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OPTICAL FIBRE CABLES
Sterlite Tech shares jump 4% as Nomura initiates coverage forecasting nearly 50% upside in 2026 multibagger. Here’s whyNomura initiated coverage on Sterlite Technologies with a Buy rating and Rs 1,350 target, implying 48.5% upside. The brokerage expects stro...- HFCL stock triples in 6 months as AI, defence orders boost outlookThe stock of HFCL is soaring, attributed to remarkable achievements in optical fibre cables and defence electronics sectors. With a new rev...
- CScale raises $145 million for AI networking, with backing from Nvidia and IntelThe Silicon Valley startup, backed by Nvidia and Intel, is developing technology to replace copper links inside AI data-centre servers with...
- AI data centres create new connectivity needs, Corning looks to support India’s growthCorning manufactures optical fibre at its Chakan facility in Maharashtra and operates a data centre experience centre in Pune. It has also ...
- Global Market: Japan’s Nikkei rises as AI stocks track US chip gainsJapan’s Nikkei rose 1.3% on Wednesday, led by AI and semiconductor stocks, while banking and shipping shares also advanced. SoftBank, Tokyo...
- Stocks in news: Waaree Energies, PB Fintech, Lemon Tree Hotels and Dr Lal PathLabsIndian equity markets saw significant declines, with the NSE Nifty 50 index dropping by over 380 points. PB Fintech experienced a sharp 36%...
- AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
- CLSA hikes Sterlite Tech share price target by 47%; maintains Outperform call on stock that’s up 775% YTDSterlite Tech shares gained 2% after CLSA raised its target price by 47% to Rs 1,400, implying a 55.55% upside, while retaining its Outperf...
- Stocks in news: Tata Group stocks, HDFC Bank, Coforge, HFCL, Sun Pharma and Varun BeveragesOn September 11, Indian stock markets experienced a remarkable bounce back after an initial dip at opening. Key index heavyweights attracte...
- India's data centre construction value chain could reach $90 billion by FY35: KPMGIndia's data centre infrastructure market is projected to reach ninety billion dollars by fiscal year thirty-five. Rapid capacity expansion...
- Sterlite Tech shares in focus as firm secures US certification for AI data centre fibre assembliesSterlite Technologies secured US certification for its indoor optical fibre assemblies designed for AI data centres. The company is targeti...
- Global Market: Nikkei gains as AI, semiconductor stocks lift Japanese sharesJapan’s Nikkei rose 0.43% to 65,549.88, supported by renewed optimism in AI, semiconductor and data-centre demand despite Middle East tensi...
- Scientists discover a surprising new way to map what lies beneath cities using thunder, revealing hidden underground hazards and possible sinkhole zonesScientists are using thunder's vibrations to map underground geology. Existing fiber-optic cables detect tiny ground movements triggered by...
- Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 daysUltraTech’s entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition...
- HFCL shares jump 5% as FY26 order book surges 113% to Rs 21,206 croreHFCL shares gained nearly 5% after the company’s FY26 Annual Report highlighted a 113% year-on-year surge in its order book to Rs 21,206 cr...
- Sterlite Tech shares hit 5% upper circuit as firm targets Rs 20,000 crore revenue by FY29 amid booming AI demandSterlite Technologies shares hit a 5% upper circuit after unveiling ambitious FY29 growth targets, including Rs 20,000 crore revenue and gl...
- Global Market: Japan’s Nikkei struggles for direction as chip stocks weigh, bond yields fallJapan’s Nikkei traded in a narrow range as lower bond yields and softer oil prices offset weakness in semiconductor stocks following a drop...
- Satcom spectrum fee: DCC may soon decide airwave charges, allocation termsA forthcoming inter-ministerial panel meeting will address the fees and allocation frameworks for satellite spectrum. It is anticipated tha...
- Train passengers, a major safety upgrade is coming: Rs 170 crore approved for a project covering another 712 km of tracksRailways has approved the deployment of Kavach Version 4.0 across 712 route kilometres in the Moradabad Division. The rollout will strength...
- HFCL bags Rs 2,329 cr optical fibre cable export orderHFCL has secured a significant export order valued at USD 244 million. This agreement is for supplying high-quality optical fibre cables to...
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