3 weeks ago
Sterlite Technologies wins $210M international order for optical fibre cables
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.
Sterlite Technologies secured a $210 million international order to supply high-density optical fibre cables to an unnamed leading global telecom infrastructure company.
The three-year contract is not a related-party transaction, with no promoter interest in the awarding authority, the company said.
Shares have rallied around 515% in calendar year 2026, hitting a record high of ₹680 per share after surging nearly 540% in six months.
Sterlite posted record Q1 revenue of ₹1,910 crore (up 87% year-on-year) and net profit of ₹197 crore, with an order book of ₹18,618 crore.
The company raised ₹1,500 crore via a Qualified Institutional Placement, drawing investors such as Nomura, HSBC and Manulife, to reduce debt.
- Who
- Sterlite Technologies, one of India's leading manufacturers of optical fibre and optical fibre cables.
- What
- Secured a $210 million international order for the supply of high-density optical fibre cables to a leading global telecom infrastructure company.
- Where
- India, where the company is based; the order comes from an undisclosed international customer.
- When
- Announced in a regulatory filing on Wednesday, August 5, 2026, with shares in focus on Thursday, August 6, 2026.
- Why
- To support growing demand for telecom infrastructure and the AI-led data centre buildout.
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)











