Digital infrastructure & IT services penny stock hit lower circuit & 52-week low; Here’s why!

On Friday, shares of Invenia-STL Networks Ltd hit a 5 per cent lower circuit to a 52-week low of Rs 20.35 per share from its previous closing of Rs 21.42 per share. The company has a market cap of over Rs 1,000 crore and the stock’s 52-week high is Rs 23.66 per share

Invenia – STL Networks Ltd., a digital infrastructure and IT services company, was listed on the National Stock Exchange of India (NSE) and BSE Limited (BSE) on September 4, 2025. This follows its strategic demerger from STL - Sterlite Technologies Ltd. The listing is a key part of STL’s value-unlocking journey, with Invenia positioned to scale its system integration, connectivity and managed services portfolio. STL will continue to focus on its core optical networking and Data Centre business.

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The listing was carried out under a scheme of arrangement approved by the NCLT-Mumbai Bench. The record date for the corporate action was declared as April 24, 2025 and shareholders received 1 Invenia equity share for every 1 share they held in STL. This strategic move has already led to significant business wins, including a Rs 2,631 crore contract for the BharatNet III Project in Jammu & Kashmir, which includes Rs 1,625 crore for capital expenditure and Rs 975 crore for operations and maintenance. It also secured a Rs 359 crore contract with PowerGrid Teleservices Limited and a Rs 205 crore system integration project for the Mukhyamanthree Surakshit Sushaait Shahar (MSSS) initiative in three cities in Bihar.

For the year ending March 31, 2025, STL Networks-Invenia reported a revenue of Rs 1,180 crore and an EBITDA of Rs 81 crore. The company also has a strong open order book of over Rs 4,249 crore. Invenia aims to use its expertise in large-scale deployments to strengthen its position in the global digital infrastructure and services space

About Invenia - STL Networks Ltd

Invenia is a premier digital infrastructure and IT services company that empowers telcos, government, defence and large enterprises across various sectors like BFSI, Education, Mining, Energy and Healthcare in India and the UK. The company specialises in enabling digital transformation by providing state-of-the-art services, including Connectivity, System Integration, Managed Services and AI-Enabled Solutions. Driven by its purpose to "Empower next-generation innovation through cutting-edge digital infrastructure," Invenia aims to challenge the status quo and create sustainable value for its customers, investors and employees.

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