This small-cap stock defies market gloom, surges 880% in 2026 on AI-led demand. Is it in your portfolio?
New Delhi, Oct. 8 -- In a market dominated by rising geopolitical tensions, which have pushed several stocks to multi-year lows in 2026, only a handful have managed to swim against the tide. Sterlite Technologies is among the few stocks that have stood out.
After remaining sideways for an extended period, the stock began its bull run at the start of the year and has since maintained a largely one-way rally, with no major pullbacks. The sustained run has translated into a massive 880% surge, taking the stock to Rs.1,011.
The phenomenal run has largely been supported by a series of order wins amid rising AI-led demand for optical fiber cables, strengthening its operational outlook. Its improved performance in recent quarters has also prom...
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