NSE: STLTECH · 3 November 2026
- Sterlite Technologies has fallen 12.88% over 3 trading sessions; today's move is -3.47%.
- Sterlite Technologies announced its financial results for the quarter ended September 30, 2026, reporting a record revenue of ₹2,529 crore and an EBITDA of ₹846 crore, supported by robust demand for AI-ready digital infrastructure. The company also highlighted an all-time high open order book standing at ₹35,274 crore alongside major multi-year long-term supply agreements with global hyperscalers and telecom operators.
- Trading volume was 1.13 times the 20-day average daily volume.
Sterlite Technologies share price: 12.88% decline over 3 trading sessions
Sterlite Technologies Ltd. (STLTECH) fell 3.47% today, closing at ₹756.10 after opening at ₹765.00.
While the broader Nifty benchmark advanced 1.58% and the Nifty IT sector benchmark gained 0.34%, Sterlite Technologies faced continued downward pressure, adding to its recent correction that includes a 5-day return of -16.99% and a 20-day return of -24.48%.
The ongoing market action follows the company's Q2 FY27 financial results reported on October 23, 2026, where it posted record quarterly revenue of ₹2,529 crore and an EBITDA of ₹846 crore alongside an open order book of ₹35,274 crore. Although these fundamental updates provide important context regarding the company's medium-term order intake and financial growth, today's negative price move appears consistent with persistent profit-taking and broader technical weakness following recent sharp declines.
23.78 lakh shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 20.99 lakh shares (1.13 times). The five-day average daily volume was 14.18 lakh shares. The same report recorded 12,363 trades.
The stock declined 3.47% despite a rising broader market, extending its recent corrective trend amid elevated 20-day volume. No specific single same-day catalyst directly caused the drop, suggesting positioning adjustments and ongoing technical selling.
Latest Company Developments
Sterlite Technologies announced its financial results for the quarter ended September 30, 2026, reporting a record revenue of ₹2,529 crore and an EBITDA of ₹846 crore, supported by robust demand for AI-ready digital infrastructure. The company also highlighted an all-time high open order book standing at ₹35,274 crore alongside major multi-year long-term supply agreements with global hyperscalers and telecom operators.
These results and multi-year order wins provide critical visibility into the company's execution capabilities and revenue scale across its optical connectivity and data center segments.
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.
The exchange sought clarification from the company regarding a recent media report. Such a request is a verification step and does not by itself confirm the reported issue.
STLTECH: Sterlite Technologies Limited has informed the Exchange regarding Appointment of Ms. Lakshmi Iyer as Senior Management Personnel of the company effective. September 23, 2026.
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.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on the record open order book of ₹35,274 crore
- Quarterly financial updates and delivery volume trends on the cash segment
- Utilization updates regarding QIP and preferential warrant proceeds from monitoring reports
- Demand trends for AI-ready data center connectivity products like Neuralis and Pre-Terminated Fiber Trunk Assemblies
Other Dated Coverage
- Sterlite Technologies Share Price Today: Falls 10.93% in 3 Trading Sessions | 2 November 2026 — 2 November 2026
- Sterlite Technologies Share Price Today: Why STLTECH Is Falling 5.00% | 30 October 2026 — 30 October 2026
- Sterlite Technologies Share Price Today: Rises 10.19% in 2 Trading Sessions | 27 October 2026 — 27 October 2026
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 a record revenue of ₹2,529 crore and an EBITDA of ₹846 crore, supported by robust demand for AI-ready digital infrastructure. The company also highlighted an all-time high open order book standing at ₹35,274 crore alongside major multi-year long-term supply agreements with global hyperscalers and telecom operators.
How strong was Sterlite Technologies’s trading volume?
23.78 lakh shares traded, 1.13 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 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.