India's Sterling and Wilson Renewable drops 8% as Q1 loss widens

Sterling and Wilson Renewable Energy

13/07/2022 05:45

July 13 (Reuters) -   ** Shares of India-based solar
engineering company Sterling and Wilson Renewable Energy
 STEN.NS  fall as much as 8.07% to 284.15 rupees, their biggest
pct loss since Feb 24  
   ** STEN on Tuesday reported consol net loss of 3.54 bln
rupees vs loss of 761.2 mln rupees a year ago  urn:newsml:reuters.com:*:nFWN2YT07J
   ** STEN reported consol revenue from operations of 12.07 bln
rupees vs 11.95 bln rupees a year ago 
    ** Total expenses jumped 19% 
    ** About 379,344 shares change hands, 2.2x 30-day average of
109,770.7 shares   
    ** STEN shares down 23.91% YTD
    

 (Reporting by Navamya Ganesh Acharya)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))