Beyond Vedanta: The other Anil Agarwal stock that just exploded 500% on AI boom (opens original article in a new tab)

Sterlite Technologies' stock rose 500% in 2026 as AI demand boosted optical fibre manufacturing, with analysts predicting continued growth despite high valuations.

• Sterlite Technologies' stock surged 500% in 2026 due to AI-driven demand for optical fibre infrastructure.
• India's data centre IT load grew from 350 MW in 2019 to 1.5-1.6 GW in 2025, with global hyperscalers increasing AI data centre investments.
• Analysts expect further growth for Sterlite Technologies but warn of high valuations and risks tied to order execution and AI/telecom capex.