Sterlite Tech share price soars over 10% as Q1 net profit doubles
Sterlite Tech on Thursday reported nearly two-fold jump in net profit at Rs 121 crore for the June quarter due to strong demand for its products in the domestic market. The company had registered a net profit of around Rs 61 crore in the same period a year ago.
Sterlite Tech share price jumped as much as 10.24 per cent to Rs 332. Image source: Reuters