Sterling and Wilson Solar zooms 54% in 5-weeks; hits 22-month high

A Shapoorji Pallonji group company, Sterling and Wilson Solar is an end-to-end solar engineering, procurement and construction (EPC) solutions provider

Shares of Sterling and Wilson Solar rallied 12 per cent on the BSE on Monday to hit a 22-month high of Rs 397. The stock of construction & engineering company traded at its highest level since November 2019. In the past five weeks, the counter has zoomed 54 per cent, as compared to 8.8 per cent rise in the S&P BSE Sensex.

Shares of Sterling and Wilson Solar had debuted on August 20, 2019 at the bourses. The company had raised Rs 3,125 crore through initial public offer by issuing shares at price of Rs 780 per share.