Sterling & Wilson Renewables Share: Shares of Sterling & Wilson Renewable Energy Limited witnessed a strong rally of about 10 percent today on January 16. This stock closed at Rs 460.85 on BSE with a gain of 8.54 percent. In fact, the company has released the results for the December quarter of FY25, according to which it has returned to profit from loss. After this news, there was heavy buying in the company’s shares today. With today’s rise, the market cap of the company has increased to Rs 10760 crore. The stock’s 52-week high is Rs 828 and 52-week low is Rs 403.50.
How were Sterling & Wilson’s quarterly results?
Sterling & Wilson reported a net profit of ₹14.8 crore in the December quarter, compared to a net loss of ₹63.7 crore in the December quarter last year. The company’s EBITDA was positive at ₹70.5 crore, compared to a loss of ₹16 crore in the same period last year. EBITDA margin stood at 3.8% during the quarter.
Sterling & Wilson’s revenue increased to ₹1837 crore, almost triple the income of ₹583 crore reported in the same period last year. The order inflow for Sterling & Wilson so far this year has been ₹5920 crore, while the total order book till December was ₹12250 crore. The company will hold its analysts’ meeting on Friday, January 17.
Sterling & Wilson stock performance
Sterling & Wilson shares have fallen 33 percent in the last 6 months. The stock has given flat returns in the last one year. In the last three years, its investors have got only 12 percent return. At the same time, it has made a profit of 48 percent in the last 5 years.
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