Sterling & Wilson Shares Rise 8% on New Orders Amid Volatility
Sterling & Wilson Renewable Energy’s share price saw a sharp jump of over 8% on Tuesday, reaching ₹272.25 per share on the Bombay Stock Exchange (BSE).
www.niftytrader.inSterling & Wilson Renewable Energy firm has obtained several large orders in past years, including a significant venture in Gujarat with Adani Green Energy as part of a five-year strategic collaboration. This deal, worth Rs 1,381 crore, is one of the many notable wins for the firm. Furthermore, Sterling & Wilson Renewable Energy has also secured a separate international contract for a 240 MW AC solar PV plant in South Africa, valued at Rs 1,313 crore. These wins are part of the company's efforts to strengthen its domestic and international solar portfolio, contributing to higher order inflows and a broader solutions portfolio.