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Sterlite Tech
Sterlite Tech is betting big on technology boom driving India’s optical fibre market
For Sterlite Technologies, the last 12 months have been rocky at the bourses. Even while recording a 60% top line growth and 68% jump in profits, the stock has lost nearly two-thirds of its value. This took down the company’s market capitalisation from Rs 13,249 crore as on September 26 last year to Rs 6,506 …