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Sterlite Technologies Limited ( (IN:STLTECH) ) has issued an announcement.
Sterlite Technologies Limited is currently involved in a legal dispute with Fujikura Ltd and Fujikura Europe over alleged patent infringement concerning STL’s ribbed cables in the UK. The High Court of Justice issued a split judgment, finding STL’s low-fiber-count cables infringing while ruling that their ultra-high-fiber-count cables do not infringe. STL plans to appeal the decision, and the financial impact remains uncertain until the matter is fully resolved.
More about Sterlite Technologies Limited
Sterlite Technologies Limited operates in the technology industry, focusing on the development and supply of optical fiber cables and related solutions. The company is known for its innovative approach to delivering high-tech solutions globally.
Average Trading Volume: 120,805
Technical Sentiment Signal: Hold
Current Market Cap: 48.83B INR
For detailed information about STLTECH stock, go to TipRanks’ Stock Analysis page.