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STLTECH Sterlite Technologies News Story

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India's Sterlite Technologies slides after block deals at discount

BUZZ-India's Sterlite Technologies slides after block deals at discount

** Shares of telecom products maker Sterlite Technologies STTE.NS down 5% at 588.3 rupees

** Around 2.4 mln shares traded across 5 block deals on NSE, at a discount of 5% to previous close, data compiled by LSEG shows

** Stock has risen for nine straight weeks, gaining about 3.5x during the period

** Shares up about 5.7 times YTD


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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