Sterling and Wilson Renewable Energy's Share Price Jumps 12% Following Major Order Wins
Small-cap stock Sterling and Wilson Renewable Energy share price soars 12% on this new order win; check details
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Sterling and Wilson Renewable Energy's share price surged by 12% on April 20, 2026, after securing significant domestic orders, including a ₹3,490 crore solar EPC project from Coal India in Bikaner, Rajasthan, India. The company's total EPC order inflows for FY26 now exceed ₹10,062 crore.
- 01Sterling and Wilson Renewable Energy's share price rose by 12% after new order announcements.
- 02The company secured a ₹3,490 crore contract from Coal India for a solar project.
- 03Total EPC order inflows for FY26 have surpassed ₹10,062 crore.
- 04The stock is still 37% below its 52-week high of ₹348.90.
- 05Management expressed optimism about sustaining growth in India's renewable energy sector.
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On April 20, 2026, Sterling and Wilson Renewable Energy's share price increased by 12.12%, reaching a high of ₹217.85 on the Bombay Stock Exchange (BSE). This surge followed the announcement of new orders, including a significant solar engineering, procurement, and construction (EPC) project from Coal India for an 875 MW solar photovoltaic project in Bikaner, Rajasthan, valued at ₹3,490 crore. Additionally, the company received a 50 MW AC project order from a private independent power producer in Maharashtra, India. With these contracts, the total EPC order inflows for FY26 have exceeded ₹10,062 crore, surpassing initial targets. Despite recent gains, the stock remains 37% below its 52-week high of ₹348.90, recorded in June 2025. Chandra Kishore Thakur, the Global CEO, expressed enthusiasm about the new projects and the company's role in India's renewable energy growth. The Board of Directors is scheduled to meet on April 23, 2026, to discuss the audited financial results for the quarter and year ending March 31, 2026.
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The new orders could lead to increased job opportunities and economic activity in the renewable energy sector in India.
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