India's Sterling and Wilson falls after unfavourable tribunal order

Sterling and Wilson Renewable Energy

22/09/2025 11:04

** Shares of renewable energy co Sterling and Wilson Renewable Energy STEN.NS closed 2% lower at 265.4 rupees

** Arbitral tribunal dismisses $55.06 mln claim made by co’s U.S. unit, awards Conti LLC more than $6.44 mln - STEN

** STEN did not disclose further details regarding the claim

** Over 2.3 mln shares traded, 1.3x 30-day avg

** Stock down 42% YTD

 (Reporting by Aleef Jahan)

 ((aleefjahan.cs@thomsonreuters.com))