Sterling and Wilson Renewable Energy shares rally 16% as firm bags new orders worth ₹3,550 crore

Shares of Sterling and Wilson Renewable Energy surged as much as 16% to touch an intraday high of ₹224.99 apiece on Monday, April 20, as the renewable EPC firm secured an order worth ₹3,550 crore.

The company, in a regulatory filing, said it has been declared as the L1 bidder in a tender of Coal India for a turnkey EPC package for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.

It has also received an order for a 50 MW AC project in Maharashtra from a private Indian IPP.

Commenting on the order wins, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, shared, “We are delighted to announce our first project from Coal India and to partner in their renewable energy growth story. We are excited to close an eventful FY26 on a strong note and achieve more than ₹10,000 crore in EPC order inflows, which is significantly higher than our initial target set for the year.”

Thakur said that India continues to remain on a strong growth trajectory in renewable development and added that, as one of the country’s leading solar EPC companies, it expects to sustain the growth momentum.

With these new order wins, the total value of EPC order inflow in FY26 has exceeded ₹10,062 crore.

Sterling and Wilson Renewable Energy share price

At 12 PM, Sterling and Wilson Renewable Energy shares were trading at ₹223.30 apiece on the National Stock Exchange, soaring 15.12%.

In a month, shares of the firm have surged 30%, while for six months’ time, they have fallen 1%. From the beginning of the year, Sterling and Wilson Renewable Energy shares have climbed 4%.

The company has a market capitalisation of ₹5,213.36 crore.

Shares of the company had touched their one-year high of ₹348.9 apiece on June 12, 2025, while their 52-week low of ₹148 was hit on March 30, 2026.

About the company

Sterling and Wilson Renewable Energy Limited (SWREL) is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The company provides EPC services for utility-scale solar, floating solar, hybrid & energy storage and wind solutions and has a total portfolio of over 26.1 GWp (including projects commissioned and in various stages of construction).