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Here's why Sterlite Tech stock is buzzing in trade today

Updated : December 29, 2020 04:44:03 IST

Sterlite Tech has been a star performer this year, up 200 percent from March lows.

Reema Tendulkar reports that one of the reasons for the upmove is China's plan to double the 5G base stations in 2021, which might result in increased optic fibre prices.

There were also news reports that the company has lined up Rs 300 crore capacity expansion plan.

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