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Sterlite Tech stock locks 5% upper circuit on ₹3,000-crore capex plan

Sterlite Technologies Ltd. shares were locked in a 5% upper circuit on Friday, September 4, after it announced a ₹3,000-crore capital expenditure plan to expand capacity at its existing manufacturing facility.

STLTECH

Shares of Sterlite Technologies Ltd. were locked in a 5% upper circuit on Friday, September 4, after the company announced a ₹3,000-crore capital expenditure plan to expand capacity at its existing manufacturing facility.The expansion is expected to increase Sterlite Tech's installed manufacturing…