Sterlite Technologies share price today: Shares of Sterlite Technologies Limited hit a fresh 52-week high on Wednesday, September 9, amid investors optimism around the company’s growth plan over the next four to five years. The Pune-based fiber optics company has aimed to achieve a revenue growth of ₹20,000 crore by financial year 2029-30.
The telecom technology stock has delivered a whopping 641% return in one year, and around 397% return in six months. The firm is targeting a ₹20,000 crore revenue growth for FY 29 under its ambitious project Lakshya. The company, under its Lakshya project, plans to be among the top five players.
Sterlite Technologies share price jumps 747% in 2026 so far; time to buy?
Sterlite Technologies is showcasing a bullish trend as the price is sustaining well above rising major EMAs and is forming higher highs, highlighted by Virat Jagad Sr. Technical Research Analyst at Bonanza. “The recent breakout is supported by strong volume, while RSI remains elevated, confirming momentum. Fresh entry can be considered on dips near ₹780–800, with support around ₹750 and upside towards ₹900,”
Sterlite Technologies Growth Roadmap
Optical TAM Expansion, Customer Co-development, Integrated Connectivity Solutions, and Tech-led Differentiation are among the key growth drivers for Sterlite Technologies. The optical and digital solutions provider is planning to expand capacity to 1.5x to enable the next phase of growth.
The company has planned to invest around ₹1,000 crore annually over the next financial years to expand performance, fiber and cable capacities by 50%. Establish a greenfield manufacturing facility for pre-terminated connectivity solutions in India, and committing 2% of annual revenue toward continuous technological innovation.
Sterlite Technologies share price history
Sterlite Technologies share price rallied nearly 5% and hit an upper circuit of ₹867.75 per share on BSE with a market capitalisation of ₹44,594.65 crore at 1:23 pm on Wednesday, September 9. The stock had touched an intraday low of ₹795.60 per share and its 52-week high of ₹867.75 per share. The scrip dipped to its 52-week low of ₹84.65 per share on January 27, 2026. The stock has a return on equity (ROE) of 4.76%.
The stock has surged around 21.55% in one week and around 35.6% in one month. The company scrip has delivered 396% return in six months and around 745% return in 2026 so far.
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