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STL shares jump 4.8% after $1.2 bn hyperscale order

short by / on Thursday, 1 October, 2026
Sterlite Technologies (STL) shares rose 4.80% to ₹953.55 after securing a $1.2 billion order from a hyperscale partner for optical connectivity products (2026–2030). STL Networks also emerged as the lowest RailTel bidder. The stock has delivered 415% returns in six months, with analysts bullish on continued growth above the 900–910 zone.
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