Introduction:
Anil Agarwal stock has announced a major corporate restructuring with the successful demerger of its Global Services Business. This move creates two independent entities focused on digital and optical solutions, aiming to drive growth, profitability, and sharper strategic execution globally.+
Share Price movement of Sterlite Technologies:
On April 1, 2025, Sterlite Technologies Limited opened at ₹81.30, reaching a high of ₹85.84 up 4.44% from its previous close of ₹80.92 and a low of ₹81.25. The stock is currently trading at ₹84.51, with a market cap of ₹4,123.91 Crores.
Sterlite Technologies announcing demerger:
Sterlite Technologies Limited (STL) has completed the demerger of its Global Services Business. The business has been transitioned to STL Networks Limited. The new entity will operate under the brand name “Invenia.” This strategic move is aimed at creating two independent entities that will focus on accelerated growth. The two entities will focus on optical and digital solutions.
STL Networks is a key player in India’s digital infrastructure with over 1.35 lakh km of optical fibre across 23 states. The demerger allows sharper customer focus, with Rahul Puri as CEO of STL and Pankaj Malik heading STL Networks, ensuring leadership continuity.
The separation is intended to enhance profitability, simplify operations and provide more focused investment opportunities. STL will focus on cutting-edge products and innovation, while STL Networks will strengthen its position in global digital services, including the ₹2,600 Crore BharatNet project in Jammu and Kashmir.
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Recent news About Sterlite Technologies:
STL has partnered with Wyre to co-develop custom optical solutions aimed at expanding fibre-to-home (FTTH) networks in Belgium, highlighting STL’s focus on global expansion and technological innovation.
Stock performance of Sterlite Technologies for Period of 1 week, 6 months and 1 year:
Sterlite Technologies stock has faced consistent declines across multiple timeframes. Over the past week, it dropped 2.99%. In the last six months, it declined by 35.1%, and over the one-year period, it recorded a negative return of 34.3%, reflecting prolonged investor caution.
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Shareholding pattern of Sterlite Technologies:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 44.17 | 44.17 | 44.18 |
| FII | 8.71 | 8.36 | 7.77 |
| DII | 9.42 | 10.7 | 11.74 |
| Retail & others | 37.7 | 36.78 | 36.3 |
About Sterlite Technologies:
Sterlite Technologies Ltd (NSE: STLTECH) is a leading Indian company in optical and digital solutions. It designs and manufactures fibre optic cables, network solutions, and digital infrastructure, serving telecom operators, enterprises, and governments across more than 100 countries with advanced connectivity solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
