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STERLING AND WILSON SOLAR Gains 3%; BSE CAPITAL GOODS Index Down 0.1%
Tue, 15 Oct 10:33

STERLING AND WILSON SOLAR Gains 3%; BSE CAPITAL GOODS Index Down 0.1%Image source: hudiemm/www.istockphoto.com

STERLING AND WILSON SOLAR share price has zoomed 3% and is presently trading at Rs 573.7.

Meanwhile, the BSE CAPITAL GOODS index is at 71,989.1 (down 0.1%).

Among the top gainers in the BSE CAPITAL GOODS index today are Carborundum Universal (up 3.6%) and Graphite India (up 1.6%).

V GUARD IND. (down 0.7%) and L&T (down 0.7%) are among the top losers today.

Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 313.4 to Rs 573.7, registering a gain of Rs 260.3 (up 83.1%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,961.7 to 71,989.1, registering a gain of 50.1% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 132.5%), Siemens (up 117.2%) and Bharat Electronics (up 108.4%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,763.4 (down 0.3%).

The top losers among the BSE Sensex today are M&M (down 1.9%) and Bajaj Finance (down 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and Reliance Ind..

In the meantime, NSE Nifty is at 25,033.2 (down 0.4%). Bajaj Auto and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,473.1 to 81,763.4, registering a gain of 15,290.3 points (up 23.0%).

STERLING AND WILSON SOLAR Financial Update...

STERLING AND WILSON SOLAR net profit grew 115.7% YoY to Rs 86 million for the quarter ended September 2024, compared to a loss of Rs 545 million a year ago. Net sales rose 35.7% to Rs 10,305 million during the period as against Rs 7,595 million in July-September 2023.

For the year ended March 2024, STERLING AND WILSON SOLAR reported 82.1% increase in net profit to Rs -2,108 million compared to net loss of Rs 11,750 million during FY23. Revenue of the company grew 50.6% to Rs 30,354 million during FY24.

The current Price to earnings ratio of STERLING AND WILSON SOLAR, based on rolling 12 month earnings, stands at -281.4.


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