Rs 9,883 crore order book: Power transmission cable manufacturer presents its industry-leading Microcable using the miniaturised 180-micron fibre

The stock gave multibagger returns of 1,100 per cent since its stock was listed on both exchanges in April 2005.

Sterlite Technologies Ltd (STL) has once again demonstrated its commitment to innovation with the introduction of its industry-leading 288-fibre Microcable using 180-micron fibre. This groundbreaking achievement positions STL as a pioneer in the development of microcable products utilizing such miniaturized fibres. The company's dedication to pushing the boundaries of technology is evident in its ability to seamlessly integrate 180-micron fibre into its microcable design, resulting in a product that sets new standards for performance and efficiency.

In addition to the 180-micron Microcable, STL also showcased its enhanced 200-micron Microcable family. By achieving a significant 20% average area reduction, STL has effectively optimized duct utilization and blow performance. This translates into improved installation efficiency, reduced material consumption, and a lower carbon footprint, offering substantial benefits to both service providers and installers.

STL's 180-micron Microcable represents a convergence of two industry-leading innovations: a miniaturized fibre design and a high-density, low-diameter cable. With 288 fibres packed into a compact 6.6 mm outer diameter, the product offers exceptional installation and handling performance. Adhering to stringent industry standards, this flexible and lightweight cable can be easily deployed in 8mm microducts using air-blowing techniques, significantly reducing installation time and cost. The bend-insensitive properties of the fibre further enhance the cable's reliability and resilience, making it suitable for even the most challenging deployment scenarios.

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 Friday, shares of Sterlite Technologies Ltd surged 1.54 per cent to Rs 131.50 per share from its previous closing of Rs 129.50 with an intraday high of Rs 135.35 and an intraday low of Rs 129.40. The stock’s 52-week high is Rs 179 while its 52-week low is Rs 109.80.

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.

The stock gave multibagger returns of 1,100 per cent since its stock was listed on both exchanges in April 2005. Investors should keep an eye on this telecom stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

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