Sterlite Technologies Limited
Motilal Oswal Mutual Fund bought 36,48,537 shares of Sterlite Technologies for ₹225.87 crore at ₹619.07 apiece in a bulk deal.
A manufacturer of optical fiber and optical fiber cables serving India's telecom and power transmission sectors. Established in 2001 through a demerger of the telecom division from Sterlite Industries, the company expanded into power transmission cables in 2006. It operates as the largest optical fiber cable manufacturer domestically and maintains a substantial presence in overseas markets, supplying critical infrastructure for telecommunications and energy networks.
AMC arm of Motilal Oswal Financial Services, founded on the belief in long-term buy-and-hold quality investing. Manages over Rs 1.5 lakh crore. Famous for the QGLP (Quality, Growth, Longevity, Price) investment framework and concentrated portfolios with very low churn. Flagship Motilal Oswal Midcap and Motilal Oswal Flexi Cap funds reflect deep conviction positioning with 15-25 stock portfolios.