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STERLING AND WILSON SOLAR Gains 4%; BSE CAPITAL GOODS Index Up 0.9%
Tue, 10 Sep 12:4

STERLING AND WILSON SOLAR Gains 4%; BSE CAPITAL GOODS Index Up 0.9%Image source: phive2015/www.istockphoto.com

STERLING AND WILSON SOLAR share price has zoomed 4% and is presently trading at Rs 719.6.

Meanwhile, the BSE CAPITAL GOODS index is at 71,429.5 (up 0.9%).

Among the top gainers in the BSE CAPITAL GOODS index today are Lakshmi Machine (up 2.3%) and AIA Engineering (up 1.8%).

SCHAEFFLER INDIA (down 0.6%) and ABB (down 0.5%) are among the top losers today.

Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 366.5 to Rs 719.6, registering a gain of Rs 353.2 (up 96.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 45,845.0 to 71,429.5, registering a gain of 55.8% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 134.9%), Bharat Electronics (up 106.7%) and BHEL (up 93.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,840.0 (up 0.3%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.5%) and Infosys (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,024.6 (up 0.4%). Divis Laboratories and LTIMINDTREE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,840.0, registering a gain of 15,959.5 points (up 24.2%).

STERLING AND WILSON SOLAR Financial Update...

STERLING AND WILSON SOLAR net profit grew 105.1% YoY to Rs 48 million for the quarter ended June 2024, compared to a loss of Rs 953 million a year ago. Net sales rose 77.7% to Rs 9,151 million during the period as against Rs 5,150 million in April-June 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 -151.7.


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