3 weeks ago

Sterlite Technologies wins $210M international order for optical fibre cables

Sterlite Technologies wins $210M international order for optical fibre cables
Up over 500% in 2026! This small-cap telecom stock to be in focus on Thursday after $210 million international order · livemint.com

Sterlite Technologies is a company in India that makes special cables called optical fibre cables.

These cables are like super-fast straws that carry internet and TV signals.

A big company that builds internet networks in other countries asked Sterlite to make a lot of these cables.

This order is worth $210 million, which is a huge amount of money.

The customer's name is a secret, but it is one of the biggest telecom companies in the world.

Making this order will take three years.

Sterlite is also getting orders to make things for giant computer buildings called data centres, which help computers learn new things.

Because the company is doing so well, its shares went up more than five times this year.

The company also got money from big banks and investors to pay off debts, so it can keep growing.

Key facts

Company
Sterlite Technologies
International order value
$210 million
Product supplied
High-density optical fibre cables
Contract duration
Three years
QIP raised
₹1,500 crore
Q1 revenue
₹1,910 crore (highest ever, up 87% YoY)
Order book
₹18,618 crore at end of June quarter
2026 stock gain
~515% (record high ₹680 per share)

Sources

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