Sterling and Wilson Renewable Energy's stock surged to Rs. 679.00, marking a rise of 5.70 points or 0.85% from its last closing price of Rs. 673.30 on the BSE.

The stock opened at Rs. 685.25 and fluctuated between a high of Rs. 689.55 and a low of Rs. 668.40 during the trading session. A total of 57,828 shares exchanged hands.

This BSE 'A' group stock, with a face value of Rs. 1, has seen a 52-week high of Rs. 828.00 on 21-May-2024 and a 52-week low of Rs. 253.45 on 19-Oct-2023. Over the past week, the stock has varied between Rs. 689.55 and Rs. 608.10. The company currently boasts a market capitalization of Rs. 15,710.91 crore.

Promoters hold 52.91% of the company, while institutional and non-institutional investors hold 19.15% and 27.94%, respectively.

Sterling and Wilson Renewable Energy (SWREL) has landed a significant contract for the engineering, design, testing, and commissioning of a 400 MW AC / 633 MW DC PV plant, along with the supply and construction of a 33/220 kV switchyard. This project, valued at approximately Rs. 550 crore, will be located in Rajasthan, India.

SWREL specializes in the construction and maintenance of power plants, offering a range of services including contract activities and operational services.