SWSOLAR
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Sterling And Wilson Renewable Energy Says Commissioner Of State Tax Maharashtra Concludes Visit On March 13, 2026
March 13 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
COMMISSIONER OF STATE TAX MAHARASHTRA CONCLUDES VISIT ON MARCH 13, 2026
Source text: ID:nNSE7QLpq2
Further company coverage: STEN.NS
March 13 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
COMMISSIONER OF STATE TAX MAHARASHTRA CONCLUDES VISIT ON MARCH 13, 2026
Source text: ID:nNSE7QLpq2
Further company coverage: STEN.NS
Sterling And Wilson Says Tax Department Initiated Search At Office
March 10 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON: TAX DEPARTMENT INITIATED SEARCH AT CO OFFICE
STERLING AND WILSON: TAX SEARCH HAS NOT IMPACTED CO OPERATIONS
Source text: [ID:]
Further company coverage: STEN.NS
March 10 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON: TAX DEPARTMENT INITIATED SEARCH AT CO OFFICE
STERLING AND WILSON: TAX SEARCH HAS NOT IMPACTED CO OPERATIONS
Source text: [ID:]
Further company coverage: STEN.NS
India's Sterling and Wilson records highest intraday pct gains since July 2023 on revenue rise
** Shares of Indian renewables company Sterling and Wilson STEN.NS jump 11.39% to 220.17 rupees, highest intraday pct gain since mid-July 2023
** Co recorded profit of 260.5 mln rupees in Q3 vs 139 mln rupees loss last year; rev from ops rose ~14%
** More than 7.8 mln shares change hands by 11 a.m. IST, ~7x the 30-day avg
** Stock fell ~53% in 2025
(Reporting by Abhirami G in Bengaluru)
** Shares of Indian renewables company Sterling and Wilson STEN.NS jump 11.39% to 220.17 rupees, highest intraday pct gain since mid-July 2023
** Co recorded profit of 260.5 mln rupees in Q3 vs 139 mln rupees loss last year; rev from ops rose ~14%
** More than 7.8 mln shares change hands by 11 a.m. IST, ~7x the 30-day avg
** Stock fell ~53% in 2025
(Reporting by Abhirami G in Bengaluru)
Sterling And Wilson Renewable Energy Ltd Revises Order Inflow Guidance To Over 110 Billion Rupees For Fy26
Jan 15 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - REVISES ORDER INFLOW GUIDANCE TO OVER 110 BILLION RUPEES FOR FY26
Source text: ID:nBSEBhw7X
Further company coverage: STEN.NS
Jan 15 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - REVISES ORDER INFLOW GUIDANCE TO OVER 110 BILLION RUPEES FOR FY26
Source text: ID:nBSEBhw7X
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Gets Tax Demand Order Worth 9.5 Million Rupees
Dec 24 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
GETS TAX DEMAND ORDER WORTH 9.5 MILLION RUPEES
Source text: ID:nNSE3BMfP0
Further company coverage: STEN.NS
Dec 24 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
GETS TAX DEMAND ORDER WORTH 9.5 MILLION RUPEES
Source text: ID:nNSE3BMfP0
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Sept-Quarter Consol Net Loss 4.73 Billion Rupees
Oct 17 (Reuters) - Sterling and Wilson Renewable Energy STEN.NS:
SEPT-QUARTER CONSOL NET LOSS 4.73 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 17.49 BILLION RUPEES
Source text: ID:nBSEbVnT0P
Further company coverage: STEN.NS
Oct 17 (Reuters) - Sterling and Wilson Renewable Energy STEN.NS:
SEPT-QUARTER CONSOL NET LOSS 4.73 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 17.49 BILLION RUPEES
Source text: ID:nBSEbVnT0P
Further company coverage: STEN.NS
India's Sterling and Wilson falls after unfavourable tribunal order
** Shares of renewable energy co Sterling and Wilson Renewable Energy STEN.NS closed 2% lower at 265.4 rupees
** Arbitral tribunal dismisses $55.06 mln claim made by co’s U.S. unit, awards Conti LLC more than $6.44 mln - STEN
** STEN did not disclose further details regarding the claim
** Over 2.3 mln shares traded, 1.3x 30-day avg
** Stock down 42% YTD
(Reporting by Aleef Jahan)
** Shares of renewable energy co Sterling and Wilson Renewable Energy STEN.NS closed 2% lower at 265.4 rupees
** Arbitral tribunal dismisses $55.06 mln claim made by co’s U.S. unit, awards Conti LLC more than $6.44 mln - STEN
** STEN did not disclose further details regarding the claim
** Over 2.3 mln shares traded, 1.3x 30-day avg
** Stock down 42% YTD
(Reporting by Aleef Jahan)
Sterling And Wilson Renewable Energy Receives Tax Shortfall Order Of 504.1 Million Rupees
Sept 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - COMPANY RECEIVES TAX SHORTFALL ORDER OF 504.1 MILLION RUPEES
Source text: ID:nBSEhWSwp
Further company coverage: STEN.NS
Sept 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - COMPANY RECEIVES TAX SHORTFALL ORDER OF 504.1 MILLION RUPEES
Source text: ID:nBSEhWSwp
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy LOI For 300 MW AC Project In Rajasthan
India's Sterling and Wilson jumps after 14.7 billion rupee wind power orders
** Shares of Sterling and Wilson Renewable Energy Ltd STEN.NS climb 6.3% to 266 rupees
** STEN, which builds and operates renewable energy projects, said it won orders worth 14.70 billion rupees for wind power
** Stock down 42% so far this year, compared to a 10% drop for wind energy peer Suzlon Energy SUZL.NS
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
** Shares of Sterling and Wilson Renewable Energy Ltd STEN.NS climb 6.3% to 266 rupees
** STEN, which builds and operates renewable energy projects, said it won orders worth 14.70 billion rupees for wind power
** Stock down 42% so far this year, compared to a 10% drop for wind energy peer Suzlon Energy SUZL.NS
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
Sterling And Wilson Renewable Energy Names Ajit Pratap Singh As CFO
March 11 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - NAMES AJIT PRATAP SINGH AS CHIEF FINANCIAL OFFICER
STERLING AND WILSON RENEWABLE ENERGY - SANDEEP MATHEW WILL CEASE TO BE INTERIM CFO FROM MARCH 23
Source text: [ID:]
Further company coverage: STEN.NS
March 11 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - NAMES AJIT PRATAP SINGH AS CHIEF FINANCIAL OFFICER
STERLING AND WILSON RENEWABLE ENERGY - SANDEEP MATHEW WILL CEASE TO BE INTERIM CFO FROM MARCH 23
Source text: [ID:]
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Gets Tax Demand Notice For 591.4 Million Rupees
March 4 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY - GETS TAX DEMAND NOTICE FOR 591.4 MILLION RUPEES
Source text: [ID:]
Further company coverage: STEN.NS
March 4 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY - GETS TAX DEMAND NOTICE FOR 591.4 MILLION RUPEES
Source text: [ID:]
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Dec-Quarter Consol Net Profit 148.3 Mln Rupees
Jan 16 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
NAMES SANDEEP THOMAS MATHEW AS INTERIM CFO
DEC-QUARTER CONSOL NET PROFIT 148.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 18.37 BILLION RUPEES
Source text: [ID:]
Further company coverage: STEN.NS
Jan 16 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
NAMES SANDEEP THOMAS MATHEW AS INTERIM CFO
DEC-QUARTER CONSOL NET PROFIT 148.3 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 18.37 BILLION RUPEES
Source text: [ID:]
Further company coverage: STEN.NS
International Conveyors Acquires Shares Of Sterling And Wilson Renewable Energy
Jan 14 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES SHARES OF STERLING AND WILSON RENEWABLE ENERGY
INTERNATIONAL CONVEYORS LTD - ACQUISITION COST IS 58.4 MILLION RUPEES
Source text: ID:nBSE1224Xz
Further company coverage: ICON.NS
Jan 14 (Reuters) - International Conveyors Ltd ICON.NS:
INTERNATIONAL CONVEYORS LTD - ACQUIRES SHARES OF STERLING AND WILSON RENEWABLE ENERGY
INTERNATIONAL CONVEYORS LTD - ACQUISITION COST IS 58.4 MILLION RUPEES
Source text: ID:nBSE1224Xz
Further company coverage: ICON.NS
India's Sterling and Wilson rises on $141 mln order win
** 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))
** 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))
Sterling And Wilson Renewable Energy Gets LoA Worth 5.04 Bln Rupees
Dec 2 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
GOT LOA WORTH 5.04 BILLION RUPEES
Source text: ID:nBSE2JdRts
Further company coverage: STEN.NS
Dec 2 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
GOT LOA WORTH 5.04 BILLION RUPEES
Source text: ID:nBSE2JdRts
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Sept-Qtr Consol Net Profit 70.5 Mln Rupees
Oct 14 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD SEPT-QUARTER CONSOL NET PROFIT 70.5 MILLION RUPEES
STERLING AND WILSON RENEWABLE ENERGY LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.30 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: STEN.NS
Oct 14 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD SEPT-QUARTER CONSOL NET PROFIT 70.5 MILLION RUPEES
STERLING AND WILSON RENEWABLE ENERGY LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 10.30 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: STEN.NS
Sterling And Wilson Renewable Energy Gets Order Worth 5.12 Bln Rupees
Sept 24 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - GETS ORDER WORTH 5.12 BILLION RUPEES
Source text for Eikon: ID:nBSE66m2vJ
Further company coverage: STEN.NS
Sept 24 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - GETS ORDER WORTH 5.12 BILLION RUPEES
Source text for Eikon: ID:nBSE66m2vJ
Further company coverage: STEN.NS
India's Sterling & Wilson up as Anand Rathi starts with "buy"
** Sterling and Wilson Renewable Energy STEN.NS up 1.4%
** Anand Rathi starts with 'buy', citing "inspiring" growth opportunities
** Expects solar orders of 496 bln rupees ($5.91 bln) over FY25-27, with 93.5 bln from Reliance RELI.NS alone
** Says RELI's plan to ramp up renewable energy capacity to help boost STEN; Reliance New Energy holds ~33% stake in STEN
** Brokerage sets PT of 870 rupees on STEN vs current price of about 672 rupees
** Stock up ~56% YTD, while RELI has risen just under 17%
($1 = 83.8575 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
** Sterling and Wilson Renewable Energy STEN.NS up 1.4%
** Anand Rathi starts with 'buy', citing "inspiring" growth opportunities
** Expects solar orders of 496 bln rupees ($5.91 bln) over FY25-27, with 93.5 bln from Reliance RELI.NS alone
** Says RELI's plan to ramp up renewable energy capacity to help boost STEN; Reliance New Energy holds ~33% stake in STEN
** Brokerage sets PT of 870 rupees on STEN vs current price of about 672 rupees
** Stock up ~56% YTD, while RELI has risen just under 17%
($1 = 83.8575 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
Sterling And Wilson Renewable Energy June-Quarter Consol Net Profit At 41.9 Million Rupees
July 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
JUNE-QUARTER CONSOL NET PROFIT 41.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.15 BILLION RUPEES
Source text for Eikon: ID:nBSE8LSx7K
Further company coverage: STEN.NS
July 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
JUNE-QUARTER CONSOL NET PROFIT 41.9 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.15 BILLION RUPEES
Source text for Eikon: ID:nBSE8LSx7K
Further company coverage: STEN.NS
India's Sterling and Wilson jumps 10% on first profit in 3+ years
** Shares of Sterling and Wilson Renewable Energy STEN.NS jumps 10% to an exchange-allowed maximum 617.65 rupees
** Renewable energy engineering firm posts first quarterly profit in over 3 years, per LSEG data, as Q4 rev surges 13-fold
** Over 13 mln shares traded in stock's most active session in 9 months vs 30-day avg of 1.5 mln shares
** Stock has surged ~43% this year after rising ~62% in 2023
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
** Shares of Sterling and Wilson Renewable Energy STEN.NS jumps 10% to an exchange-allowed maximum 617.65 rupees
** Renewable energy engineering firm posts first quarterly profit in over 3 years, per LSEG data, as Q4 rev surges 13-fold
** Over 13 mln shares traded in stock's most active session in 9 months vs 30-day avg of 1.5 mln shares
** Stock has surged ~43% this year after rising ~62% in 2023
(Reporting by Nandan Mandayam in Bengaluru)
((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))
Tecnicas Reunidas, Sterling Generators To Develop Green Hydrogen Electrolyser In India
March 21 (Reuters) - Tecnicas Reunidas SA TRE.MC:
SIGNS WITH STERLING GENERATORS AGREEMENT TO DEVELOP ELECTROLYSER TO PRODUCE GREEN HYDROGEN IN INDIA
GREEN HYDROGEN ELECTROLYSER WITH CAPACITY OF 1 MWE
ELECTROLYSER IS SCHEDULED FOR COMMISSIONING IN LAST QUARTER OF 2024 AND WILL BE EXPANDED TO 10 MW AT A LATER DATE
Source text: https://tinyurl.com/mr264w93
Further company coverage: TRE.MC
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
March 21 (Reuters) - Tecnicas Reunidas SA TRE.MC:
SIGNS WITH STERLING GENERATORS AGREEMENT TO DEVELOP ELECTROLYSER TO PRODUCE GREEN HYDROGEN IN INDIA
GREEN HYDROGEN ELECTROLYSER WITH CAPACITY OF 1 MWE
ELECTROLYSER IS SCHEDULED FOR COMMISSIONING IN LAST QUARTER OF 2024 AND WILL BE EXPANDED TO 10 MW AT A LATER DATE
Source text: https://tinyurl.com/mr264w93
Further company coverage: TRE.MC
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
India's Sterling And Wilson Renewable Energy Dec-Quarter Consol Net Loss Narrows
Jan 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
DEC-QUARTER CONSOL NET LOSS 636.7 MILLION RUPEES VERSUS LOSS 1.01 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.83 BILLION RUPEES VERSUS 4.07 BILLION RUPEES
Further company coverage: STEN.NS
Jan 18 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
DEC-QUARTER CONSOL NET LOSS 636.7 MILLION RUPEES VERSUS LOSS 1.01 BILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.83 BILLION RUPEES VERSUS 4.07 BILLION RUPEES
Further company coverage: STEN.NS
India's Sterling and Wilson up on block deals
** Sterling and Wilson Renewable Energy STEN.NS up 4% at nearly 450 rupees
** Over 495,000 STEN shares traded in two block deals for 451.15 - 453.95 rupees each, per LSEG data
** Stock has traded above 450 rupees only 3 times since Nov 2021; all 3 occasions, incl today, since Dec. 19
** Stock gained about 62% in 2023, only due to a ~71% rally since Nov nL4N3CW1DE nL4N3D61RT nL4N3DA11Q
** Trading vol in past month also higher than avg
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
** Sterling and Wilson Renewable Energy STEN.NS up 4% at nearly 450 rupees
** Over 495,000 STEN shares traded in two block deals for 451.15 - 453.95 rupees each, per LSEG data
** Stock has traded above 450 rupees only 3 times since Nov 2021; all 3 occasions, incl today, since Dec. 19
** Stock gained about 62% in 2023, only due to a ~71% rally since Nov nL4N3CW1DE nL4N3D61RT nL4N3DA11Q
** Trading vol in past month also higher than avg
(Reporting by Navamya Ganesh Acharya in Bengaluru)
((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))
India's Sterling and Wilson up on receiving $30.5 mln settlement
** 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)
** 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)
Sterling And Wilson Renewable Energy Gets Settlement Amount Of $30.54 Million
Dec 14 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - - RECEIVED SETTLEMENT AMOUNT OF $30.54 MILLION
STERLING AND WILSON RENEWABLE ENERGY LTD - RECEIVED SETTLEMENT AMOUNT FROM JINKO SOLAR CO.
Source text for Eikon: ID:nBSE9TftFs
Further company coverage: STEN.NS
Dec 14 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
STERLING AND WILSON RENEWABLE ENERGY LTD - - RECEIVED SETTLEMENT AMOUNT OF $30.54 MILLION
STERLING AND WILSON RENEWABLE ENERGY LTD - RECEIVED SETTLEMENT AMOUNT FROM JINKO SOLAR CO.
Source text for Eikon: ID:nBSE9TftFs
Further company coverage: STEN.NS
India's Sterling and Wilson rises to nearly two-year high
** Shares of Sterling and Wilson Renewable Energy STEN.NS rise 5% to hit upper circuit at 423.2 rupees, highest price since Jan. 17, 2022
** Stock of engineering, procurement and construction (EPC) solutions provider rose 46.4% in the last five weeks
** Co says its lenders, including Union Bank of India UNBK.NS, have approved a resolution plan proposed by co
** It is not immediately clear what the resolution plan is for
** Trading vol is 1.8x the 30-day daily avg; volumes above 1.8 mln for third straight session
** Stock extends YTD gains to ~58%, on track for biggest yearly gain since its listing in 2019
(Reporting by Anuran Sadhu in Bengaluru)
** Shares of Sterling and Wilson Renewable Energy STEN.NS rise 5% to hit upper circuit at 423.2 rupees, highest price since Jan. 17, 2022
** Stock of engineering, procurement and construction (EPC) solutions provider rose 46.4% in the last five weeks
** Co says its lenders, including Union Bank of India UNBK.NS, have approved a resolution plan proposed by co
** It is not immediately clear what the resolution plan is for
** Trading vol is 1.8x the 30-day daily avg; volumes above 1.8 mln for third straight session
** Stock extends YTD gains to ~58%, on track for biggest yearly gain since its listing in 2019
(Reporting by Anuran Sadhu in Bengaluru)
India's Sterling and Wilson rises on receiving $9 mln under indemnity agreement
** Shares of Sterling and Wilson Renewable Energy STEN.NS rise as much as 3.9% to 347 rupees
** Co to receive 752.6 mln rupees ($9.03 mln) under indemnity agreement with parties including Shapoorji Pallonji and Co (SPCPL)
** Adds SPCL will pay claim amount of 3.43 billion rupees in next few business days
** More than 668,500 shares change hands by 11:44 a.m. IST, 0.8x the 30-day avg
** Stock last up 2.4%, extending YTD gains to 28%
($1 = 83.3300 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Sterling and Wilson Renewable Energy STEN.NS rise as much as 3.9% to 347 rupees
** Co to receive 752.6 mln rupees ($9.03 mln) under indemnity agreement with parties including Shapoorji Pallonji and Co (SPCPL)
** Adds SPCL will pay claim amount of 3.43 billion rupees in next few business days
** More than 668,500 shares change hands by 11:44 a.m. IST, 0.8x the 30-day avg
** Stock last up 2.4%, extending YTD gains to 28%
($1 = 83.3300 Indian rupees)
(Reporting by Dimpal Gulwani in Bengaluru)
India's Sterling and Wilson Renewable falls on debt concerns
** Shares of Sterling and Wilson Renewable Energy STEN.NS, fall 5% to a near three-month low of 298.15 rupees
** Stock on track for a second consecutive session of decline
** India Ratings and Research (Ind-Ra) on Tuesday downgraded STEN's bank facilities ratings to IND D from IND BB-
** Downgrade reflects STEN's delays in timely servicing of its debt obligations in Sept. 2023 due to poor liquidity situations - Ind-Ra
** Adds STEN's operating cash flows would not be sufficient to meet its debt obligations in October
** Stock was most active since July 28 as of 2:33 p.m. IST, with a trading volume of 1.98 mln shares - LSEG data
** Including today's losses, STEN up 13.5% in 2023 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))
** Shares of Sterling and Wilson Renewable Energy STEN.NS, fall 5% to a near three-month low of 298.15 rupees
** Stock on track for a second consecutive session of decline
** India Ratings and Research (Ind-Ra) on Tuesday downgraded STEN's bank facilities ratings to IND D from IND BB-
** Downgrade reflects STEN's delays in timely servicing of its debt obligations in Sept. 2023 due to poor liquidity situations - Ind-Ra
** Adds STEN's operating cash flows would not be sufficient to meet its debt obligations in October
** Stock was most active since July 28 as of 2:33 p.m. IST, with a trading volume of 1.98 mln shares - LSEG data
** Including today's losses, STEN up 13.5% in 2023 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))
Sterling And Wilson Renewable Energy Wins Order Of 15.35 Billion Rupees
Sept 29 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
WINS NEW ORDER OF 15.35 BILLION RUPEES FROM NTPC REL IN KHAVDA, GUJARAT
Further company coverage: STEN.NS
Sept 29 (Reuters) - Sterling and Wilson Renewable Energy Ltd STEN.NS:
WINS NEW ORDER OF 15.35 BILLION RUPEES FROM NTPC REL IN KHAVDA, GUJARAT
Further company coverage: STEN.NS
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What does Sterling and Wilson do?
Sterling and Wilson Solar Limited, a division of Sterling and Wilson Private Limited, is a prominent global solar EPC solutions provider with a strong portfolio of solar power projects in various countries, focusing on markets with favorable policies and high solar resources.
Who are the competitors of Sterling and Wilson?
Sterling and Wilson major competitors are Oriana Power, KPI Green Energy, GE Power India, Ravindra Energy, BGR Energy Systems, KP Energy, Ujaas Energy. Market Cap of Sterling and Wilson is ₹4,243 Crs. While the median market cap of its peers are ₹2,376 Crs.
Is Sterling and Wilson financially stable compared to its competitors?
Sterling and Wilson seems to be less financially stable compared to its competitors. Altman Z score of Sterling and Wilson is 2.24 and is ranked 6 out of its 8 competitors.
Does Sterling and Wilson pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sterling and Wilson latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Sterling and Wilson allocated its funds?
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances
How strong is Sterling and Wilson balance sheet?
Balance sheet of Sterling and Wilson is moderately strong.
Is the profitablity of Sterling and Wilson improving?
The profit is oscillating. The profit of Sterling and Wilson is -₹382.37 Crs for TTM, ₹81.45 Crs for Mar 2025 and -₹211.92 Crs for Mar 2024.
Is the debt of Sterling and Wilson increasing or decreasing?
Yes, The net debt of Sterling and Wilson is increasing. Latest net debt of Sterling and Wilson is ₹754 Crs as of Sep-25. This is greater than Mar-25 when it was -₹520.33 Crs.
Is Sterling and Wilson stock expensive?
Sterling and Wilson is not expensive. Latest PE of Sterling and Wilson is 0, while 3 year average PE is 22.45. Also latest EV/EBITDA of Sterling and Wilson is 17.24 while 3yr average is 40.47.
Has the share price of Sterling and Wilson grown faster than its competition?
Sterling and Wilson has given lower returns compared to its competitors. Sterling and Wilson has grown at ~-44.61% over the last 2yrs while peers have grown at a median rate of 35.78%
Is the promoter bullish about Sterling and Wilson?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Sterling and Wilson is 45.72% and last quarter promoter holding is 45.72%.
Are mutual funds buying/selling Sterling and Wilson?
The mutual fund holding of Sterling and Wilson is decreasing. The current mutual fund holding in Sterling and Wilson is 0.53% while previous quarter holding is 1.47%.
