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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Sterlite Tech shares slide 5% after rallying 56% in one month. Here's why

Sterlite Sterlite Tech Sterlite Technologies NSE Kospi Samsung SK Hynix

Shares of Sterlite Technologies dropped 5% to hit the lower circuit on Monday, after a massive 56% surge in one month and a whopping 474% rally so far in 2026, as a pause in the global AI optimism dampened sentiment.

Shares of the company remained locked in the lower circuit at Rs 588.30 apiece on NSE in the morning trading hours of Monday.

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