New Delhi, Oct. 5 -- A telecom stock has staged an astonishing rally this year, leaving investors in awe of its stellar multibagger gains despite weak sentiment in the broader stock market.

The stock we are discussing is Sterlite Technologies - a company that provides end-to-end solutions for building AI-ready infrastructure, FTTx, rural and enterprise networks. The company delivers its solutions in more than 100 countries, and has manufacturing facilities in North America, Europe and Asia.

On Monday, 5 October, the stock hit a 52-week high and a 5% upper circuit of Rs.1,002 on the BSE. The stock finally closed 4.75% higher at Rs.999.60. It has been hitting upper circuits for four consecutive sessions.

On 1 October, the company said on...