New Delhi, April 1 -- Sterlite Technologies' share price jumped almost 6 per cent in intraday trade on the BSE on Tuesday, April 1, after the company announced the completion of the demerger of its global service business. Sterlite Technologies' share price opened at Rs.81.50 against its previous close of Rs.80.96 and jumped 6 per cent to the level of Rs.85.80. Around 1:35 PM, the stock traded 4.46 per cent up at Rs.84.57.

During market hours on April 1, the company announced through an exchange filing that it had successfully completed the demerger of its global services business.

The company's services business will transition from Sterlite Technologies to STL Networks under the brand name "Invenia."

"This milestone marks the culmina...