NSE: STLTECH · 27 October 2026
- Sterlite Technologies has risen 10.19% over 2 trading sessions; today's move is +5.00%.
- Sterlite Technologies announced its financial results for the quarter ended September 30, 2026, reporting the highest-ever quarterly revenue of ₹2,529 crore and an EBITDA of ₹846 crore. The performance was supported by strong optical connectivity demand and a net debt-free balance sheet position. The company's open order book reached a record ₹35,274 crore.
- Trading volume was 0.97 times the 20-day average daily volume.
Sterlite Technologies share price: 10.19% rise over 2 trading sessions
Sterlite Technologies Ltd. shares advanced 5.00% today, trading near the upper end of the session's range between an intraday low of ₹881.10 and a high of ₹910.90.
The broader market exhibited a flat-to-negative tone, with the Nifty benchmark easing 0.02% and the Nifty IT sector benchmark declining by 0.48%. Against this muted sector backdrop, Sterlite Technologies demonstrated notable outperformance, building on a positive 20-day return trend of 8.80%.
The move comes on the heels of significant operational milestones reported by the company, including a record-breaking Q2 FY27 performance with revenue reaching ₹2,529 crore and an all-time high open order book standing at ₹35,274 crore. Additionally, recent large-scale contract wins—such as a multi-year long-term supply agreement valued at approximately US$ 1.2 billion with a hyperscale partner—continue to provide fundamental context for investor sentiment.
23.08 lakh shares traded by 27 October 2026 · 02:55 PM IST. This compares with a 20-day average daily volume of 23.83 lakh shares (0.97 times). The five-day average daily volume was 30.63 lakh shares. The same report recorded 76,110 trades.
The stock's 5.00% gain aligns with ongoing positive sentiment following record financial results and massive multi-year international contract wins, coupled with steady cash trading participation.
Latest Company Developments
Sterlite Technologies announced its financial results for the quarter ended September 30, 2026, reporting the highest-ever quarterly revenue of ₹2,529 crore and an EBITDA of ₹846 crore. The performance was supported by strong optical connectivity demand and a net debt-free balance sheet position. The company's open order book reached a record ₹35,274 crore.
Demonstrates substantial top-line growth and margin expansion, reinforcing execution visibility across major global optical network deployments.
A wholly owned subsidiary of Sterlite Technologies secured a Long-Term Supply Agreement with an international hyperscale partner. The total estimated value of the contract over its tenure through December 2030 is approximately US$ 1.2 billion, covering optical connectivity products under a reciprocal risk-sharing framework.
Secures a massive long-term revenue pipeline from international cloud infrastructure builders, validating the company's AI-ready product strategy.
The company expanded its Neuralis portfolio by launching plenum-rated fiber trunk assemblies specifically engineered for AI data center connectivity. The new offerings are designed to meet rigorous safety and high-density performance requirements in modern hyperscale data environments.
Strengthens product positioning within fast-growing AI data center infrastructure markets, supporting higher-value solution sales.
Sterlite Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Sterlite Technologies Limited launches Plenum-rated Fiber Trunk Assemblies for AI Data Center Connectivity.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 12.31% on 30 September 2026. This compares with 11.33% on 1 July 2026, a change of +0.98 percentage points.
The filing reported 25 MF/UTI holders.
Research & Brokerage Views
Retained 'Outperform' rating noting that expanding involvement in AI data centres could power the company's next growth phase.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on the ₹35,274 crore open order book and scheduled delivery milestones for the US$ 1.2 billion hyperscaler agreement.
- Utilization updates regarding proceeds from the recent QIP and preferential warrant issues as monitored by CARE Ratings.
- Volume and delivery participation trends to verify institutional accumulation near the ₹910 price level.
- Adoption rates of newly launched Neuralis pre-terminated fiber trunk assemblies in AI data center markets.
Other Dated Coverage
More Sterlite Technologies news and dated analysis →
Frequently Asked Questions
What is the latest Sterlite Technologies company news?
Sterlite Technologies announced its financial results for the quarter ended September 30, 2026, reporting the highest-ever quarterly revenue of ₹2,529 crore and an EBITDA of ₹846 crore. The performance was supported by strong optical connectivity demand and a net debt-free balance sheet position. The company's open order book reached a record ₹35,274 crore.
How strong was Sterlite Technologies’s trading volume?
23.08 lakh shares traded, 0.97 times the 20-day average daily volume. The price and volume data are dated 27 October 2026 · 02:55 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.