Strong Price Momentum and Market Context
On 18 Feb 2026, Sterlite Technologies Ltd’s stock price surged to Rs.165.1, marking its highest level in the past 52 weeks. This new peak represents a remarkable increase from its 52-week low of Rs.53.9, achieved within the same period, translating to a substantial gain of approximately 206.7%. The stock’s performance over the last year stands out sharply against the benchmark Sensex, which recorded a comparatively modest gain of 9.61% during the same timeframe.
Despite the broader market’s subdued tone, with the Sensex closing down by 0.23% at 83,255.75 after an initial positive opening, Sterlite Technologies maintained its upward trajectory. The Sensex remains 3.49% below its own 52-week high of 86,159.02, highlighting the relative strength of Sterlite Technologies in a cautious market environment.
The stock’s day change was a slight decline of -0.58%, yet it remained well above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning indicates sustained buying interest and a positive trend over multiple time horizons.
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Sector and Industry Performance
Sterlite Technologies operates within the Telecom - Equipment & Accessories sector, which has seen varied performance in recent months. The stock’s ability to outperform its sector peers and the broader market is notable, especially given the sector’s sensitivity to technological shifts and capital expenditure cycles.
The company’s stock price trading above all major moving averages signals strong technical support and investor confidence in its business fundamentals. This is further reflected in the MarketsMOJO Mojo Score of 51.0, which places the stock in the ‘Hold’ category, an upgrade from its previous ‘Sell’ rating as of 16 Feb 2026. This upgrade indicates an improvement in the company’s overall quality and market perception.
Additionally, the Market Cap Grade of 3 suggests a mid-tier market capitalisation, which often appeals to investors seeking a balance between growth potential and stability within the telecom equipment space.
Historical Performance and Quality Assessment
Over the past year, Sterlite Technologies Ltd has delivered a stellar return of 130.59%, significantly outpacing the Sensex’s 9.61% gain. This performance is underpinned by consistent operational execution and favourable industry dynamics. The stock’s resilience is further highlighted by its ability to sustain levels above its 200-day moving average, a key indicator of long-term trend strength.
The recent upgrade in the Mojo Grade from ‘Sell’ to ‘Hold’ reflects an improvement in the company’s financial metrics and market positioning. While the Mojo Score of 51.0 indicates moderate strength, it suggests that the stock is currently fairly valued relative to its peers and sector benchmarks.
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Technical Indicators and Market Sentiment
The stock’s position above all key moving averages is a strong technical signal. The 5-day, 20-day, 50-day, 100-day, and 200-day moving averages all lie below the current price of Rs.165.1, indicating a sustained upward trend. This technical strength often attracts momentum traders and institutional investors looking for stocks with positive price action.
In contrast, the Sensex is trading below its 50-day moving average, although the 50-day average remains above the 200-day average, suggesting a mixed but cautiously optimistic broader market environment. Sterlite Technologies’ outperformance in this context highlights its relative strength and sector leadership.
The slight dip of -0.58% on the day of the new high is not unusual in the context of profit booking or short-term volatility, and does not detract from the overall positive trend established over the past year.
Summary of Key Metrics
To summarise, Sterlite Technologies Ltd’s stock has achieved a new 52-week high of Rs.165.1, reflecting a remarkable 130.59% gain over the last year. The stock’s technical indicators remain robust, trading above all major moving averages. The Mojo Score upgrade to 51.0 and the ‘Hold’ grade reflect improved fundamentals and market perception. Despite a broader market that has shown some weakness, Sterlite Technologies continues to demonstrate strong relative performance within the Telecom - Equipment & Accessories sector.
Conclusion
The attainment of this new 52-week high marks a significant milestone for Sterlite Technologies Ltd, underscoring the company’s sustained growth and resilience in a competitive sector. The stock’s strong technical positioning and improved quality ratings provide a comprehensive picture of its current market standing as of 18 Feb 2026.
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