India's Sterling and Wilson rises on $141 mln order win

Sterling and Wilson Renewable Energy

23/12/2024 05:11

** Shares of Sterling and Wilson Renewable Energy  STEN.NS 
rise as much as 6.7% to 472.95 rupees
    ** Renewable energy engineering firm on Sunday said it has
won domestic order worth about 12 bln rupees ($141.1 mln)
    ** More than 1.7 mln shares change hands, 1.4x of 30-day avg
    ** Avg rating of three analysts equivalent of "buy", median
PT is 831 rupees - LSEG data
    ** Stock up 6.1% YTD




($1 = 85.0625 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))