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The Economic Times
The Economic Times
Veer Sharma

HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?

HFCL Sterlite Tech Sterlite Sterlite Technologies CLSA India Ravi Singh BharatNet

The artificial intelligence boom is no longer just lifting global technology giants. In India, it is turning optical fibre makers into stock market stars.

Shares of HFCL and Sterlite Technologies Limited have emerged as some of the biggest multibaggers of 2026, riding on explosive demand for AI-linked data centre infrastructure. While Sterlite Tech has surged nearly 375% so far this year, HFCL has rallied about 135% during the same period.

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