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Sterling and Wilson Solar hits record low on weak earnings concern

In the past one month, the stock has tanked 51 per cent as compared to 5 per cent decline in the S&P BSE Sensex in the same period

hare brokers react to falling stock prices on screens of computers and television
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SI Reporter Mumbai
Shares of Sterling and Wilson Solar declined 4 per cent to hit an all-time low of Rs 144 on Wednesday on the BSE amid concerns that the Coronavirus outbreak may negatively impact the company's earnings going forward.

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.

In the past one month, the stock has tanked 51 per cent, as compared to 5 per cent decline in the S&P BSE Sensex in the same period. It was trading at its lowest level since listing on August