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FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?

Posted on July 28, 2026
By Business News Today
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FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?

Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained investor attention after strong Q1 FY27 results, a record order book, AI data centre opportunities and a bullish outlook from brokerages.