680% Return In One Year: Motilal Oswal MF Buys 36.48 Lakh Shares In This Optical Networking Stock Via Bulk Deal; FII Stake Increases

On Monday, Indian equity benchmarks opened sharply lower, with the benchmark Nifty 50 index declining 0.93 per cent to 23,149.05. Amid the weak market sentiment, Sterlite Technologies (STL) share price is trading at 5 per cent lower at Rs 588.30. The stock remained in focus after Motilal Oswal Mutual Fund acquired a significant stake through a bulk market transaction.

Motilal Oswal Mutual Fund Acquires 36.48 Lakh Shares

According to bulk deal data available on the exchanges, Motilal Oswal Mutual Fund purchased 36,48,537 equity shares of Sterlite Technologies on June 5, 2026.

The transaction was executed at an average price of Rs 619.07 per share, taking the overall deal value to approximately Rs 225.87 crore.

Sterlite Technologies Shareholding Pattern

The latest shareholding pattern indicates that Foreign Institutional Investors (FIIs) increased their stake in Sterlite Technologies to 11.47 per cent in March 2026, compared with 10.93 per cent in the December 2025 quarter.

Promoter holding remained largely stable at 44.44 per cent during March 2026 against 44.45 per cent in the previous quarter. Domestic Institutional Investors (DIIs) held 10.84 per cent, compared with 11.04 per cent in December 2025.

Sterlite Technologies Share Price Performance

Sterlite Technologies has delivered strong returns across multiple time periods. The stock has generated a return of approximately 56.48 per cent over the past month, while the six-month return stands at 513.90 per cent. On a one-year basis, the stock has surged around 680.03 per cent, reflecting significant wealth creation for shareholders.

The company currently commands a market capitalisation of approximately Rs 28,724 crore.

About Sterlite Technologies

Sterlite Technologies Limited is a leading digital networks solutions company engaged in the design, manufacture and deployment of optical fibre, optical fibre cables, network software and digital connectivity solutions. The company serves telecom operators, cloud companies, enterprises and government institutions across multiple geographies.

The company operates an integrated business model spanning optical networking products, system integration services and digital network solutions. Its offerings support 5G rollouts, broadband expansion, data centre connectivity and large-scale digital infrastructure projects.

Sterlite Technologies has established a global presence with customers across Asia, Europe, the Middle East, Africa and the Americas. The company continues to focus on enabling next-generation digital networks through investments in technology, manufacturing capabilities and innovation-led solutions.

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