India's Sterlite Technologies up on $108 mln order win

Sterlite Technologies

02/04/2024 08:15

** Shares of Sterlite Technologies  STTE.NS  rise 4.5% to
128.75 rupees
    ** Data network tech co gets orders worth about 9 billion
rupees (nearly $108 million) in FY 24 for providing optical
solutions
    ** STTE on track for second straight session of gains; had
lost 19% in March, worst month since Jan 2022
    ** About 4.8 mln shares change hands, nearly twice the
30-day avg 
    ** Stock down 9.8% YTD, had lost 18.8% in 2023 for second
straight year of losses


($1 = 83.3550 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))