India's Sterling and Wilson jumps 10% on first profit in 3+ years

Sterling and Wilson Renewable Energy

22/04/2024 09:59

** Shares of Sterling and Wilson Renewable Energy  STEN.NS 
jumps 10% to an exchange-allowed maximum 617.65 rupees
    ** Renewable energy engineering firm posts first quarterly
profit in over 3 years, per LSEG data, as Q4 rev surges 13-fold
    ** Over 13 mln shares traded in stock's most active session
in 9 months vs 30-day avg of 1.5 mln shares
    ** Stock has surged ~43% this year after rising ~62% in 2023

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))