Sterlite Tech share price jumps over 15% after securing ₹2,631 crore BharatNet contract from BSNL

Sterlite Technologies stock price in focus today: Shares of Sterlite Technologies, one of the largest manufacturers of Optical Fiber and Optical Fiber Cables, surged 15.2% in intraday trade on Thursday, June 12, hitting a 4-week high of ₹88.7 apiece.

The rally followed the company’s announcement, via a regulatory filing on June 11, that it had signed an agreement with Bharat Sanchar Nigam Limited (BSNL), in consortium with Dilip Buildcon, for ₹2,631.14 crore telecom project.