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Sterling and Wilson gains for eighth straight day; stock up 44% in 8 days

The company's order inflows for FY20 increased by 15 per cent y-o-y to Rs 9,048 crore

Renewable Energy, solar, wind, clean, green
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SI Reporter Mumbai
Shares of Sterling and Wilson Solar gained for the eighth straight session, frozen in 5 per cent upper circuit at Rs 230.60 on the BSE on Wednesday, after the company’s US-based subsidiary was awarded its largest solar project in the United States of America worth $ 99 million (around Rs 747 crore).

The stock has rallied 44 per cent in the last eight trading days from the level of Rs 160 on June 19, 2020. Till 11:33 am, a combined around 40,000 shares have changed hands and there were pending buy orders for 620,000 shares on the NSE and BSE.