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STERLING AND WILSON SOLAR Gains 5%; BSE CAPITAL GOODS Index Up 0.2%
Fri, 13 Sep 13:49

STERLING AND WILSON SOLAR Gains 5%; BSE CAPITAL GOODS Index Up 0.2%Image source: DNY59/www.istockphoto.com

STERLING AND WILSON SOLAR share price has zoomed 5% and is presently trading at Rs 755.4.

Meanwhile, the BSE CAPITAL GOODS index is at 72,738.2 (up 0.2%).

Among the top gainers in the BSE CAPITAL GOODS index today are GMR Infra (up 2.0%) and Bharat Forge (up 1.6%).

TIMKEN INDIA (down 1.5%) and Honeywell Automation (down 1.4%) are among the top losers today.

Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 388.5 to Rs 755.4, registering a gain of Rs 366.9 (up 94.4%).

On the other hand, the BSE CAPITAL GOODS index has moved up from 47,746.4 to 72,738.2, registering a gain of 52.3% during the last 12 months.

The top gainers among the BSE CAPITAL GOODS index stocks during this same period were HINDUSTAN AERO. (up 128.5%), Bharat Electronics (up 101.2%) and BHEL (up 89.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,914.3 (down 0.1%).

The top losers among the BSE Sensex today are ITC (down 1.3%) and MUNDRA PORT & SEZ (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,364.8 (down 0.1%). SBI LIFE INSURANCE and HDFC LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,914.3, registering a gain of 15,787.3 points (up 23.5%).

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 -159.3.


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