Shares of Sterlite Technologies today rose nearly nine per cent as the company's unit has agreed to buy European specialised optical cable maker Metallurgica Bresciana.
The stock opened at bullish note on BSE and finally settled at 8.62 per cent higher at Rs 315.05. During the intra-day trade, the stock had climbed as much as 10.25 per cent to Rs 319.80.
Similar movements were seen on NSE, wherein the stock had ended at Rs 315.20, a surge of 8.84 per cent from the previous close. During the trading session, the stock had touched a high of Rs 319.70 and a low of Rs 296.30.
In terms of volume, 9.15 lakh shares changed hands on BSE, while 67.14 lakh stocks got traded on NSE.
On Friday, Sterlite Tech, in a regulatory filing
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