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STERLING AND WILSON SOLAR Gains 4%; BSE CAPITAL GOODS Index Up 0.6%
Wed, 16 Oct 9:55

STERLING AND WILSON SOLAR Gains 4%; BSE CAPITAL GOODS Index Up 0.6%Image source: Sefa Ozel/www.istockphoto.com

STERLING AND WILSON SOLAR share price has zoomed 4% and is presently trading at Rs 605.0.

Meanwhile, the BSE CAPITAL GOODS index is at 72,756.1 (up 0.6%).

Among the top gainers in the BSE CAPITAL GOODS index today are Siemens (up 2.1%) and ABB (up 1.4%).

V GUARD IND. (down 1.1%) and Carborundum Universal (down 0.7%) are among the top losers today.

Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 295.5 to Rs 605.0, registering a gain of Rs 309.5 (up 104.7%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 48,111.6 to 72,756.1, registering a gain of 51.2% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 135.6%), Siemens (up 123.2%) and Bharat Electronics (up 110.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,877.6 (up 0.1%).

The top gainers among the BSE Sensex today are HDFC Bank (up 0.9%) and Bajaj Finserv (up 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,080.1 (up 0.1%). HDFC LIFE INSURANCE and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,877.6, registering a gain of 15,710.7 points (up 23.7%).

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 -296.7.


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