Latest News | Sterlite Technologies Shares Close Nearly 4 Pc Higher
Get latest articles and stories on Latest News at LatestLY. Shares of Sterlite Technologies on Wednesday closed with nearly 4 per cent gains after the company announced a partnership with Bharti Airtel to build an optical fibre network.
New Delhi, Sep 16 (PTI) Shares of Sterlite Technologies on Wednesday closed with nearly 4 per cent gains after the company announced a partnership with Bharti Airtel to build an optical fibre network.
The scrip rose by 3.78 per cent to close at Rs 163.25 on the BSE. During the day, it jumped 6 per cent to Rs 166.80 apiece.
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On the NSE, it closed 3.62 per cent higher at Rs 162.95.
In traded volume terms, 3.06 lakh shares were traded on the BSE and over 29 lakh units on the NSE during the day.
On Tuesday, the company said it would build a modern optical fibre network for Bharti Airtel across 10 telecom circles.
The modern optical network will enable Airtel to deliver enhanced customer experience through scalability, reduced latency, and improved bandwidth, it had said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)