Refile: BUZZ-India's Sterling and Wilson rises after $103 million order win

Sterling and Wilson Renewable Energy

23/09/2026 10:17

Refiles to add reporting credits and widen distribution; no changes to text
** Sterling and Wilson Renewable Energy STEN.NS shares rise 1.4% to 180.87 rupees 
** Co secures orders for 534.3 MWp in Rajasthan and 616 MWh of battery energy storage projects in South Africa
** Orders worth 9.85 billion Indian rupees ($102.90 million)
** Stock trades at forward 12-month PE of 11.87 vs industry median of 16.15 - data compiled by LSEG
** YTD, STEN down 15.4% vs 12.5% fall in shares of peer Waaree Renewable Technologies WAAE.NS 


($1 = 95.7200 Indian rupees)

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))