Sterlite Tech Rises 1.63% on Data Center Expansion Plans

Sterlite Technologies gains 1.63% after expanding its Neuralis Data Center portfolio, with the stock in a strong uptrend and ₹783–₹757 as the key support zone. Sterlite Technologies (

) gained after strengthening its Neuralis Data Center portfolio with the launch of pre-terminated fiber trunk assemblies ranging from 48F to 6,912F. The high-density connectivity solutions are aimed at hyperscale and enterprise data centers, addressing rising bandwidth requirements driven by artificial intelligence, cloud computing and high-performance applications. STL has a diversified presence across optical fiber, telecom cables and power transmission solutions, serving sectors including telecom, defence, oil & gas and aviation. The company has a market capitalisation of around ₹42,351 crore, while its ROE stands at 2.47% and ROCE at 8.93%. Stock Highlight: The stock gained over 740% in CY2026, making it one of the notable performers in the mid-cap technology and telecom infrastructure space. Amid the latest data center expansion news, STL closed in the green on Friday, 25 September 2026, rising 1.63%. Technically, STL continues to trade in a strong bullish structure, marked by higher highs and higher lows. The all-time high remains the immediate resistance, while ₹783–₹757 forms the key support zone. Holding this zone could help sustain the prevailing uptrend and keep the stock’s momentum intact. Disclosure: I do not hold any position or have any financial interest in the mentioned stock.