Archive · 5 Sep 2025
Sterlite Technologies Share Price Surges on Fiber Cable Launch
Sterlite Technologies, a company making fiber optic cables, launched a new, slim cable.
The share price went up because of this.
The new cable, called Celesta IBR, can pack many fibers into a small space.
It is designed for data centers and other tech companies.
The company's stock price has recovered significantly from earlier lows.
The company also showed strong financial results in the last quarter, with growing revenue and profit.
Sterlite Technologies' share price increased by 9.6% on September 5.
The rise followed the launch of a new optical fiber cable in the US.
The Celesta IBR cable has high fiber density in a slim design.
The company reported revenue and EBITDA growth in the first quarter of FY26.
The stock price has recovered significantly from lows in April 2025.
- Who
- Sterlite Technologies
- What
- Launched a new optical fiber cable and saw share price increase
- When
- Friday, September 5, 2025
- Where
- Stock Market
- Why
- Due to the launch of a new optical fiber cable
- Company
- Sterlite Technologies
- Stock Increase
- 9.6%
- Closing Price
- ₹111.57
- Fiber Cable Type
- Celesta IBR Cable
- Fiber Density
- 864 fibers in 11.7 mm diameter
- Q1 FY26 Revenue
- ₹1,019 crore
- Q1 FY26 EBITDA
- ₹140 crore
