Sterlite Technologies Ltd Share Price – NSE /  BSE

Cables, Small Cap

The order involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles.

The total value of the project stood at Rs 2,631.14 crore, which includes Rs 1,620.50 crore for capital expenditure (Capex), Rs 972.30 crore for operational expenditure (Opex) for the newly constructed network and Rs 38.33 crore for Opex for the existing network.

The project will be executed over a three-year period for construction, followed by a ten-year maintenance contract. The maintenance contract will have a rate of 5.5% per annum of Capex for the first five years and 6.5% per annum of Capex for the next five years.

The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Shares of Dilip Buildcon shed 0.10% to Rs 477.70 on the BSE.

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Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while staying conscious of their impact. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognizing Wyre?s requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL?s team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre?s needs.

In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Philip Cauwel, Head of Technology and Strategy at Wyre, said, At Wyre, we focus on working with partners who share our commitment to practical, impactful solutions. STL?s expertise and collaborative approach are important in helping us deploy fiber across Flanders and Brussels efficiently while keeping our impact on communities and the environment in mind. This partnership is a great step in bringing high-speed connectivity to more people.

Kurt Pleysier, CEO of Wirewave, said, ?We are proud to be a trusted partner for STL, ensuring seamless and timely deliveries to Wyre for their ambitious network deployment goals. Together with STL, we are committed to supporting Wyre?s mission of delivering high-speed connectivity across Flanders.?

Commenting on this partnership, Rahul Puri, CEO of STL?s Optical Networking Business, said, For us, our customers are at the heart of everything we do. We are confident that our co-creation and co-innovation with Wyre will continue to thrive in the years ahead. By joining forces, we're able to deliver high-performance, future-ready networks that meet the ever-evolving demands of a digital-first world.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data centre networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

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Sterlite Technologies (STL) announced its successful partnership with Wyre for supporting the development of their expansive multi gigabit Fibre-to-the-home (FTTH) network.

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while ?staying conscious of their impact?. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognising Wyre's requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL's team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre's needs.

With nearly two decades of experience in the region, a manufacturing base in Italy and a strong ethos of co creation with its customers, STL will cater to Wyre's need for broadband rollouts and high-performance networks. In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Powered by Capital Market - Live News

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while staying conscious of their impact. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognizing Wyre?s requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL?s team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre?s needs.

In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Philip Cauwel, Head of Technology and Strategy at Wyre, said, At Wyre, we focus on working with partners who share our commitment to practical, impactful solutions. STL?s expertise and collaborative approach are important in helping us deploy fiber across Flanders and Brussels efficiently while keeping our impact on communities and the environment in mind. This partnership is a great step in bringing high-speed connectivity to more people.

Kurt Pleysier, CEO of Wirewave, said, ?We are proud to be a trusted partner for STL, ensuring seamless and timely deliveries to Wyre for their ambitious network deployment goals. Together with STL, we are committed to supporting Wyre?s mission of delivering high-speed connectivity across Flanders.?

Commenting on this partnership, Rahul Puri, CEO of STL?s Optical Networking Business, said, For us, our customers are at the heart of everything we do. We are confident that our co-creation and co-innovation with Wyre will continue to thrive in the years ahead. By joining forces, we're able to deliver high-performance, future-ready networks that meet the ever-evolving demands of a digital-first world.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data centre networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Powered by Capital Market - Live News

Sterlite Technologies (STL) announced its successful partnership with Wyre for supporting the development of their expansive multi gigabit Fibre-to-the-home (FTTH) network.

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while ?staying conscious of their impact?. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognising Wyre's requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL's team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre's needs.

With nearly two decades of experience in the region, a manufacturing base in Italy and a strong ethos of co creation with its customers, STL will cater to Wyre's need for broadband rollouts and high-performance networks. In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Powered by Capital Market - Live News

The headline equity indices erased all gains and traded with modest losses in mid-afternoon trade. The Nifty traded below the 22,500 level after hitting the day’s high of 22,676.75 in the morning trade. Oil and gas shares declined after advancing in the past four consecutive trading sessions.

At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 168.02 points or 0.23% to 74,164.56. The Nifty 50 index lost 77.70 points or 0.34%, to 22,474.80.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index slipped 1.39% and the S&P BSE Small-Cap index fell 1.97%.

The market breadth was weak. On the BSE, 1,242 shares rose and 2,778 shares fell. A total of 161 shares were unchanged.

Economy:

India's forex reserves dropped by $1.781 billion to $638.698 billion in the week ended February 28, the RBI said on Friday.

Foreign currency assets, a major component of the reserves, decreased by $493 million to $543.35 billion.

Gold reserves decreased by $1.304 billion to $73.272 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by $27 million to $17.998 billion, the apex bank said.

India's reserve position with the IMF fell by $12 million to $4.078 billion in the reporting week, the apex bank data showed.

Buzzing Index:

The Nifty Oil & Gas index fell 1.63% to 9,937.15. The index jumped 6.18% in past four consecutive trading sessions.

Oil & Natural Gas Corpn (down 3.39%), Indian Oil Corporation (down 2.36%), Indraprastha Gas (down 2.24%), Castrol India (down 1.99%), Petronet LNG (down 1.87%), GAIL (India) (down 1.79%), Oil India (down 1.78%), Gujarat State Petronet (down 1.77%), Gujarat Gas (down 1.43%) and Hindustan Petroleum Corporation (down 1.40%) declined.

Numbers to Track:

The yield on India's 10-year benchmark federal paper was up 1.95% to 6.810 as compared with previous close 6.680.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 87.3050, compared with its close of 87.9550 during the previous trading session.

MCX Gold futures for 4 April 2025 settlement fell 0.13% to Rs 85,765.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 103.96.

The United States 10-year bond yield fell 1.64% to 4.247.

In the commodities market, Brent crude for May 2025 settlement shed 03 cents, or 0.04% to $70.33 a barrel.

Stocks in Spotlight:

Sterlite Technologies dropped 3.55% after the company informed that Tushar Shroff, chief financial officer (CFO) and key managerial personnel of the company, has tendered his resignation, effective from 31 March 2025.

B R Goyal Infrastructure shed 0.79%. The company announced that it had received a work order worth Rs 11.27 crore from Bhavnagar Municipal Corporation for the construction of a four-lane road.

Active Clothing Co hit an upper limit of 5% after the company announced its plan to raise funds via a preferential allotment of 5 lakh warrants.

Powered by Capital Market - Live News

The order involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles.

The total value of the project stood at Rs 2,631.14 crore, which includes Rs 1,620.50 crore for capital expenditure (Capex), Rs 972.30 crore for operational expenditure (Opex) for the newly constructed network and Rs 38.33 crore for Opex for the existing network.

The project will be executed over a three-year period for construction, followed by a ten-year maintenance contract. The maintenance contract will have a rate of 5.5% per annum of Capex for the first five years and 6.5% per annum of Capex for the next five years.

The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Shares of Dilip Buildcon shed 0.10% to Rs 477.70 on the BSE.

Powered by Capital Market - Live News

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while staying conscious of their impact. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognizing Wyre?s requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL?s team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre?s needs.

In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Philip Cauwel, Head of Technology and Strategy at Wyre, said, At Wyre, we focus on working with partners who share our commitment to practical, impactful solutions. STL?s expertise and collaborative approach are important in helping us deploy fiber across Flanders and Brussels efficiently while keeping our impact on communities and the environment in mind. This partnership is a great step in bringing high-speed connectivity to more people.

Kurt Pleysier, CEO of Wirewave, said, ?We are proud to be a trusted partner for STL, ensuring seamless and timely deliveries to Wyre for their ambitious network deployment goals. Together with STL, we are committed to supporting Wyre?s mission of delivering high-speed connectivity across Flanders.?

Commenting on this partnership, Rahul Puri, CEO of STL?s Optical Networking Business, said, For us, our customers are at the heart of everything we do. We are confident that our co-creation and co-innovation with Wyre will continue to thrive in the years ahead. By joining forces, we're able to deliver high-performance, future-ready networks that meet the ever-evolving demands of a digital-first world.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data centre networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Powered by Capital Market - Live News

Sterlite Technologies (STL) announced its successful partnership with Wyre for supporting the development of their expansive multi gigabit Fibre-to-the-home (FTTH) network.

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while ?staying conscious of their impact?. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognising Wyre's requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL's team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre's needs.

With nearly two decades of experience in the region, a manufacturing base in Italy and a strong ethos of co creation with its customers, STL will cater to Wyre's need for broadband rollouts and high-performance networks. In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Powered by Capital Market - Live News

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while staying conscious of their impact. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognizing Wyre?s requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL?s team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre?s needs.

In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Philip Cauwel, Head of Technology and Strategy at Wyre, said, At Wyre, we focus on working with partners who share our commitment to practical, impactful solutions. STL?s expertise and collaborative approach are important in helping us deploy fiber across Flanders and Brussels efficiently while keeping our impact on communities and the environment in mind. This partnership is a great step in bringing high-speed connectivity to more people.

Kurt Pleysier, CEO of Wirewave, said, ?We are proud to be a trusted partner for STL, ensuring seamless and timely deliveries to Wyre for their ambitious network deployment goals. Together with STL, we are committed to supporting Wyre?s mission of delivering high-speed connectivity across Flanders.?

Commenting on this partnership, Rahul Puri, CEO of STL?s Optical Networking Business, said, For us, our customers are at the heart of everything we do. We are confident that our co-creation and co-innovation with Wyre will continue to thrive in the years ahead. By joining forces, we're able to deliver high-performance, future-ready networks that meet the ever-evolving demands of a digital-first world.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data centre networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Powered by Capital Market - Live News

Sterlite Technologies (STL) announced its successful partnership with Wyre for supporting the development of their expansive multi gigabit Fibre-to-the-home (FTTH) network.

Wyre's way of working is to team up with partners to deploy fibre across Flanders and Brussels in Belgium, all while ?staying conscious of their impact?. This approach helps streamline the fibre roll-out and reduce disruptions caused by construction. To make this happen, Wyre looked for a design and manufacturing partner that could deliver practical, effective solutions aligned with their commitment to collaboration and thoughtful progress.

Recognising Wyre's requirements, STL stepped in with its agile design thinking approach and manufacturing capabilities. Wyre needed a compact, connectorized, and highly flexible connectivity solution tailored to its specific needs. STL's team worked closely with Wyre to co-develop a bespoke solution that aligned perfectly with Wyre's needs.

With nearly two decades of experience in the region, a manufacturing base in Italy and a strong ethos of co creation with its customers, STL will cater to Wyre's need for broadband rollouts and high-performance networks. In this partnership, STL, with its design innovation, will supply high-performance optical cables with high-fibre count and loose-tube designs, its signature OptoBlaze and OptoBolt products, and advanced solutions like 288F Closures. To make efficient and timely deliveries to Wyre, STL has partnered with Wirewave, a distributor of high-quality fibre-optic cables and infrastructure.

Powered by Capital Market - Live News

The headline equity indices erased all gains and traded with modest losses in mid-afternoon trade. The Nifty traded below the 22,500 level after hitting the day’s high of 22,676.75 in the morning trade. Oil and gas shares declined after advancing in the past four consecutive trading sessions.

At 14:30 IST, the barometer index, the S&P BSE Sensex, declined 168.02 points or 0.23% to 74,164.56. The Nifty 50 index lost 77.70 points or 0.34%, to 22,474.80.

The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index slipped 1.39% and the S&P BSE Small-Cap index fell 1.97%.

The market breadth was weak. On the BSE, 1,242 shares rose and 2,778 shares fell. A total of 161 shares were unchanged.

Economy:

India's forex reserves dropped by $1.781 billion to $638.698 billion in the week ended February 28, the RBI said on Friday.

Foreign currency assets, a major component of the reserves, decreased by $493 million to $543.35 billion.

Gold reserves decreased by $1.304 billion to $73.272 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by $27 million to $17.998 billion, the apex bank said.

India's reserve position with the IMF fell by $12 million to $4.078 billion in the reporting week, the apex bank data showed.

Buzzing Index:

The Nifty Oil & Gas index fell 1.63% to 9,937.15. The index jumped 6.18% in past four consecutive trading sessions.

Oil & Natural Gas Corpn (down 3.39%), Indian Oil Corporation (down 2.36%), Indraprastha Gas (down 2.24%), Castrol India (down 1.99%), Petronet LNG (down 1.87%), GAIL (India) (down 1.79%), Oil India (down 1.78%), Gujarat State Petronet (down 1.77%), Gujarat Gas (down 1.43%) and Hindustan Petroleum Corporation (down 1.40%) declined.

Numbers to Track:

The yield on India's 10-year benchmark federal paper was up 1.95% to 6.810 as compared with previous close 6.680.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 87.3050, compared with its close of 87.9550 during the previous trading session.

MCX Gold futures for 4 April 2025 settlement fell 0.13% to Rs 85,765.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.12% to 103.96.

The United States 10-year bond yield fell 1.64% to 4.247.

In the commodities market, Brent crude for May 2025 settlement shed 03 cents, or 0.04% to $70.33 a barrel.

Stocks in Spotlight:

Sterlite Technologies dropped 3.55% after the company informed that Tushar Shroff, chief financial officer (CFO) and key managerial personnel of the company, has tendered his resignation, effective from 31 March 2025.

B R Goyal Infrastructure shed 0.79%. The company announced that it had received a work order worth Rs 11.27 crore from Bhavnagar Municipal Corporation for the construction of a four-lane road.

Active Clothing Co hit an upper limit of 5% after the company announced its plan to raise funds via a preferential allotment of 5 lakh warrants.

Powered by Capital Market - Live News