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HFCL, Sterlite Tech boost capex on AI-driven fiber demand

4 May 2026via Moneycontrol.comSource

HFCL, Sterlite Tech boost capex on AI-driven fiber demand. Global AI data center expansion in US and Europe is fueling strong demand for optical fiber, benefiting Indian suppliers. Both HFCL and Sterlite Tech are scaling up exports and increasing capital expenditure to meet orders. This shift supports revenue growth and long-term sector competitiveness.
📊 STOCKS: HFCL, STL | 🏢 SECTOR: Telecom | #MEDIUMIMPACT #fiber

#fiber#AI#capex#exports

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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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