This telecom manufacturing company is prepared for cost-efficient MTCTE testing of optical fibre products, know more here!
The stock is up by 40 per cent in 3 years and over 700 per cent in 1 decade.
Sterlite Technologies Limited, a leading optical and digital solutions company, announced its readiness to offer testing of optical fibre and cable products, in accordance with the guidelines of the Mandatory Testing and Certification of Telecom Equipment (MTCTE), a task force set by the Department of Telecommunications. These products will be tested in STL’s testing labs which have been accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) and Telecommunications Engineering Centre (TEC).
India must prioritize high-quality, secure deployments for 5G, FTTx, and Data Centers, shaping its digital infrastructure for the next 20-30 years. Upcoming MTCTE guidelines require local testing of listed telecom equipment before installation., which is likely to be rolled out from July 1, 2023,
STL's certified labs in Aurangabad and Silvassa are crucial for operators' network rollout plans, providing fast and cost-effective testing of essential requirements for optical fibres and cables. The company’s labs in India are recognized by TEC and NABL for high-quality testing, meeting ISO/IEC 17025:2017 standards. They test transmission, mechanical, and environmental parameters.
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Commenting on STL’s readiness for telecom equipment testing, Ankit Agarwal, Managing Director, STL, said: “Ensuring top quality and highly secure network build is the need of the hour. We want to enable telecom operators with credible, fast and efficient ways to comply with the MTCTE regulations. Our testing labs are well equipped to ensure world-class Optical Fibre product testing for building a robust digital infrastructure for the country.”
On Tuesday, shares of STL plunged 0.26 per cent to Rs 151.10 per share with an intraday high of Rs 153.60 and an intraday low of Rs 150.55. The company reported excellent numbers in its Quarterly Results and annual results and has been maintaining a healthy dividend payout of 29.80 per cent.
The stock is up by 40 per cent in 3 years and over 700 per cent in 1 decade. Investors should keep an eye on this stock.