Sterling and Wilson Renewable trades higher on receiving order worth Rs 504 crore
Sterling and Wilson Renewable Energy is currently trading at Rs. 492.20, up by 5.85 points or 1.20% from its previous closing of Rs. 486.35 on the BSE.
The scrip opened at Rs. 486.30 and has touched a high and low of Rs. 502.90 and Rs. 480.45 respectively. So far 51937 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. 326.00 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 512.75 and Rs. 476.00 respectively. The current market cap of the company is Rs. 11536.95 crore.
The promoters holding in the company stood at 45.75%, while Institutions and Non-Institutions held 23.78% and 30.47% respectively.
Sterling and Wilson Renewable Energy has received a new domestic order from a Private IPP. The company received the LOA for Supply, Installation and Commissioning of a 305 MW AC / 396 MWp DC PV plant for a PV project in Rajasthan, India from one of its repeat customers. The total value of works including taxes is around Rs 504 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.an
