STERLING AND WILSON SOLAR share price has plunged 4% and is presently trading at Rs 636.3.
Meanwhile, the BSE CAPITAL GOODS index is at 73,460.1 (down 0.8%).
Among the top losers in the BSE CAPITAL GOODS index today are Bharat Forge (down 2.8%) and Siemens (down 2.0%).
Thermax (up 1.5%) and Carborundum Universal (up 1.1%) are among the top gainers today.
Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 358.3 to Rs 636.3, registering a gain of Rs 278.0 (up 77.6%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 46,582.2 to 73,460.1, registering a gain of 57.7% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 126.0%), BHEL (up 124.0%) and Bharat Electronics (up 112.4%).
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The BSE Sensex is at 85,698.6 (up 0.6%).
The top gainers among the BSE Sensex today are Maruti Suzuki (up 4.7%) and Bajaj Finserv (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 26,187.5 (up 0.7%). Maruti Suzuki and M&M are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 85,698.6, registering a gain of 19,674.9 points (up 29.8%).
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 -134.2.
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