Sterlite Techologies gains after securing supply order

Sterlite Technologies surged 5% after securing an order worth Rs 2500 crore from Bharat Sanchar Nigam in order to supply optic fibre cables for a mega alternate communications network that the state-run telecom is building for India's armed forces. 

 

This order is to be executed by 2015.

 

Sterlite Technologies is a leading global provider of transmission solutions for the telecom and power industries.

 

The stock opened at Rs 67.5, touched a high of Rs 68.6 and a low of Rs 66 on the BSE. A total of 288,492 shares were traded on the BSE so far.