STERLING AND WILSON SOLAR share price has plunged 3% and is presently trading at Rs 470.0.
Meanwhile, the BSE CAPITAL GOODS index is at 65,946.2 .
Among the top losers in the BSE CAPITAL GOODS index today are Honeywell Automation (down 3.1%) and GRINDWELL NORTON (down 2.1%).
Carborundum Universal (up 1.4%) and ADANI GREEN ENERGY (up 0.7%) are among the top gainers today.
Over the last one year, STERLING AND WILSON SOLAR has moved up from Rs 286.8 to Rs 470.0, registering a gain of Rs 183.2 (up 63.9%).
On the other hand, the BSE CAPITAL GOODS index has moved up from 48,009.5 to 65,946.2, registering a gain of 37.4% during the last 12 months.
The top gainers among the BSE CAPITAL GOODS index stocks during this same period were Bharat Electronics (up 101.8%), HINDUSTAN AERO. (up 96.4%) and Siemens (up 95.6%).
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The BSE Sensex is at 77,643.4 (down 0.1%).
The top losers among the BSE Sensex today are Power Grid Corp. (down 1.0%) and Tech Mahindra (down 1.0%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 23,542.2 (down 0.1%). Titan and Power Grid Corp. are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,259.5 to 77,643.4, registering a gain of 12,384.0 points (up 19.0%).
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 -230.6.
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