Sterlite Technologies raises ₹1,000 crore via QIP; shares surge

[ad_1] Sterlite Technologies Ltd (STL) has raised ₹1000 crore through a qualified institutional placement (QIP). According to the company’s stock exchange filing, it approved the issue and allotment of 8.84 crore equity shares to qualified institutional investors, including HDFC Mutual...

Sterlite Technologies secures orders worth ₹900 crore; shares gain

[ad_1] Sterlite Technologies Ltd’s shares were up by 3.45% after the company reported bagging orders worth approximately Rs 900 crore in FY24 for providing advanced optical solutions and smart fibre deployment services to private service providers in India. These orders...