India's Sterling and Wilson jumps on posting quarterly profit

Sterling and Wilson Renewable Energy

16/01/2025 08:46

** Shares of Sterling and Wilson Renewable Energy  STEN.NS 
climb 9.1% to 462.8 rupees 
    ** Renewable energy engineering co reported Dec-qtr consol
net profit at 148.3 mln rupees ($1.7 mln) from loss of 636.7 mln
rupees a year ago 
    ** Stock was up ~3% ahead of results 
    ** STEN eyes busiest trading session in over three weeks,
volumes at 2.6x the 30-day avg 
    ** Stock gained 6% in 2024 vs ~24% rise in Nifty smallcap
index  .NIFSMCP100  




($1 = 86.4720 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))