Sterlite Technologies Ltd Hits Intraday High with 7.97% Surge on 9 Feb 2026

Intraday Performance and Price Movement

The stock of Sterlite Technologies Ltd, a key player in the Telecom - Equipment & Accessories sector, demonstrated remarkable strength today. It touched a new 52-week high of Rs 143.5, reflecting an intraday gain of 8.34%. This surge translated into a day change of 7.97%, substantially outpacing the Sensex’s modest 0.50% rise on the same day.

Trading activity was marked by high volatility, with an intraday volatility of 34.15% calculated from the weighted average price, indicating significant price fluctuations throughout the session. Despite this, the stock maintained an upward trajectory, closing well above its key moving averages.

Technical Indicators and Moving Averages

Sterlite Technologies Ltd is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling strong technical momentum. This broad-based support across multiple timeframes suggests sustained buying interest and resilience in the stock’s price action.

The stock’s Mojo Score stands at 44.0 with a Mojo Grade of Sell, upgraded from a previous Strong Sell rating on 28 Jan 2026. The Market Cap Grade is 3, reflecting its mid-tier market capitalisation status within the sector.

Comparative Sector and Market Context

In comparison to the Telecom - Equipment & Accessories sector, Sterlite Technologies Ltd outperformed by 7.12% today, underscoring its relative strength within the industry. The broader market, represented by the Sensex, opened higher at 84,177.51 points, gaining 597.11 points (0.71%) initially, and was trading at 84,026.75 points (0.53%) during the stock’s peak performance.

The Sensex remains 2.54% below its 52-week high of 86,159.02, with a positive trend marked by a 3.05% gain over the past three weeks. Mega-cap stocks are leading the market rally, contributing to the overall bullish sentiment.

Performance Trends Over Various Timeframes

Sterlite Technologies Ltd has exhibited strong performance across multiple time horizons. Over the past week, the stock surged 29.64%, vastly outperforming the Sensex’s 2.86% gain. The one-month performance is even more pronounced, with a 51.78% increase compared to the Sensex’s 0.51% rise.

Over three months, the stock appreciated by 24.38%, while the Sensex gained 0.94%. The one-year performance stands out with an 81.57% increase, dwarfing the Sensex’s 7.88% rise. Year-to-date, Sterlite Technologies Ltd has advanced 37.58%, contrasting with the Sensex’s decline of 1.43%.

Longer-term trends show more moderate gains, with a three-year increase of 9.76% versus the Sensex’s 38.14%, and a five-year gain of 6.01% against the Sensex’s 63.65%. Over a decade, the stock has appreciated 138.65%, while the Sensex rose 249.69%.

Market Capitalisation and Rating Updates

The company’s Market Cap Grade of 3 places it in the mid-range category, reflecting its market size relative to peers. The recent upgrade in Mojo Grade from Strong Sell to Sell on 28 Jan 2026 indicates a slight improvement in the stock’s fundamental and technical outlook, although the rating remains cautious.

This upgrade coincides with the stock’s strong intraday performance and technical strength, suggesting that the market is recognising improved conditions for Sterlite Technologies Ltd within the Telecom - Equipment & Accessories sector.

Trading Activity and Volatility

The stock’s high intraday volatility of 34.15% reflects active trading and significant price swings during the session. Such volatility often attracts attention from traders seeking to capitalise on short-term price movements.

Despite the fluctuations, Sterlite Technologies Ltd maintained a strong upward trend, closing near its intraday peak. This resilience amid volatility highlights the stock’s capacity to absorb market pressures and sustain gains.

Sectoral and Broader Market Dynamics

The Telecom - Equipment & Accessories sector saw Sterlite Technologies Ltd outperform its peers by 7.12% today, underscoring its relative strength within the industry. The broader market environment remains cautiously optimistic, with the Sensex on a three-week consecutive rise and mega-cap stocks leading gains.

While the Sensex trades below its 50-day moving average, the 50DMA remains above the 200DMA, signalling a generally positive medium-term trend. This backdrop provides a supportive environment for stocks demonstrating strong technical and price momentum such as Sterlite Technologies Ltd.

Summary of Key Metrics

To summarise, Sterlite Technologies Ltd’s key intraday metrics on 9 Feb 2026 include:

• Intraday high of Rs 143.5, a new 52-week peak
• Day change of 7.97%, outperforming Sensex by 7.47 percentage points
• Intraday volatility of 34.15%
• Trading above all major moving averages (5, 20, 50, 100, 200 days)
• Mojo Score of 44.0 with a Sell rating, upgraded from Strong Sell
• Market Cap Grade of 3

These figures illustrate a stock experiencing strong intraday momentum supported by technical strength and relative sector outperformance.

Conclusion

Sterlite Technologies Ltd’s performance on 9 Feb 2026 highlights a day of significant price appreciation and active trading. The stock’s ability to reach a new 52-week high amid a volatile session and outperform both its sector and the broader market underscores its current market strength. Technical indicators reinforce this positive momentum, with the stock trading comfortably above key moving averages and reflecting an improved rating outlook.

While the broader market shows cautious optimism, Sterlite Technologies Ltd’s intraday surge stands out as a notable development within the Telecom - Equipment & Accessories sector.

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