Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom
The artificial intelligence boom is no longer confined to global technology giants. In India, it is creating a different set of stock market winners: optical fibre manufacturers.
No company has captured investor imagination more than Vedanta-backed Sterlite Technologies. The stock has surged an astonishing 500% in 2026, turning into one of the market’s standout performers. The rally has translated into a dramatic wealth creation story, with the company’s market capitalization swelling from just over ₹4,000 crore at the start of the year to around ₹30,000 crore in six months.
