Sterling and Wilson Solar is currently trading at Rs. 152.95, up by 7.25 points or 4.98% from its previous closing of Rs. 145.70 on the BSE.
The scrip opened at Rs. 148.15 and has touched a high and low of Rs. 152.95 and Rs. 146.85 respectively. So far 53168 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 755.50 on 20-Aug-2019 and a 52 week low of Rs. 69.75 on 31-Mar-2020.
Last one week high and low of the scrip stood at Rs. 157.00 and Rs. 138.35 respectively. The current market cap of the company is Rs. 2452.71 crore.
The promoters holding in the company stood at 77.22%, while Institutions and Non-Institutions held 15.72% and 7.07% respectively.
Sterling and Wilson Solar has commissioned the operations of its maiden solar PV project in Oman. This is a major landmark in the journey of Sterling and Wilson Solar as it becomes the first Indian company to commission a solar PV project in this region. The company had received the order from Amin Renewable Energy Company SAOC. The Amin Solar PV project is supported by the Japanese-Omani consortium designed by Marubeni Corporation, Oman Gas Company S.A.O.C., Bahwan Renewable Energy Company LLC and Nebras Power. The Amin solar project, with installed capacity of 125 MW (DC), is Oman’s first renewable based Independent Power Project (IPP). It is also the biggest single-unit solar park in the world to use bifacial modules, which generate less heat and can withstand the desert’s temperature fluctuations.
Sterling and Wilson Solar, a Shapoorji Pallonji group company, is a global pure-play, end-to-end solar engineering, procurement and construction (EPC) solutions provider.