# Sterlite Technologies shares hit upper circuit after stellar Q1 results 2026-08-09T20:58:19+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Sterlite Technologies shares hit a 5% upper circuit at Rs 620.90 on Monday after the company reported its strongest quarter ever. The optical and digital technology firm's Q1 revenue rose 33% quarter-on-quarter to Rs 1,910 crore. EBITDA jumped 97% QoQ to Rs 385 crore, with margins expanding to 20%. The company's order book surged 155% QoQ to Rs 18,600 crore, and Sterlite is now net debt-free. Global brokerage CLSA upgraded the stock to 'outperform' with a price target of Rs 950, citing strong AI infrastructure demand. Sterlite also raised Rs 1,500 crore through a QIP during the quarter. ## Coverage - businesstoday.in Tags: AI infrastructure, optical fibre, Q1 earnings, Sterlite Technologies, stock market Canonical: https://indianopinion.org/sterlite-technologies-shares-hit-upper-circuit-after-stellar-q1-results/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sterlite-technologies-shares-hit-upper-circuit-after-stellar-q1-results/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.