HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?

May 27, 2026

Optical fibre makers HFCL and Sterlite Technologies are experiencing a boom, with shares surging due to massive demand for AI-driven data centre infrastructure. India’s growing data centre market and global hyperscaler investments are fueling this growth, making these companies key beneficiaries of the AI expansion.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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