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 secured several large orders in recent years, including a significant project in Gujarat with Adani Green Energy as part of a five-year strategic partnership. This deal, worth Rs 1,381 crore, is one of the many notable achievements for the firm. Furthermore, Sterling & Wilson Renewable Energy has also clinched a separate international agreement for a 240 MW AC solar PV facility in South Africa, valued at Rs 1,313 crore. These achievements are part of the firm's efforts to strengthen its domestic and international solar portfolio, contributing to higher order inflows and a broader energy portfolio.