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Sterlite Technologies shares rise nearly 3% as it unveils next-gen data centre solutions for AI-led future

Sterlite Technologies shares rise nearly 3% as it unveils next-gen data centre solutions for AI-led future

Business Upturn10 hours ago

By Aditya Bhagchandani Published on June 16, 2025, 09:22 IST
Shares of Sterlite Technologies Ltd gained 2.84% on Monday, June 16, to Rs 85.70 after the company announced the launch of its next-generation data centre solutions tailored for AI-driven infrastructure. This new product suite spans advanced fibre and copper cabling, offering scalable, sustainable, and high-speed connectivity for hyperscale and enterprise data centres.
As the global data centre market eyes a valuation of USD 517 billion by 2030, STL's move comes at a strategic inflection point. The solutions are backed by over 30 years of optical networking expertise and are tested at STL's state-of-the-art facility with certifications like ANSI/TIA-942, TIA-568, and ISO 11801. The company is offering a 25-year performance warranty on all products.
Sterlite's portfolio includes high-density LC/MPO connectors and Celesta's IBR technology, optimized for high-volume, low-latency deployments. Additionally, STL has partnered with Tech Data India, a TD SYNNEX subsidiary, to expand distribution across over 70 cities and boost adoption in AI, IoT, cloud, and cybersecurity verticals.
With this launch, STL aims to be a core enabler of India's evolving digital and AI infrastructure.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

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Piezoelectric Actuators Market Size to Grow USD 4.03 Billion by 2032, at 6.85% CAGR
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Piezoelectric Actuators Market Size to Grow USD 4.03 Billion by 2032, at 6.85% CAGR

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