New Delhi, June 12 -- Sterlite Technologies stock price in focus today: Shares of Sterlite Technologies, one of the largest manufacturers of Optical Fiber and Optical Fiber Cables, surged 15.2% in intraday trade on Thursday, June 12, hitting a 4-week high of Rs.88.7 apiece.

The rally followed the company's announcement, via a regulatory filing on June 11, that it had signed an agreement with Bharat Sanchar Nigam Limited (BSNL), in consortium with Dilip Buildcon, for Rs.2,631.14 crore telecom project.

The company said the contract was secured through its demerged Global Services business, STL Networks. The project involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network f...