As of Friday, June 5, Sterlite Technologies rallied 468 per cent, while HFCL surged 163 per cent in the calendar year 2026.
The stock price of the telecom equipment & accessories company was frozen at the upper circuit for the ninth straight trading day, surging 55 per cent during the period.
According to NSE data, Sterlite Technologies shares have more than doubled in less than two months. From the levels of ₹231.22 on April 10, the counter has delivered multibagger returns to investors.
Sterlite Technologies share price was locked in the 5-per cent upper circuit for a fourth straight trading day
Sterlite Technologies rallied 9% to ₹172.65 on the BSE in Monday's intra-day trade in an otherwise weak market, and quoted at its highest level since September 2023.
As on Q3FY26, STL's open order book stood at ₹5,325 crore, and a robust order pipeline provides strong revenue visibility and reinforces growth outlook for the year, the management said.
In the past two trading days, the Nifty Microcap 250 index has rallied 3.7 per cent, as against 1 per cent gain in the benchmark Nifty 50.
STL is at the intersection of 3 powerful multiyear investment cycles, FTTx, data centers and 5G, creating a strong structural tailwind of optical infrastructure.