Sterlite Tech, HFCL shares rally up to 5% after 2-day fall. What’s triggering the surge?

Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech stock recovery and is driven by India's booming data center industry, fueled by digitalization and AI demand. Both companies, key players in optical fiber cable manufacturing, are poised for further growth, with analysts maintaining positive outlooks.

from Economic Times https://ift.tt/PigfKZl