Comments
Sterlite Technologies surged on Indian Navy order. The stock jumped as much as 10.36 per cent to Rs 378.85, its highest since February 2.
The company has got a Rs 3,500-crore ($541.13 million) advance purchase order to design, build and manage the Indian Navy’s communications network.
The stock posted its highest intraday percentage gain since January 4. Up to Friday’s close, the stock had risen 17.35 per cent this year compared with a 2.52 per cent decline in the Nifty 500 index.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.