Sterlite Tech shares jump 6% after co forays in AI-led data centres at IMC

Shares of Sterlite Technologies gained as much as 6 per cent at Rs 128.45 per share on the BSE. The stock price of the company moved up on Wednesday after the firm announced its foray into the artificial intelligence (AI)I-led data centres segment with an integrated optical portfolio.

The company officially entered the AI-led Data Centre segment by showcasing its comprehensive range of integrated optical cable, connectivity, and interconnect offerings at the India Mobile Congress 2024. The Union Telecom Minister, Jyotiraditya Scindia, inaugurated the Make-in-India AI-DC portfolio.