Sterlite Technologies hits lower circuit, extends decline to nearly 10% in two sessions
Mumbai, June 8 -- The stock has declined 9.74% over the two trading sessions. Prior to the correction, Sterlite Technologies had surged 61.72% across 11 consecutive sessions.
Despite the pullback, the stock remains up 224.63% over the past three months and has gained 474.33% so far in 2026.
Meanwhile, data from the NSE showed that Motilal Oswal Mutual Fund acquired 36.48 lakh shares, representing a 0.75% equity stake in Sterlite Technologies, through a bulk deal on 05 June 2026. The transaction was executed at a price of Rs 619.07 per share.
Sterlite Technologies is a global leader in advanced connectivity solutions, providing end-to-end solutions for building AI-ready infrastructure, FTTx, Rural, Enterprise and Data Centre networks.
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