STL launches QIP at ₹613.69, with stock hitting upper circuit as it seeks to raise capital from institutional investors.

Sterlite Technologies' stock climbed nearly 5% to Rs 613.35 as it officially launched its Qualified Institutions Placement (QIP) to bolster its capital. The company's board and…

STL launches QIP at ₹613.69, with stock hitting upper circuit as it seeks to raise capital from institutional investors.