Rs 9,883 crore order book: Power transmission cable manufacturer advances multicore fibre portfolio - a Make in India & forays into the AI-led data centres segment
As of June 30, 2024, the company’s order book stood at Rs 9,883 crore which is spread across its three business units- Optical Networking, Global Services and Digital.
Sterlite Technologies Limited (STL)'s Multicore Fibre (MCF) suite, a groundbreaking innovation in optical fiber technology, marks a significant stride towards a Make-in-India future for advanced communications. This ultra-thin fiber, featuring 7 and 4 cores instead of the traditional single core, is manufactured using indigenously developed multicore preform technology. STL's MCF has demonstrated its capabilities through a successful live 400G network transmission, showcasing its potential to drive the scale-up of quantum communications and silicon photonics. By leveraging Space Division Multiplexing, MCF achieves exceptional transmission capacity within a compact footprint. The technology's real-world performance has been validated through the AOC Test Bed project, a collaborative effort with DoT and IIT Chennai. India's leading researchers and academicians have lauded STL's MCF as a pivotal development for enabling revolutionary technologies like quantum communications and silicon photonics.
Additionally, STL's entry into the AI-led data center segment, marked by a comprehensive demonstration of its integrated optical cable, connectivity, and interconnect offerings at IMC 2024, underscores the company's commitment to India's technological advancement. With the burgeoning demand for AI-driven services and the exponential growth in AI query volume, the backend infrastructure, namely AI-led data centers, is becoming increasingly critical. As these data centers transition to GPU-based servers, the need for high-performance optical fiber connectivity surges. Recognizing this opportunity, STL has developed a sophisticated portfolio tailored to the unique cabling requirements of GPU-dense data centers. The company's flagship AI-DC portfolio, powered by Intelligently Bonded Ribbon (IBR) cable technology, offers high bandwidth, low latency, and high density to meet the demanding requirements of AI workloads. With its innovative products, including high-density optical fiber cables and connectivity solutions, STL is well-positioned to support the rapid expansion of India's AI data center ecosystem.
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About the Company
Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest optical fibre and optical fibre cable manufacturer in the country. The company also has a sizeable presence in overseas markets with an established presence in the global optical fibre market.
On Wednesday, shares of Sterlite Technologies Ltd surged 2.02 per cent to Rs 123.55 per share from its previous closing of Rs 121.10 with an intraday high of Rs 128.45 and an intraday low of Rs 120. The stock’s 52-week high is Rs 170 while its 52-week low is Rs 109.80. The shares of the company saw a spurt in volume by more than 1.47 times on BSE.
Order book: As of June 30, 2024, the company’s order book stood at Rs 9,883 crore which is spread across its three business units- Optical Networking, Global Services and Digital.
Investors should keep an eye on this telecom stock.
Disclaimer: The article is for informational purposes only and not investment advice.