Sterlite Tech shares in upper circuit after launching QIP at premium; Stock up 500% this year
Sterlite Technologies Ltd., shares of whom are the second-best performers on the BSE Smallcap index in 2026 so far with a 500% rally, has launched an institutional share sale to raise funds from eligible institutional investors. The board of Sterlite Technologies approved the launch of the Qualified Institutional Placement (QIP) on Wednesday, June 24, it…
