Powered by: Motilal Oswal
2024-08-12 10:18:53 am | Source: Accord Fintech
Sterling and Wilson Renewable gains on bagging order for PV Plant in Rajasthan

Sterling and Wilson Renewable Energy is currently trading at Rs. 679.00, up by 5.70 points or 0.85% from its previous closing of Rs. 673.30 on the BSE.

The scrip opened at Rs. 685.25 and has touched a high and low of Rs. 689.55 and Rs. 668.40 respectively. So far 57828 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 828.00 on 21-May-2024 and a 52 week low of Rs. 253.45 on 19-Oct-2023.

Last one week high and low of the scrip stood at Rs. 689.55 and Rs. 608.10 respectively. The current market cap of the company is Rs. 15710.91 crore.

The promoters holding in the company stood at 52.91%, while Institutions and Non-Institutions held 19.15% and 27.94% respectively.

Sterling and Wilson Renewable Energy (SWREL) has received a prestigious new order for the Engineering, Design, Testing & Commissioning of a 400 MW AC/ 633 MW DC PV plant along with Supply & Works for a 33/220 kV switchyard to be built at plant for a PV project in Rajasthan, India. The total value of works including taxes, levies and duties is around Rs 550 crore.

Sterling and Wilson Renewable Energy is engaged in the business of construction and maintenance of power plants. The company's products and services range include Contract activities and Operation Services.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here