India's Sterling and Wilson up on receiving $30.5 mln settlement

Sterling and Wilson Renewable Energy

15/12/2023 04:16

** Shares of Sterling and Wilson Renewable Energy  STEN.NS 
up as much as 5% at 445.3 rupees, highest price since Nov. 10,
2021
    ** Co said on Thursday it received a settlement amount of
$30.5 mln from Jinko Solar Co on litigation regarding supply of
solar units
    ** Co on track for biggest yearly gain since listing in 2019
    ** Stock up 65.8% YTD

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))