.

New Data Centre Solutions Announced

Sterlite Technologies, known for its optical and digital solutions, launched a next-generation lineup of Data Centre offerings. These include everything from cabling systems to complete end-to-end connectivity solutions.

Designed for Modern Infrastructure

According to the company’s June 16 press release, the new solutions are tailored to meet the demands of hyperscalers, colocation providers, enterprises, and telecom companies. The goal is to help build fast, flexible, and eco-friendly Data Centre infrastructure.

Fibre and Copper Cabling Solutions

The new offering includes high-performance fibre and copper cabling, ideal for data centres, office campuses, and modern buildings. The copper systems provide secure and reliable data, AV, and security connections, while the fibre solutions ensure high-speed, low-latency networks.

Exclusive Partnership with Tech Data

Sterlite Technologies has teamed up with Tech Data – India, a subsidiary of TD SYNNEX, as its exclusive distributor in India. Tech Data will help make STL’s solutions available across the country and assist in expanding globally.

Enhancing Reach and Efficiency

Bejoy Thekkekara, Senior Director at Tech Data India, said that the company’s wide distribution network and financial services, like Tech Data Capital, will support STL’s growth and competitiveness in the market.

About Sterlite Technologies Limited

Sterlite Technologies Limited, based in Pune, is an Indian company specialising in optical and digital technology. The company holds 636 patents and operates in more than 150 countries worldwide.

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Sterlite Technologies Share Price Movement

As of 9:57 AM on June 17, 2025, Sterlite Technologies share price was trading at ₹110.90, up by ₹11.52 or 11.59%. The stock opened at ₹103.00 and touched an intraday high of ₹110.49, with a low of ₹103.00. The company’s market capitalisation stood at ₹5,350 crore. It currently has no reported P/E ratio or dividend yield. The stock’s 52-week high is ₹155.05, while its 52-week low is ₹58.86.

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