Bengaluru, June 17 -- India's cable and wire industry is valued at Rs 1,00,000 crore ($12 billion) in 2025 and is projected to reach Rs 1,22,000 crore by 2027, growing at a CAGR of over 9%. The sector, driven by rapid urbanization, infrastructure expansion, and renewable energy, accounts for nearly 40% of the nation's electrical industry.

With a market capitalisation of Rs 5,486.83 crore, the shares of Sterlite Technologies Ltd were trading at Rs 112.45 per share, increasing around 13.12 percent as compared to the previous closing price of Rs 99.41 apiece.

The shares of Sterlite Technologies Ltd have surged significantly by 51.51 percent in the last 5 trading sessions. Firstly, Sterlite Technologies' Rs 2,631 crore consortium contract w...