Sterlite Technologies Limited (STL) shares jumped 14.67 per cent to ₹113.96 on Tuesday at 11 am, making it one of the top 10 performers on NSE, following the company’s announcement of its expanded data centre solutions portfolio targeting AI infrastructure requirements.

The stock opened at ₹103 against the previous close of ₹99.38 and touched an intraday high of ₹114.50, reflecting strong investor confidence in the company’s strategic move into the high-growth AI data centre segment.

STL announced on Monday the launch of comprehensive data centre solutions ranging from cabling to end-to-end connectivity offerings designed for AI-driven infrastructure. The portfolio targets hyperscalers, colocation players, enterprises and telecom service providers building scalable data centre infrastructure.

The company’s solutions include high-performance fiber and copper cabling systems, pre-terminated multi-fiber systems with LC/MPO connectors, and STL Celesta high-density IBR technology for inter-data centre connectivity. All products are manufactured in state-of-the-art facilities and comply with international standards including ANSI/TIA-942, TIA-568 and ISO 11801, backed by a 25-year performance warranty.

STL has partnered with Tech Data India, a TD SYNNEX subsidiary, as exclusive distributor to enhance market reach across over 70 cities in India. The global data centre market is projected to reach $517 billion by 2030, growing at 10.5 per cent CAGR from 2021-2030, positioning STL to capitalize on this expanding opportunity with its 30+ years of optical networking expertise.

Published on June 17, 2025