When most people think about AI, they usually imagine chatbots or big software companies. But behind all of that, there’s one thing every AI system needs: powerful data centres that can handle massive amounts of data. That’s exactly where Sterlite Technologies is trying to build its niche.
On 17th June 2025, Sterlite Technologies share price jumped almost 12% in a single day after the company announced its expansion into AI-ready data centre solutions. This sharp rise caught the attention of many investors who now see the company aligning itself with one of the fastest-growing global trends.
Let’s break down exactly what happened, why the Sterlite Tech share price spiked, and whether this move has the potential to fuel its growth through FY25 and beyond.
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Why the Sterlite Technologies share price spike?
The stock market loves a good growth story. And Sterlite Technologies just gave it one.
On June 17, Sterlite Technologies share price surged 11.52% to hit an intraday high of ₹92.93, marking its highest level since September 2024. By late morning, it was still trading nearly 11% higher at ₹92.47. For context, the broader Nifty 50 index was only up 0.84% that day.
This one-day jump came after weeks of steady momentum. Over the last three months alone, Sterlite Technologies share price has rallied by 56%. However, if you zoom out, the stock is still down about 20% over the past two years.
Here’s a quick snapshot:
| Metric | Value |
| Intraday High (16 June 2025) | ₹92.93 |
| Daily Gain | +11.52% |
| 3-Month Performance | +56% |
| 2-Year Performance | -20% |
| Market Cap | ₹4,532 crore |
The sharp rise in volume also reflected growing interest. Trading volume was 1.2 times higher than its 30-day average. The Relative Strength Index (RSI) touched 70, indicating that the stock is now approaching overbought territory.
What triggered this sudden rally in Sterlite Technologies?
The short answer? AI.
Sterlite announced its expanded portfolio of data centre solutions, specifically designed for AI-driven infrastructure. This includes advanced fibre and copper cabling systems that enable fast, low-latency data transfers. In simple words — faster, smoother, more efficient data flow for companies building large AI-powered systems.
Here’s what they’re offering:
- Fibre & copper cabling for smart buildings, campuses, and modern data centres.
- Low-latency networking through riser and campus fibre solutions.
- Pre-terminated multi-fibre systems with LC/MPO connectors for scalability.
- Secure & reliable data connectivity for enterprises, hyperscalers, telecom operators, and co-location data centre providers.
Sterlite’s CEO, Rahul Puri, summed it up: “In today’s AI-driven era, data centre solutions aren’t just about moving data—they’re about enabling intelligence at scale.”
This move directly ties Sterlite Tech’s future to the ongoing AI infrastructure boom.
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Why the AI data centre market matters
To understand the excitement, you have to look at the size of the opportunity.
Sterlite estimates that the global data centre market will reach $517 billion by 2030, growing at a compound annual rate of 10.5%. As AI adoption grows worldwide, so does the need for faster, smarter data infrastructure. While global giants dominate AI software, companies like Sterlite are focusing on the cables, hardware, and networking behind the scenes.
For investors, this means Sterlite isn’t just another telecom infrastructure company anymore – it’s trying to capture a piece of a rapidly expanding AI-fueled data market. If it succeeds, it could see steady growth in revenue and margins through FY25 and beyond.
The tech data partnership: expanding distribution
Alongside the new product launch, Sterlite Technologies also announced a strategic partnership with Tech Data – India, a subsidiary of TD SYNNEX.
Tech Data specialises in distributing advanced technology solutions across cloud, cybersecurity, AI, IoT, and analytics. By leveraging Tech Data’s strong network, Sterlite aims to strengthen its domestic distribution for its new data centre solutions.
For Sterlite, this partnership could mean better market access and more potential clients in India’s rapidly growing enterprise and telecom sectors – especially important as India’s AI adoption accelerates.
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Adding to its government order book: BharatNet deal
While AI grabs headlines, Sterlite continues to build on its bread-and-butter business – fibre network infrastructure.
Just last week, Sterlite, in a joint venture with Dilip Buildcon, secured a ₹2,631 crore order from BSNL under India’s BharatNet project. This contract covers building middle-mile connectivity across Jammu & Kashmir and Ladakh.
This large government order adds revenue visibility for FY25. While the AI data centre play is about future growth, BharatNet ensures stable cash flow in the short term.
Conclusion
The Sterlite Tech share price has seen a strong run in FY25 on the back of its AI-driven data centre expansion and large government contracts. Investors are clearly betting that the company’s shift into AI infrastructure could open up new growth avenues.
But like any emerging story, it now comes down to execution. For Sterlite, FY25 will be about converting these opportunities into real business — signing new clients, delivering on contracts, and reporting stronger financial results. If the company succeeds, the Sterlite Tech share price could continue its upward journey. If not, the recent excitement might fade.
Either way, Sterlite’s move into AI infrastructure has firmly put it on the radar for many Indian investors looking for exposure to the next phase of digital growth.
