Sterling & Wilson Renewable Energy Ltd (SWSOLAR)

Sterling & Wilson Renewable Energy Hits New High on Anticipated Order Bookings - 15 May, 2024

Shares of Sterling & Wilson Renewable Energy hit a new high of Rs 760 as the company anticipates higher order bookings in FY25 and expects revenue conversion from unexecuted orders. The stock has rallied 53% in the past month.

SMIFS Research Head Recommends Sterling & Wilson Renewable Energy Over Suzlon and Inox Wind - 06 May, 2024

Sharad Avasthi, Head of Research (PCG) at SMIFS recommends investing in Sterling & Wilson Renewable Energy Ltd over Suzlon Energy Ltd and Inox Wind Ltd. SW Solar shares jumped 5% to hit their one-year high level of Rs 714.55 as the company has fulfilled all its loan payment obligations without any restructuring or discount.

Sterling & Wilson Renewable Energy Shares Surge on Expected Order Bookings - 26 Apr, 2024

Shares of Sterling & Wilson Renewable Energy have surged by 27% in the past month and 126% in the past year, with a high P/S ratio of 5.1x. The company is expecting higher order bookings in FY25 from Reliance Industries and other major clients.

Analysts Forecast Huge Revenue Improvement for Sterling & Wilson Renewable Energy - 24 Apr, 2024

Despite missing earnings estimates, Sterling & Wilson Renewable Energy is expected to see a 195% improvement in revenue by 2025. Nuvama Research has maintained a buy rating and increased target price to Rs 850/share. Traders can buy for a target of Rs 690 in the next 3-4 weeks.

Sterling & Wilson Renewable Energy Reports Profit After 12 Quarters of Losses - 23 Apr, 2024

Sterling & Wilson Renewable Energy reported a net profit of Rs 1.5 crore in Q4 FY24 after 12 quarters of losses. The company's strong financial recovery and order inflow have led to a surge in share prices, with Nuvama Institutional Equities raising its target price to Rs 850.

Sterling & Wilson Renewable Energy Reports Positive Financial Performance - 22 Apr, 2024

Sterling & Wilson Renewable Energy (SWREL) reported a positive financial performance in Q4FY24 after nearly 12 quarters of losses. The company achieved significant revenue growth, turned EBITDA positive, reduced net debt, and saw a 64% increase in its unexecuted order value. Orders from Reliance Industries and Nigeria are expected to be finalized soon. Despite missing analyst estimates, SWREL is well-positioned to capture strong industry growth.

Sterling & Wilson Renewable Energy Reports Profit, Receives New Orders - 21 Apr, 2024

Sterling & Wilson Renewable Energy reported a net profit of Rs 145 crore in the March quarter and a net loss of Rs 212 crore for the full financial year ending March 2024. The company's order book grew to over Rs 8,000 crore at the end of March 2024. Additionally, the company received new orders worth Rs 488 crore during the quarter.